How to do your HTX (Huobi) taxes with Koinly
One of the largest global exchanges, HTX exchange (formerly Huobi) offers crypto investors more than 364 different cryptocurrencies and 57 local currencies, as well as margin trading, futures trading, and more. Koinly can help you do your HTX taxes safely, quickly, and accurately.
- Sign up to Koinly and choose your country and currency
- Connect HTX with Koinly to import all your HTX trades safely and securely
- Koinly calculates your HTX gains, losses, and income
- Download your HTX tax report from Koinly
- File your HTX taxes online or with your crypto tax accountant
Watch how to do your HTX (Huobi) taxes fast
Does HTX (Huobi) report to the IRS?
HTX no longer operates in the United States so it's unlikely the exchange is reporting to the IRS - although HTX may be facing pressure from other tax offices globally to share customer data.
How to connect Koinly and HTX (Huobi) via API
On HTX
- Log in to HTX
- Select your profile icon in the top right corner
- Select API management from the drop-down menu
- Enter a name for your API Key, for example, Koinly
- Under permission settings, check read-only
- Select create
- Read the risk warning pop-up, check the boxes, and select I understand
- Enter the security authentication code sent to your email address
- Copy the access key and the secret key
On Koinly
- Sign up or log in to Koinly and head to wallets
- Add a new wallet: HTX (Huobi)
- Paste the access key and secret key.
- Select secure import.
Important
Trades older than 4 months cannot be imported with HTX API. If you have trades older than this, use the CSV file method below instead.
How to integrate HTX (Huobi) with Koinly using CSV
You'll need to start by downloading a CSV file with your full trading history from HTX before you can upload it to Koinly - here's how.
How to download and export your transaction history CSV file from HTX
- Log in to your HTX account.
- In the top right corner, select orders.
- From the drop-down menu, select spot & margin orders.
- Select order history.
- Select your date range (up to 4 months).
- In the top right corner of the order history section, select the export icon. It looks like a sheet.
- To export data older than 4 months, you will need to send a record application. The application can be sent here and can take 5 days for the HTX team to generate. Make sure to select a custom date range that covers your entire transaction history on HTX.
How to upload your HTX CSV to Koinly
- Sign up or log in to your Koinly account and head to wallets
- Select add new wallet: HTX (Huobi)
- Select import from file
- Upload your CSV file or files
- Select import
Important
1. HTX only lets you export 4 months' worth of transaction data at a time. If you have more transaction data, you'll need to request a file from HTX using the link above.
2. You'll also need to verify your account with ID to make a transaction data request. HTX states they respond to these data requests within 5 business days.
How do I troubleshoot my HTX integration to Koinly?
Need help with HTX and Koinly? No problem:
- Head over to our help center
- Hit up our discussion boards - we might have already answered your question
- Ask us on social media - we're on Twitter or Reddit
- Contact us by email or live chat
- Got a feature request? Give us feedback on Canny
Calculate your HTX taxes
Sign up free today to calculate your HTX taxes
Does HTX have tax documents?
No, HTX doesn't provide specific HTX tax documents or tax reports. But as one of the biggest crypto exchanges going, HTX has teamed up with some awesome crypto tax apps so you can use your HTX transaction history report to generate a tax report for HTX. The easiest way to do this is using the HTX tax report API.
How do I get HTX tax documents?
The easiest way to get your HTX tax documents is to connect to crypto tax software via API or by uploading a CSV file of your HTX transaction history. Your crypto tax calculator will then calculate your HTX taxes for you and generate your HTX tax documents.
Can you use HTX (Huobi) in the US?
No. HTX shut down operations in the US as of December 15, 2019.
Does HTX provide financial or end of year statements?
You can use your HTX transaction history as an account statement. It has your complete HTX trading history and you can use it to generate a HTX tax statement. Once you've got your HTX account statement - calculate your crypto taxes yourself or upload your HTX financial statement to a crypto tax app to fetch a HTX tax statement in a snap.
Do I have to pay taxes on HTX?
Yes, if you’ve made any capital gains or income as a result of your crypto investment activities on HTX, you'll need to report these to your tax office and pay taxes on them. Your country tax regulations will specify what are the income and gains thresholds for paying taxes. Check out our tax guide for your country.
Does HTX (Huobi) require KYC?
HTX has some KYC verification procedures in place for users who wish to withdraw over a certain limit. The majority of small traders do not need to complete KYC to use HTX.
Is HTX (Huobi) safe?
HTX has not suffered any major hacks and is generally considered secure. HTX has however announced it is impacted by the FTX bankruptcy and the CEO Justin Sun has faced several controversies. Your crypto is always safest in a non-custodial, cold wallet.
Does HTX (Huobi) have Proof of Reserves?
Yes - HTX has provided Proof of Reserves via a snapshot from addresses on the 12th of November 2022. HTX was also recently acquired by About Capital in October 2022, and as part of this acquisition, HTX performed a Merkle Tree Proof of Reserves audit. Learn more about proof of reserves in our guide.