How do I connect my Stellar account to CoinTracker?
To add your Stellar transactions to CoinTracker:
Download the CSV export of your transactions from Stellar
Reformat those transactions into our CoinTracker CSV format (see our support guide here)
Import your CSV export to CoinTracker here
How to find your Stellar public address
Your Stellar (XLM) public address is what you use to receive funds or track your holdings.
Mobile wallets (e.g., Lobstr, Coinbase Wallet, Solar Wallet):
Open your wallet app.
Select your Stellar (XLM) account.
Tap Receive.
Copy your public address (starts with G...).
Web or desktop wallets (e.g., StellarTerm, StellarX):
Log into your wallet.
Click Receive or Deposit.
Copy your G... address from the displayed account details.
Hardware wallets (e.g., Ledger Nano):
Connect your Ledger and open the Stellar app.
In the companion software (Ledger Live or Lobstr Vault), click Receive.
Copy your G... public address.
Your Stellar address may include a Memo if you're depositing to an exchange—make sure to include it for proper transfers. Never share your private key or recovery phrase.
How are Stellar transactions taxed?
Stellar (XLM) is treated as property for tax purposes, similar to other cryptocurrencies. The taxable outcome depends on your specific activity:
Buying XLM with fiat (USD, MXN, etc.) – Not taxable; establishes your cost basis.
Selling XLM for fiat – Taxable capital gain/loss = sale proceeds − cost basis.
Swapping XLM for other crypto assets – Taxable disposal; the value of the received asset becomes your new cost basis.
Spending XLM on goods or services – Taxable, as it counts as disposing of crypto.
Receiving XLM rewards, payments, or airdrops – Ordinary income at fair market value when received.
Staking or interest earnings – Ordinary income when received; later sales = capital gain/loss.
Transfers between your own wallets – Non-taxable, but necessary to record for accurate tracking.
Transaction fees – May be deductible or added to basis depending on the transaction type.
CoinTracker automatically identifies taxable events and calculates capital gains, losses, and income for each XLM transaction.
Can the IRS track Stellar?
Yes. Stellar is a public blockchain, and all transactions are visible on-chain. The IRS and other tax agencies can:
Use blockchain analytics tools to trace wallet activity.
Obtain 1099 and transaction reports from regulated exchanges and custodians.
Match wallet addresses to verified exchange accounts through KYC data.
By syncing your Stellar wallet with CoinTracker, you ensure accurate, transparent, and compliant tax reporting for all your XLM transactions.