How to do your BDSEX taxes with Koinly
BSDEX is a regulated German crypto exchange by Börse Stuttgart, offering secure, low-fee crypto trading. But if you have BSDEX crypto transactions, you may have a tax bill. Koinly can calculate BSDEX crypto taxes; it just needs your BSDEX transaction history. Here's how to export it.
Follow these steps to download your BSDEX data:
Files needed:
- Yearly Transaction History
How to download the yearly transaction history:
- Click on your user icon in top-right and select "Settings"
- Switch to "Account and taxes" tab
- Click the "Download CSV" button next to each year you traded on BSDex
- Import the downloaded files to Koinly (into one BSDex wallet)
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find BSDEX in the list
- Click on it and select "File import" in the import options screen
- Upload the files you downloaded from BSDEX (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 BSDEX?
BSDEX (Börse Stuttgart Digital Exchange) is a regulated German crypto trading platform operated by Börse Stuttgart, one of the countryâs major stock exchanges. It offers trading of major cryptocurrencies like Bitcoin, Ethereum, Litecoin, and XRP against the Euro with low fees (around 0.2% per trade), transparent order books, and secure custody through a Börse Stuttgart subsidiary.
Is BSDEX safe?
BSDEX is considered relatively safe thanks to strict German regulation under BaFin, licensed custodial services with multi-level wallet security, insured euro deposits up to âŹ100,000, ISO-27001 certification, and strong authentication measures. These factors make it more trustworthy than many unregulated exchanges. However, like all centralized platforms, users donât control their private keys, crypto assets arenât covered by the same deposit insurance as fiat, and there remains some risk from hacking, regulation changes, or weak user security practices. Overall, BSDEX offers a high level of security for trading, but long-term storage of large crypto holdings is still safer in personal cold wallets.
Does BSDEX provide tax documents?
No, BSDEX doesn't issue tax documents, but you can export your BSDEX transaction history as a CSV file and upload this to a crypto tax calculator like Koinly to calculate your profits and generate your tax reports.
