Connect Coinbase Pro To CRPTM

A Bit About Coinbase Pro

Coinbase Pro is a cryptocurrency trading platform owned and operated by Coinbase. The exchange offers a secure trading environment with a robust set of features for advanced traders. Coinbase Pro is designed to appeal to more experienced traders, offering more advanced features and greater control over their trading experience. Coinbase Pro allows users to trade cryptocurrencies on a variety of different exchanges through one account, making it a convenient way to access the markets. The platform also provides an API that lets users build their own trading bots.

How to extract my transactions from Coinbase Pro for tax calculation and portfolio management?

CRPTM connects to Coinbase Pro through an API to make tax reporting for your cryptocurrency simple and easy. CRPTM then becomes your ideal Coinbase Pro tax tool once it is linked. How? CRPTM will calculate your Coinbase Pro taxes based on where you live and prepare your EOFY tax report in just a few minutes. What's more, all you have to do at tax time is download a copy of your tax statement from CRPTM and submit it to your local tax authority office- and you're done!

How to get the API Key on Coinbase Pro?

• Login to your Coinbase Pro account
• Select “Profile” in the top right corner
• Select “API” from the drop-down menu
• Select “+New API Key”
• Enter a name of your choice for your API key
• Check “view” to see permissions- ensure “read-only” access is enabled
• Create a Passphrase for your API key. While this is automatically generated, ensure you copy it and store it in a safe location in your laptop. You will need this when connecting with CRPTM.
• Enter the two-factor verification code sent to your phone
• Copy your API Key and API Secret and store them in a safe location in your laptop

How to integrate Coinbase Pro to CRPTM via API?

• Login to your CRPTM account
• Head over to the “Account” section on the top navigation bar of the page.
• Click on “Add Account” from the drop-down menu
• Type “Coinbase Pro” in the “Add Account” search field or select “Coinbase Pro” from the list of exchanges mentioned below it.
• To proceed, enter or paste your new API Key onto the API Key box section.
• Enter or paste your new API Secret onto the API Secret box section
• Enter or paste your passphrase onto the passphrase box section.
• And then click on “Connect Account”

All set! Your Coinbase Pro account is now added to CRPTM

Here’s some good to know information for you.

Sync time may take a few minutes if you send CRPTM data via API integration, especially if you have a lot of transactions. Once your data has synced, you'll see it in the “My Accounts” section.

If you have both Coinbase and Coinbase Pro, you'll need to sync both wallets in order for CRPTM to recognize taxable transactions from transfers. Syncing both Coinbase and Coinbase Pro with CRPTM may result in you seeing transactions from Coinbase Pro to Coinbase even if you didn't move any money, which is pretty normal. This is due to the fact that when you send crypto on Coinbase Pro, it is first sent to your account on Coinbase before it is sent on to the intended recipient. Don't worry, transfers that take place between accounts are not taxable.

Still having trouble integrating Coinbase Pro to CRPTM?