How to File Your Netcoins Taxes with Koinly

Netcoins is a popular Canadian crypto exchange that lets investors buy, sell and trade popular cryptocurrencies like BTC, ETH, LTC, and USDT. Whatever your Netcoins investments, Koinly can help you calculate and report your crypto taxes to the Canada Revenue Agency. You just need a CSV file of your Netcoins transaction history - here's how.

Follow these steps to download your Netcoins data:

  1. Log in to Netcoins.
  2. Select the cog icon in the top right corner.
  3. Select my documents.
  4. Under show, select transactions.
  5. Under date range, select all time.
  6. Under transaction typecheck all boxes.
  7. Under asset type, select all assets or the relevant assets to you.
  8. Select export.
  9. In the pop-up window, under type, select Koinly.
  10. Select export.

On Koinly:

  1. Create a free account on Koinly
  2. Complete onboarding until you get to the Wallets page and find Netcoins in the list
  3. Click on it and select "File import" in the import options screen
  4. Upload the files you downloaded from Netcoins (one at a time) and click on Import
  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 Netcoins with Koinly?

Your frequently asked questions

Does Netcoins provide tax forms?
How do I get Netcoins tax forms?
Is Netcoins registered in Canada?
Does Netcoins report to the CRA?
How do I download Netcoins transaction history?
Do I have to pay tax on Netcoins?
Does Netcoins issue end of year or financial statements?

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