How to do your Coinpass taxes with Koinly
Coinpass is a UK-regulated cryptocurrency exchange offering secure trading for retail, corporate, and institutional clients, with support for major assets, fast GBP deposits, and tailored business solutions. But if you have Coinpass transactions, HMRC will want to know about any gains, losses, or income from your investments. Koinly can help calculate your Coinpass taxes; you just need to import your transaction history. Here's how.
Follow these steps to download your Coinpass data:
- Log in to your account.
- From the navigation bar, select analytics then trade history.
- Make sure the filter is set to all transactions.
- Select export.
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Coinpass in the list
- Click on it and select "File import" in the import options screen
- Upload the files you downloaded from Coinpass (one at a time) and click on Import
- Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
- Go to the Tax Reports page to view your tax liability!
- 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 and Reddit
- Contact us on email or live chat
- Got a feature request? Give us feedback on Canny
FAQs
What is Coinpass?
Coinpass is a UK-based cryptocurrency exchange founded in 2018, primarily serving retail, corporate, and institutional clients. It is registered with the UK Financial Conduct Authority (FCA), offering regulated access to crypto trading with strong security features, including bank-grade custody via Fireblocks and multi-signature wallets. The platform supports a curated list of major cryptocurrencies (such as BTC, ETH, and XRP) with over 50 trading pairs, and allows deposits through GBP Faster Payments, SEPA, and card payments. Coinpass also provides services tailored to businesses and pension structures (like SSAS), along with an OTC desk for large trades. Additional features include advanced charting tools, automated trading options, and a staking product called Coinpass Earn. It was acquired by trading firm OANDA in 2023 to expand its institutional offering.
Is Coinpass safe?
Coinpass is considered a safe cryptocurrency exchange, registered with the UK Financial Conduct Authority (FCA) and compliant with regulatory requirements. It employs strong security measures such as bank-grade encryption, Fireblocks custody, and multi-signature wallets. User feedback is generally positive, highlighting reliability and responsive support. However, like all crypto platforms, Coinpass is not covered by the UK’s Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service. It's important to note that a fraudulent clone site has been flagged by the FCA, so users should verify they are using the official platform. As a best practice, users should avoid storing large amounts of cryptocurrency on any exchange and instead use secure, self-custodied wallets.
Does Coinpass provide tax documents?
No, but you can use a crypto tax calculator like Koinly to generate Coinpass tax documents. Just export your transaction history CSV file from Coinpass and upload it to Koinly. Once it has your data, Koinly calculates your gains, losses, income, and more, before generating HMRC crypto tax reports.
