To join other recent updates to our trading features including changing your trade amounts on the fly, we have implemented what we think will be a very popular feature: the ability to download your complete trade history.
Earlier you would have to manually keep track of your trades, which we agree was quite a pain for larger traders come tax time. With the ever increasing scrutiny on crypto trades and many countries’ tax offices increasing their knowledge and tools to track blockchains, it’s more important than ever to make sure you dot your i’s and cross your t’s.
Whether you are buying Bitcoin in the Netherlands or buying Ethereum in Canada, diligently recording your trade history is essential for novice traders, experts and companies alike.
You can export your complete trade history from your ‘My account’ page. Your history will be downloaded in a .CSV format, allowing you to keep track of your crypto trades much easier.
To download your trade history follow these 3 simple steps:
The .CSV file containing your trade history will most likely download to your ‘downloads’ folder whether on Mac or Windows, but this depends on your settings or web browser so make sure to check the file path when you download.
The file can be viewed in any program compatible with .CSV extensions. The most popular of these being Microsoft Excel and Google Sheets. The added bonus of Google Sheets is that any changes are saved, and being cloud-based, you can access the document anywhere with an internet connection.
If you hadn’t noticed already, at LocalCryptos we are big on security and privacy. Below are some tips to keep your downloaded documents safe.
As explained above, most likely your files will be downloaded into your ‘downloads’ directory, it is not recommended to keep them there. If you are a person who routinely cleans out your folders, you may have learnt this already. It’s easy to lose important files by accidentally deleting them from the often over-flowing downloads directory. Backing up files to an external hard drive is a great way to keep them stored safe.
An even better security step is to encrypt the folders, much like your messages are end-to-end encrypted on LocalCryptos. Encrypting individual folders or even your whole hard drive is a beneficial security measure, with AES-256 encryption being the industry standard.
If you like learning about crypto and security, keep an eye out on the LocalCryptos Academy for more articles like the recently added: How LocalCryptos Wallets Are Generated.
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