I see on Koinly, that I can copy paste my seed phrase into Koinly. Then it can read my Crypto.
1) Is this Safe?
2) Will it get my COST BASIS for Reward Crypto(such as mining)
3) do I need to have anything else besides just my Seed Phrase, such as API or CVS file?
Been really thinking about switching to Exodus Lately. Thoughts on this are much Appreciated and if you have done this please let me know of any issues.
Currently use Robinhood for my crypto buying and holding. I know this method above works for Robinhood wallet app on Koinly. But just not sure about Exodus
Bonus Question4) I see that I can also hook up my Robinhood account to Exodus- if I use this connection to buy Bitcoin on Exodus from My Robinhood account. Is there 2 tax events? Or just one, because it’s being bought on robinhood then transferred to another wallet I OWN.
This is what got me looking into Exodus⬆️
P.S I’m in USA.
Thank you
