If you need to report taxes on your cryptocurrency transactions, you can use the following third-party platforms to import and classify your transaction data.
CoinTracking
CoinTracking is a third-party transaction record aggregation platform that allows you to import your Pionex transaction history CSV file and calculate your tax information for filing purposes.
Requirements
Before you begin, please ensure you have the following:
A CoinTracking account: If you do not have one, you can create an account using the following link: https://cointracking.info/?ref=PIONEX
A "for-cointracking.csv" file. You can easily obtain this file from the Pionex Web or App by following the instructions in the articles below:
After you have completed the requirements above, you can follow the steps below to import your data and calculate your taxes using CoinTracking.
How to Import Transactions and Generate Tax Reports
Step 1: Click [Imports] - [Other] - [CSV Import], then select [CoinTracking CSV Import] and click the [Choose File] button.
Note: Please do not use Exchange → Pionex. Instead, make sure to follow the above steps.
Step 2: Select the "for-cointracking.csv" file from your device and click [Continue to Import] to proceed.
Step 3: After verifying your transaction summary, click the [Start Import] button. Wait until all transactions are imported and you receive a completion notification. After that, click the [TAX Reports] button to proceed.
Step 4: Select the tax year and click the [Generate Report] button to obtain your tax report.
FAQ
Q: Does the CSV file provide P&L for each trading bot that I have traded?
A: No, this feature is not yet supported. P&L is calculated based on each individual trade executed by the trading bots, rather than being summarized by the bot.