Effortlessly calculate your binance taxes and create the right tax documents to submit to your tax authority. Koinly completely supports Binance and makes tax reporting a breeze.
The first step is to download all your transactions from binance and upload them to Koinly. There are a couple of ways you can do this:
As Binance has an API, the easiest way to do so is to simply add your API keys (api key, api secret). Then Koinly will import all your transactions and you are ready to create a tax document.
If you don't have access to your API keys you can also import transactions by uploading CSV files.
If the above method(s) are not possible for you, you can also add the transactions manually through Koinly's web interface.
Note that if you want to import CSV files, you have to make sure to import your deposits/withdrawals and trades for ALL previous years and not just the current one!
That's pretty much it. Don't forget to tag your airdrops/forks so they show up as Income on your generated crypto tax reports!
Follow these steps to get your API keys:
Binance API has certain limitations:
Follow these steps to download your transaction files:
Binance does not export transactions for airdrops. Follow this guide to import them: Importing Binance airdrops .