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How Do I Do My Crypto Taxes with Gem Wallet?

Does Gem Wallet Make Tax Reports?​

No. Gem Wallet is a self-custodial wallet, so it has no account with your personal details and doesn't create tax documents or forms. There's also no CSV export of your transactions in the app.

You don't need one. All your activity is recorded on public blockchains, and crypto tax software can read it straight from your public wallet addresses. Several crypto tax tools list Gem Wallet as a supported wallet. Usually you search for Gem Wallet in the tool, paste your public addresses, and pick the blockchains you used. The tool then imports your history. Follow your tax tool's own guide for its exact steps.

caution

A tax tool only ever needs your public address. Never enter your Secret Phrase or private key into any tax website or app. If one asks for it, it's a scam.

Which Addresses Do I Need?​

Your Gem Wallet has a different address on each type of blockchain:

  • Ethereum and EVM networks (BNB Chain, Polygon, Arbitrum, Optimism, Base, Avalanche C-Chain, and others) all share one address starting with 0x. Copy it once, and select every EVM network you used in the tax tool.
  • Every other blockchain (Bitcoin, Solana, TRON, TON, XRP, Cardano, and so on) has its own address. Copy one for each blockchain you used.
  • Each wallet in Gem Wallet has its own addresses. If you have several wallets, import each one.

Include blockchains where your balance is now zero. Their past transactions still count for taxes.

How to Copy an Address​

  1. Open Gem Wallet and select the wallet.
  2. Tap the coin, for example Bitcoin or Ethereum.
  3. Tap Receive.
  4. Tap Copy Address.
  5. Paste it into your tax tool, and repeat for each blockchain.

To learn more about addresses, see Receive Crypto in Gem Wallet and Is It Safe to Share Your Wallet Address?.

Check Your Imported Transactions​

Tax tools read the blockchain, but they don't always label everything correctly. After the import, review your transactions in the tax tool and look out for:

  • Transfers between your own wallets. Moving crypto from an exchange to Gem Wallet, or between two of your wallets, isn't a sale. Import all your wallets and exchanges so the tool can match both sides.
  • Swaps. A swap is usually a disposal of one asset and a purchase of another. Swap fees, including Gem Wallet's swap fee, are part of the trade.
  • Cross-chain swaps. These show up as an outgoing transaction on one blockchain and an incoming one on another. You may need to link them manually. See What are Cross-Chain Swaps?.
  • Staking rewards. These may be treated as income where you live.
  • Network fees. These are paid in the network's coin on every transaction, including failed ones.
  • Spam tokens. Ignore or hide unsolicited tokens that have no real value. See What Is an Airdrop, and How Do I Spot a Fake One?.
  • Crypto you bought or sold for cash. Purchases and sales through a provider in Gem Wallet show the crypto arriving or leaving, but not what you paid. Check the provider's receipt or email for the price.

Privacy​

Sharing a public address lets anyone who has it see that address's balance and full history. That's fine for a tax tool you trust, but share addresses only with services you choose to use.

note

This page explains how to get your Gem Wallet history into tax software. It isn't tax advice. Tax rules depend on where you live, so check with a tax professional or your local tax authority.

Sources​

Examples of tax tool guides for importing Gem Wallet: