How to do your Bull Bitcoin taxes with Koinly
Bull Bitcoin is a non-custodial Bitcoin exchange. Users remain in control of their keys and can buy and sell Bitcoin directly into their wallets with zero fees.
If you are using Bull Bitcoin, you likely have a tax bill. Upload your Bull Bitcoin transaction history to Koinly you can calculate your Bull Bitcoin taxes. Here's how to export it.
Follow these steps to download your Bull Bitcoin data:
Files needed:
- Transaction history
How to download:
- Log in to Bull Bitcoin
- Click "My account"
- On the left sidebar, click "Transactions"
- Click the export button to download transactions
On Koinly:
- Create a free account on Koinly
- Complete onboarding until you get to the Wallets page and find Bull Bitcoin in the list
- Click on it and select "File import" in the import options screen
- Upload the files you downloaded from Bull Bitcoin (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 Bull Bitcoin?
Bull Bitcoin is a non-custodial, Bitcoin-only exchange; they don't hold your crypto for you, so users can directly buy and sell into their own wallets. Bull Bitcoin supports multiple Bitcoin networks, including On-chain Bitcoin, Lightning Network, and Liquid Network, so users can choose how they want to receive their BTC depending on speed and privacy. The platform also gives users the ability to pay bills directly from their accounts.
Is Bull Bitcoin safe?
Bull Bitcoin is considered relatively safe. They are a non-custodial exchange; they do not hold your assets, so users are in control of their own wallets and security. This makes the exchange a lot safer, but requires users to be educated in secure wallet and crypto handling to stay protected against scams. The platform can't help if users lose their crypto to theft.
Can I use Bull Bitcoin outside of Canada?
Bull Bitcoin, orginally built for use in Canada, has expanded availability into Europe, Mexico, Costa Rica, Argentina, and Columbia.
Does Bull Bitcoin provide tax documents?
Bull Bitcoin doesn't directly provide tax documents. However, you can export your Bull Bitcoin transaction history as a CSV and upload it to a crypto tax calculator like Koinly. It can calculate your income, gains, and losses and generate tax reports.
