How does the Easy Crypto to Swyftx migration affect transaction history and portfolio tracking?
The migration from Easy Crypto to Swyftx has raised several questions about transaction history, portfolio tracking, and data accessibility. Below, we provide a comprehensive guide to address these concerns.
Overview of the Migration Process
During the migration, Easy Crypto transaction history and portfolio tracking data are not automatically transferred to Swyftx. Swyftx operates as a separate platform and does not replicate Easy Crypto’s ability to track off-platform trades. This means users will need to take specific steps to retain and manage their historical data.
Transaction History Migration
Key Points:
No Automatic Transfer: Easy Crypto transaction history is not moved into the Swyftx system. This ensures there are no duplicate entries in tools like Koinly via the Swyftx API connection.
Secure Storage: Easy Crypto retains your transaction history securely and can provide it upon request if needed for tax or record-keeping purposes.
How to Access and Download Your Easy Crypto Transaction History
To retain your transaction history, you can download it as a CSV file from your Easy Crypto account. Follow these steps:
Log in to your Easy Crypto account.
Navigate to the orders or transaction history page.
Scroll to the bottom of the page.
Click the button labeled “Download a CSV of your completed orders.”
You can then import this CSV file into a portfolio tracking tool of your choice, such as Swyftx’s tracker or independent tools like Koinly.
Portfolio Tracking Post-Migration
Swyftx does not replicate Easy Crypto’s portfolio tracking capabilities, particularly for off-platform trades. If you’ve been using Easy Crypto for portfolio tracking, you will need to:
Export your Easy Crypto portfolio data as a CSV file.
Import the data into an independent portfolio tracking tool or Swyftx’s tracker to continue monitoring your investments.
FAQs
Will my Easy Crypto transaction history be lost?
No, your Easy Crypto transaction history remains securely stored. You can access it by downloading a CSV file from your Easy Crypto account. If the Easy Crypto platform becomes inaccessible in the future, you can request your transaction history directly from Easy Crypto.
Can Swyftx access my Easy Crypto transaction history?
Swyftx does not automatically have access to your Easy Crypto transaction history. However, Easy Crypto can provide your records to Swyftx for tax or compliance purposes if required.
Will my Easy Crypto transaction history create duplicate entries in Koinly?
No, since Easy Crypto transaction history is not transferred to Swyftx, there is no risk of duplicate entries in Koinly via the Swyftx API connection.
Conclusion
While the migration to Swyftx does not include the automatic transfer of Easy Crypto transaction history or portfolio tracking data, users can easily retain their records by downloading them as a CSV file. For ongoing portfolio tracking, independent tools or Swyftx’s tracker can be used. Easy Crypto ensures that your transaction history remains securely stored and accessible upon request.