Skip to main content

How to Connect Coinstash to Syla for Tax Reporting

Updated over 2 months ago

Syla is a crypto tax platform that automatically imports your Coinstash trading history, calculates your capital gains, and generates a report ready for your accountant or the ATO. Setup takes about 5 minutes.

Step 1 — Open Data Sources in Syla

Log in to your Syla account at app.syla.com.au. From the left-hand menu, click Data Sources — or click Add Data Source on the dashboard.

Syla Dashboard — click Data Sources

Step 2 — Select Coinstash

In the Add Data Source panel, find and click Coinstash from the list of exchanges. You can also use the search bar to find it quickly.

Select Coinstash from the data source list

Step 3 — Generate a read-only API key in Coinstash

After selecting Coinstash, Syla will show setup instructions alongside an Access Token field. You'll need to create a read-only API key in your Coinstash account.

Syla connection panel with instructions

In Coinstash:

  1. Click your profile icon in the top-right corner and select Account Settings

Coinstash — Account Settings

  1. From the left menu, click Security, then scroll down to API Keys and click Create API Key

Security page — API Keys section

  1. Enter Syla as the API Key Name

  2. Enter your Coinstash password

  3. Toggle Trade Permission and Withdraw Permission both to OFF

  4. Click Create API Key and enter your 2FA code if prompted

Create API Key modal — keep permissions OFF

⚠️ Important: Keep both Trade and Withdraw permissions OFF. Syla only requires read access — it cannot and should not be able to trade or move your funds.

Once created, your key will appear in the API Keys list with Permissions: read.

API Keys list — Syla key with read-only access

Step 4 — Paste the token into Syla and sync

  1. Copy the Access Token shown in Coinstash

  2. Return to Syla and paste it into the Access Token field

  3. Make sure the Sync tab is selected (shown as Best)

  4. Click Secure Sync

Syla will import your full Coinstash transaction history. Within a few seconds Coinstash will appear in your Data Sources with a green sync indicator and your transaction count.

Syla Data Sources — Coinstash connected and synced

You're all set! Head to Tax Reports in Syla's left menu to view your capital gains summary and download your annual tax report.

Need help? Reach out via the chat icon below and our support team will assist you.

Did this answer your question?