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How to Connect Bitrue and Koinly

Easily calculate your bitrue taxes and generate the correct tax documents to send to your tax agency. Koinly supports Bitrue and makes your tax reporting a walk in the park.

API Import CSV File Import
Last updated: Wednesday, 5 October 2022

How to connect Bitrue with Koinly

Bitrue is a Singapore based crypto management platform. The exchange lets investors buy, sell and exchange a huge variety of cryptocurrencies. For the more experienced crypto investor, there's also futures trading, loans, investments and staking.

How to get a tax statement from Bitrue

You might be wondering, Is it even possible to get tax info and statements from Bitrue? Does Bitrue provide CSV tax and trade history reports? What about a Bitrue tax API? The good news is, while Bitrue might not provide tax forms and documents, Bitrue does offer 2 easy ways to export transaction and trade history!

Bitrue pairs with Koinly through API or CSV file import to make reporting your crypto taxes easy. Once connected, Koinly becomes the ultimate Bitrue tax tool. How? Koinly will calculate your Bitrue taxes based on your location AND generate your EOFY tax report, all within 20 minutes! All you’ll need to do at tax time is download your Bitrue tax statement from Koinly and file it with your local tax authority. Done!

Connect to Koinly with the Bitrue tax report API

On Koinly

  1. Sign up or log in to your Koinly account and go to the wallets page.
  2. Select add new wallet: Bitrue.
  3. Select set up auto-sync.
  4. Head over to Bitrue.

On Bitrue

  1. Log in to your Bitrue account.
  2. In the top right corner, select your profile icon.
  3. From the drop down menu, select API.
  4. Enter a name for your API key, for example, Koinly.
  5. Select create API key.
  6. Complete the two-factor verification.
  7. Go to the email address associated with your Bitrue account and select the verification link.
  8. For IP access restrictions, select "Not limited to any IP".
  9. Copy your API key and API secret key. Store the API secret key somewhere safe, you won't be able to access it again.
  10. Complete the two factor verification.

On Koinly

  1. Paste the API key into the API Key box.
  2. Paste the API secret key into the secret key box.
  3. Select secure import.

Good to know
Rewards from the 'Earn' program are not provided by the Bitrue API. If you have received staking or lending rewards then you will need to import those using CSV files. The CSV file that includes this data is called 'Bonuses'.

How to import your Bitrue tax report CSV file to Koinly

On Bitrue

  1. Log in to your Bitrue account.
  2. In the top right corner, select assets.
  3. From the drop down menu, select overview.
  4. Select export asset transaction history.
  5. Bitrue splits transaction data into deposits, withdrawals, bonuses, order history, loans and trade history. You'll need to download all the files relevant to your transactions. The order history and trade history file contain the same information, so you do not need to upload both of these to Koinly, just the trade history file.
  6. Select the date range.
  7. Select ok.

On Koinly

  1. Sign up or log in to your Koinly account and go to the Wallets page.
  2. Select add new wallet: Bitrue.
  3. Select import from file.
  4. Upload your CSV files.

Good to know
Bitrue only lets you export data in 3 month periods. You'll need files that cover your entire trading history on Bitrue for Koinly - so this may end up being multiple CSV files for long-term users. If this is the case for you, we recommend using the API integration method instead.

How do I check if my Bitrue import is accurate?

We have lots of helpful resources if you're having any problems with your Bitrue data import to Koinly:

It's really helpful to use our Getting Started Guide before reviewing your transactions. This can help you identify and resolve any issues in no time at all.