How to do your Bybit EU taxes
Bybit EU is Bybit's European entity, built specifically to serve customers in the European Economic Area (EEA, except Malta) and follow European regulations and standards.
You can use a tax calculator like Koinly to easily generate Bybit EU tax documents. Connect Bybit EU to Koinly via API to calculate your gains, losses, income and get your crypto tax reports.
Follow these steps to sync your Bybit EU data automatically to Koinly:
Create the TAX API key
- Log in to your Bybit account on bybit.com
- Head to the Tax API page
- Click on Create a new tax API
- Set a name for the key, such as "Koinly" and click on Create API key
- Copy the API key and API secret and add them to your Koinly account. These keys are read-only by default
Subaccounts
- Create another ByBit wallet in Koinly for every subaccount you have
- Generate an API key for each subaccount
- Connect each wallet in Koinly with the API key generated
Please check your transfers between the main account and your subaccounts, as these are sometimes missing and need to be added manually.
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Bybit EU in the list
- Select API > Paste the API keys you copied above in the appropriate box
- Hit Import and wait for Koinly to sync your data. This can take a few minutes
- 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!
🟠 Partial support:
- Conversions: may be missing (possible gaps)
❌ Can't import (not available via API):
- Bot trades
- Copy-trading
- Launchpool rewards
- NFT trades
ℹ️ Other:
- Transactions from the last 3 days are unavailable (will sync later)
- Bybit API keys will expire after 180 days so new keys need to be generated regularly
- The API can take a few hours to sync due to rate limitations
- 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 Bybit EU?
Bybit EU is the European-regulated entity of Bybit, operated by Bybit EU GmbH, a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR). It provides European customers (except Malta) with crypto custody, exchange, rewards products, and more via the Bybit platform.
Is Bybit EU safe?
Bybit EU is fully regulated within the European Economic Area (except Malta) and holds a MiCAR license, which means it follows strict European standards for consumer protection, market fairness, and digital asset safety. However, your crypto is always safest in a non-custodial, cold wallet when you're not actively trading.
Does Bybit EU provide tax documents?
Bybit EU does not provide tax documents. However, with Koinly you can upload your Bybit EU read-only data to easily calculate your crypto taxes and generate country-specific tax reports for the UK, Sweden, France, Finland, Denmark, and Switzerland, as well as a comprehensive tax report that's suitable for all countries.
