You might be wondering, does Phemex provide CSV tax and trade history reports? Is it even possible to get tax info and statements from Phemex? The good news is, while Phemex might not provide tax forms and documents, it does offer two easy ways to generate all the information you need for your crypto taxes.
Phemex pairs with Koinly through CSV file import or API integration to make reporting your crypto taxes easy. Once connected, Koinly becomes the ultimate Phemex tax tool. How? Koinly will calculate your Phemex 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 Phemex tax statement from Koinly and file it with your local tax authority. Done!
You can't download a complete transaction history CSV file from Phemex, so you'll need to download several different CSV files to import to Koinly. The files you can download are:
If you're uploading these CSV files to Koinly - you'll only need the first five reports as they include all the information Koinly needs to calculate your crypto taxes. Follow the steps below - or use Phemex's guide on how to get the different account statements.
Good to know
If you're using the CSV file upload method make sure to import your deposits, withdrawals and trades for ALL trading years and not just the current year. This will allow Koinly to correctly calculate your taxable position. Phemex only lets you generate 3 months worth of transaction data at a time, so you may need to download multiple files to include your full transaction history.
Koinly will automatically aggregate all Closed PNL transactions for the same contract to a single daily transaction. All fees and funding payments will be saved as a single daily transaction for all different contracts combined. This is done to avoid importing thousands of small transactions of insignificant value which is often included in the Phemex CSV files. This means that you might see only 100 transactions on Koinly instead of 1,000 or 2,000 using another crypto tax platform. This makes it easier for you to verify that transactions are imported correctly, and the resulting gain/loss will be exactly the same.
Need help importing your Phemex transaction data?