Coinsquare is a popular and trusted Canadian crypto exchange for investors of all experiences, offering more than 40 cryptocurrencies to buy, sell and trade, as well as a pro trading platform for experienced investors and an OTC Wealth platform. Whatever your Coinsquare investments, Koinly can help with your Coinsquare taxes.
Yes. In March 2021, Coinsquare came to an agreement with the CRA to hand over customer data dating back as far as 2014 in order to ensure tax compliance. This agreement came following federal proceedings from the CRA.
Getting your Coinsquare taxes done is easy and quick with Koinly. All you need is a your complete Coinsquare transaction history, which you can export from the platform as a CSV file.
Once you have your Coinsquare CSV file, just upload it to Koinly and Koinly comes the ultimate Coinsquare tax tool. Koinly calculates your capital gains and losses, as well as any income and converts it all into CAD. Koinly generates a variety of CRA crypto tax reports, depending on how you prefer to file - including the Schedule 3 form, the TurboTax Canada Report, and the Complete Tax Report. All you need to do is download your crypto tax report, ready to file with the CRA or hand over to your accountant to file on your behalf.
There's ways to get the CSV file you need from Coinsquare and it depends on the Coinsquare platform you're using.
For users on the old Coinsquare platform, you can request a copy of your transaction history using this request form. Make sure to request your all time transaction history when prompted, as well as requesting your transaction history for all the Coinsquare platforms you use.
For users using Coinsquare Trade or the Coinsquare Trade app, here's how to get your CSV file:
Having trouble with your Coinsquare integration? Not to worry - there’s plenty of help available:
Sign up free to calculate your Coinsquare taxes.
Coinsquare provides a generic tax summary that is a CSV file of your transaction history. You'll need to use this file to calculate your Coinsquare taxes, or upload it to crypto tax software like Koinly.
The easiest way to get your Coinsquare tax documents for the CRA is to upload your Coinsquare CSV file to crypto tax software like Koinly and let it generate your Coinsquare tax documents for you.
Easy, log in to Coinsquare trade, select your account name then documents, then download your Generic Tax Summary file.
Yes. Coinsquare is IIROC (Investment Industry Regulatory Organization of Canada) regulated, as well as FINTRAC and OSC registered.
No, but Coinsquare does provide a Generic Tax Summary for users to calculate their tax liability themselves or upload to a crypto tax calculator.
Yes. If you've traded or sold crypto on Coinsquare and make a gain, you'll be liable for Income Tax on all or half of that gain depending on how the CRA views your income.