Users need to keep track of their transaction history so that they can know how much money they are spending on crypto. It is also helpful for tracking the profit and loss made while trading. Thus every user must have its transaction record for future reference or for the user to make a budget for monthly crypto spending.
So this blog will tell how you can download your transaction history of MetaMask Chrome Extension and some other points that might not seem valuable but in reality, they are important.
Method Number 1 - Through Balance Checkers
You can either use the BscScan version or the EtherScan version for reviewing the transaction history. A user can ask for the previous wallet transaction history in the form of a snapshot whenever they desire. However, you should know that both the above-mentioned explorers will only give you the details of the Ethereum and BNB tokens only. So it is not possible to review the other token's balances through EtherScan or BscScan. However, you can use other scanners that work in a similar manner. You can also get a precise result of a particular date or time and even the seconds. To use this method, you will require your block number which could be obtained easily on MetaMask Chrome Extension.
Method Number 2 - By downloading the spreadsheet of the wallet history
This method could be executed by following the steps stated further. This process is for using the Ethereum Mainnet:
- Open EtherScan and then look for your wallet address.
- Then keep scrolling down the screen till you reach the bottom of your transaction list.
- Now on the lower right section of the screen, a link (Download .csv file) would be given.
- Click on the said link.
- Now wait till the new screen is opened.
- A dialog box would appear and will ask you to specify the date and time of the transaction history you want to know. You can even add more details to narrow the result.
- To confirm your transaction, you will have to enter the captcha.
- Press ‘Download’.
- Now check your downloaded files.
Can we file tax on MetaMask Chrome Extension?
Yes, it is possible to file taxes on this platform. But there might be difficulties in doing so. It is because MetaMask Chrome Extension is a decentralized exchange. Given below are the steps for tax filing on MetaMask:
- Open your browser extension of MetaMask.
- Now copy the wallet address.
- In your CoinLedger Account, select the coin Ethereum.
- Now paste the address copied in Step 2.
Now you will be able to generate your tax report.
Summing it up
You should know that MetaMask Chrome Extension will not tell you the full tax of your crypto taxes. It is so because the traders use more than one platform for trading and it would be difficult to collect the data from all the platforms. Hence MetaMask would only calculate the tax of currencies traded on it.