Doing your crypto tax used to mean exporting CSVs, juggling API keys, and hoping the numbers lined up at the end. Swyftx and Summ are now directly integrated, so you can skip all of that: create your Summ account straight from Swyftx, and your trading history is connected from the very first screen.

Here's how the Swyftx SSO connection works, what it does for your tax report, and how to get set up in about a minute.

Connect Swyftx to Summ in one click (SSO)

SSO (single sign-on) is the fastest way to get your Swyftx data into Summ. There are no API keys to generate and no CSV files to download. You start from inside your Swyftx account, and Summ does the rest.

1. Log in to Swyftx.

2. Select your circled initial in the top right corner of the dashboard, then select Account settings.

3. Navigate to Transaction Reports.

4. Select SSO connect.

5. You'll be taken to Summ with your account already created, your Swyftx data connected automatically, and your 30% first-year discount applied, no code needed.

That's it. From there you can review your transactions and generate an ATO-ready report for the financial year you need.

What is Swyftx?

As one of Australia's most popular and trusted crypto exchanges, Swyftx is a Queensland-based platform founded in 2017 by Alex Harper and Angus Goldman. It offers an all-in-one crypto trading and investing experience, with 440+ assets, real-time pricing, a risk-free demo mode, and AUSTRAC registration. Swyftx has partnered with Summ so the two platforms connect directly, making tax time one less thing to think about.

Why connect directly instead of importing manually?

• No API keys or CSVs. The SSO connection skips the steps that usually trip people up.

• Your data is there from the start. Your Swyftx transaction history is connected the moment you land in Summ.

• Accountant-ready reports. Summ is built specifically for ATO guidelines and generates compliant tax reports in minutes.

• Your discount is automatic. The 30% first-year discount applies on the SSO path with no code to remember.

You can also claim the same exclusive offer through the dedicated Swyftx x Summ page.

Prefer to connect manually? You still can

SSO is the quickest route, but Summ also supports an API connection and a CSV upload if you'd rather set things up yourself.

Import via API

1. Log in to Swyftx, select your circled initial, then Account settings and API Keys.

2. Select Create New Key, read the warning, then select I Understand.

3. Name the key (e.g. Summ) and make sure the scope is set to Read Only.

4. Sign up to Summ, search for Swyftx in the integrations list, and paste the key into the API Key field.

5. Summ syncs your full Swyftx transaction history automatically.

Note: Swyftx's staking feature isn't yet supported by the API import, so staking deposits and withdrawals won't come across at this stage. We're working with Swyftx to support this.

Import via CSV

1. Log in to Swyftx, go to Transactions, then View transaction reports.

2. Choose a preset or custom date range that covers your entire Swyftx trading history, then select Download CSV.

3. Sign up to Summ, search for Swyftx, browse to your CSV file, and upload it.

4. Review your transactions, then generate the report for your chosen financial year.

Tip: Swyftx CSV exports can carry daylight-saving time inconsistencies, so we recommend the SSO or API path for the most accurate results.

How is crypto taxed in Australia?

Investing in cryptocurrency can create either Capital Gains Tax (CGT) or income tax liabilities, depending on the transaction. A capital gain (or loss) is your capital proceeds (what you disposed of the asset for) minus its cost base (what you paid). If you held the asset for more than 12 months as an individual, the 50% CGT discount may apply.

Disposals such as selling crypto for Australian dollars, or swapping one crypto for another on Swyftx, can each trigger a CGT event. Once your taxable amount is worked out, it's taxed at your individual income tax rate. You can read more in our Australian Crypto Tax Guide and our guide to disposing of crypto.

What records do you need to keep?

The ATO expects you to keep records of your crypto transactions, generally for five years after the transaction. That includes the date of each transaction, its value in Australian dollars at the time, what the transaction was for, and who the other party was. Keeping receipts, exchange records, and wallet records makes tax time far simpler, and connecting Swyftx to Summ handles most of this record-keeping for you automatically.

Ready to sort your Swyftx tax?

Connect Swyftx to Summ and generate an accountant-ready report for this financial year, with your 30% first-year discount applied automatically. Get started on the Swyftx x Summ page.