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Generating Your BitForex Taxes

Easily calculate your Bitforex taxes and create the appropriate tax reports to send to your tax agency. Koinly integrates with BitForex and makes your tax reporting a walk in the park.

CSV File Import

How does it work?

The first step is to download all your transactions from Bitforex and import it into Koinly. There are a couple of ways you can do that:

  • BitForex doesn't currently have an API so the best way to get your crypto taxes done is to download a CSV file of your transaction history in BitForex. Then you can upload this CSV file to Koinly. Please note, Bitforex only provides orders when exporting CSV files - so all deposits and withdrawals need to be added separately. As well as this, Bitforex only allows for one trade-pair for each CSV file, but users will need to export all of their trades - this means you may need to export multiple CSV files.
  • If you only have a few transactions and the above method(s) are not possible for you, you can even add the transactions one by one through Koinly's web interface.

If you want to use CSV files, you must make sure to import your deposits/withdrawals and trades for ALL previous years - 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 forms!