How To File Your Bitfinex Taxes With Koinly

How to do your Bitfinex taxes with Koinly

Bitfinex is a popular crypto exchange for advanced investors looking to conduct large transactions with a range of digital assets and a host of trading options, including margin trades and lending. Koinly can help you do your Bitfinex taxes safely, quickly, and accurately.

CSV

Follow these steps to sync your Bitfinex data automatically to Koinly:

  1. Log in to your Bitfinex account.
  2. In the top right-hand corner, scroll over the profile icon to open up the drop-down menu.
  3. From the drop-down menu, select security.
  4. On the right-hand navigation bar, select API.
  5. Select create new key.
  6. The permissions granted should already be set to read-only access, but double-check this.
  7. Select generate API key.
  8. Complete 2FA.
  9. Copy both the API key and the API key secret from Bitfinex and add them to Koinly.

On Koinly:

  1. Create a free account on Koinly
  2. Complete onboarding until you get to the Wallets page and find Bitfinex in the list
  3. Select API > Paste the API keys you copied above in the appropriate box
  4. Hit Import and wait for Koinly to sync your data. This can take a few minutes
  5. Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
  6. Go to the Tax Reports page to view your tax liability!
Having trouble connecting Bitfinex with Koinly?

Your frequently asked questions

Does Bitfinex have tax documents?
How do I get Bitfinex tax documents?
Does Bitfinex provide financial or end of year statements?
Do I have to pay taxes on Bitfinex?
Is Bitfinex available in the US?
Is Bitfinex safe?
How did Bitfinex get hacked?
Does Bitfinex require KYC?
Does Bitfinex have Proof of Reserves?

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