How To File Your Phemex Taxes With Koinly

One of the largest crypto exchanges worldwide, Phemex lets crypto investors of all experience levels buy, sell, trade, and stake their crypto assets. Koinly can help you do your Phemex taxes safely, quickly, and accurately.


Follow these steps to sync your Phemex data automatically to Koinly:

  1. Log in to your Phemex account and click on your profile icon in the top right corner.
  2. From the left-hand menu, select API management.
  3. Select create new API key.
  4. Select default API entry.
  5. Give your API key a name - for example, "Koinly".
  6. Under IP address, select don't bind.
  7. Under permissions, select read-only.
  8. You'll be sent a verification code for your API key, enter the verification code from your email address.
  9. Copy your API key and API secret, and paste into the fields in Koinly.

On Koinly:

  1. Create a free account on Koinly
  2. Complete onboarding until you get to the Wallets page and find Phemex in the list
  3. Select API > Paste the API keys you copied above in the appropriate box
  4. Hit Import and wait for Koinly to sync your data. This can take a few minutes
  5. Review your transactions on the Transactions page to ensure everything is tagged correctly and no missing data
  6. Go to the Tax Reports page to view your tax liability!
Having trouble connecting Phemex with Koinly?

Does Phemex report to tax offices?

Phemex is a large crypto exchange and as such will definitely be of interest to tax offices around the world including the ATO, HMRC and the CRA. Many of these tax offices require exchanges to put KYC processes in place and share customer data to ensure tax compliance.

Your frequently asked questions

Does Phemex have tax documents?
How do I get Phemex tax documents?
Does Phemex provide financial or end of year statements?
Do I have to pay taxes on Phemex?
Can Americans use Phemex?
Does Phemex require KYC?
Where is Phemex located?
Does Phemex have proof of reserves?
Does Phemex report to the IRS?