How to file your LCX taxes with Koinly
LCX (The Liechtenstein Cryptoassets Exchange) is a regulated cryptocurrency trading platform established in 2018 that is popular with European crypto investors. LCX offers a secure environment for buying, selling, and storing digital assets, with a strong focus on asset tokenization, token offerings, and advanced trading tools. But if you've got LCX transactions, you might have a tax bill. Don't worry, Koinly can help. Here's how.
Follow these steps to download your LCX data:
- Log in to your LCX account
- Go to the transactions history page
- Export/download your transaction history for ALL years of trading (check with their support if you can't find this)
- Manually check that the file contains all your deposits, withdrawals and trades
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find LCX in the list
- Click on it and select "File import" in the import options screen
- Upload the files you downloaded from LCX (one at a time) and click on Import
- 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!
- 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 LCX?
LCX (Liechtenstein Cryptoassets Exchange) is a regulated cryptocurrency trading platform founded in 2018. Operating under Liechtenstein's blockchain laws, it focuses on asset tokenization, compliant token offerings, and advanced trading tools. With nine regulatory registrations from the Financial Market Authority Liechtenstein, LCX ensures compliance and security while bridging traditional finance with blockchain technology.
Do I have to pay tax on my LCX transactions?
Yes. Crypto tax rules vary depending on where you live (so check out our crypto tax guides) - but generally speaking, you'll pay Capital Gains Tax on any gains from crypto and Income Tax on any additional income from crypto.
How do I calculate my LCX taxes?
The easiest way to calculate your LCX taxes is to use a crypto tax calculator like Koinly. Just export the Koinly CSV file from LCX, and upload it to Koinly to import your transaction history and let Koinly crunch the numbers.
Where can I use LCX exchange?
LCX serves investors globally, but there are some notable exclusions due to regulatory issues in specific countries, such as the US and the UK.
