Preparing Your BitMax Taxes

Easily calculate your bitmax taxes and generate the correct tax documents to submit to your tax agency. Koinly fully supports BitMax and makes tax reporting a piece of cake.

Last updated: Wednesday, 27 July 2022

Here's what you should do

The first step is to download all your transaction data from BitMax and import them into Koinly. There are a few ways you can do this:

  • As BitMax has an API, the most efficient way to do so is to simply connect your API keys (api key, api secret). After that Koinly will sync your transaction data and you can generate your tax report.
  • If you don't have access to your API keys you can also import transactions by uploading your CSV files.
  • If the above method(s) are not possible for you, you can also add the transactions one by one through Koinly's web interface.

Note that if you decide to import CSV files, you have to make sure to import your deposits/withdrawals and trades for ALL years and not just the current one!

Bitmax has now rebranded to Ascendex.

That's all you have to do. Don't forget to tag your airdrops/forks so they appear as Income on your final crypto tax reports!