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How to Do Your Bittrex Taxes

How To Do Your Bittrex Taxes

CoinLedger imports Bittrex data for easy tax reporting. Create the appropriate tax forms to submit to your tax authority.
Bittrex

Bittrex Tax Reporting

You can generate your gains, losses, and income tax reports from your Bittrex investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.

  • Bittrex exports a complete Transaction History file to all users. Simply navigate to your Bittrex account and download your transaction history from the platform.
  • Import your transaction history directly into CoinLedger. Import the file as is. No manual work is required!
  • CoinLedger automatically generates your gains, losses, and income tax reports based on this data.

File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

Bittrex Tax Reporting

You can generate your gains, losses, and income tax reports from your Bittrex investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.

  • Bittrex supports importing data via read-only API. This allows automatic import capability so no manual work is required.
  • Connect CoinLedger to your Bittrex account with the read-only API.
  • Let CoinLedger import your data and automatically generate your gains, losses, and income tax reports.

File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

Bittrex Tax Reporting

You can generate your gains, losses, and income tax reports from your Bittrex investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:

  • Automatically sync your Bittrex account with CoinLedger via read-only API. This allows your transactions to be imported with the click of a button.
  • Upload your Bittrex Transaction History CSV file to CoinLedger. You can download your Transaction History CSV directly from Bittrex and import it into CoinLedger

Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

Bittrex Tax Reporting

You can generate your gains, losses, and income tax reports from your Bittrex investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:

  • Automatically sync your Bittrex account with CoinLedger by entering your public wallet address. This allows your transactions to be read in directly from the blockchain.
  • Upload a Bittrex Transaction History CSV file to CoinLedger

Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

Bittrex Tax Reporting

You can generate your gains, losses, and income tax reports from your Bittrex investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below:

  • Navigate to your Bittrex account and find the option for downloading your complete transaction history.
  • Import your transaction history directly into CoinLedger by mapping the data into the preferred CSV file format.
  • CoinLedger automatically generates your gains, losses, and income tax reports based on this data.

File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.

How Cryptocurrency Taxes Work

Cryptocurrencies like bitcoin are treated as property by many governments around the world—including the U.S. Other forms of property that you may be familiar with include stocks, bonds, and real-estate.

Just like these other forms of property, cryptocurrencies are subject to capital gains and losses rules, and you need to report your gains, losses, and income generated from your crypto investments on your taxes.

For a complete and in-depth overview, please refer to our Complete Guide to Cryptocurrency Taxes.

How To Do Your Crypto Taxes

To do your cryptocurrency taxes, you need to calculate your gains, losses, and income from your cryptocurrency investments in your home fiat currency (e.g. US Dollar, Australian Dollar, etc.).

Once you have your calculations, you can fill out the necessary tax forms required by your country. If you are in the United States, you can learn which forms you need to fill out with our blog post: How to Report Cryptocurrency On Your Taxes.

Why Can't Bittrex Generate My Tax Forms?

Many cryptocurrency investors use additional exchanges, wallets, and platforms outside of Bittrex. Perhaps you also trade on Coinbase or earn interest from BlockFi. The trouble with Bittrex's reporting is that it only extends as far as the Bittrex platform. If you use additional cryptocurrency wallets, exchanges, DeFi protocols, or other platforms outside of Bittrex, Bittrex can't provide complete gains, losses, and income tax information.

How Does Cryptocurrency Tax Software Help?

By integrating with all of your cryptocurrency platforms and consolidating your crypto data, CoinLedger is able to track your profits, losses, and income and generate accurate tax reports in a matter of minutes.

You can test out the software and generate a preview of your gains and losses completely for free by creating an account.

Learn more about how CoinLedger works here.

Wondering how to report taxes on your Bittrex transactions? 

Trying to figure out how to report your crypto taxes can be overwhelming, stressful, and confusing. We put together this guide to help simplify the process. By the time you finish reading, you’ll have a better understanding of how crypto taxes work and how you can report your taxes on Bittrex and other exchanges in minutes. 

What is Bittrex? 

Bittrex is a well-known cryptocurrency exchange based in Seattle. The company offers its users a safe and secure environment where they can trade more than 700 crypto assets. Currently, the exchange handles more than $1.5 billion in monthly trading volume. 

Bittrex was founded in 2014 by Bill Shihara, Richie Lei, Rami Kawach, and Ryan Hentz. The group had experience dealing with security-related issues and had been previously employed by companies such as Amazon, Blackberry, and Microsoft. 

Over the years, Bittrex has built a reputation for security. The exchange offers all of its users two-factor authentication and a host of other features for safety and reliability. 

How are Bittrex transactions taxed? 

To help you better understand how your Crypto.com transactions will be taxed, let’s go over the basics of crypto taxes

The IRS considers cryptocurrency a form of property that is subject to both income and capital gains tax. 

Income tax events:  If you earned crypto from staking, mining, or as a payment, it will be considered personal income and will be taxed based on its fair market value at the time you received it.  

Although you cannot stake or mine crypto on the Bittrex platform, if you transferred crypto income earnings into Bittrex, you will need to account for those transactions.

Capital gains events: You incur capital gains or capital losses every time you dispose of your cryptocurrency. Selling your cryptocurrency or trading it for another cryptocurrency on Bittrex would fall into this category. 

It’s important to keep track of the holding period of your assets. If you hold your crypto for longer than a year, you will pay the slightly lower long-term capital gains tax. 

Why can’t Bittrex generate my tax forms for me? 

Because of the peer-to-peer nature of cryptocurrency, it’s incredibly difficult for any exchange to generate complete tax forms for its users. 

For example, imagine buying $10,000 of Bitcoin on Coinbase and then transferring it to Bittrex. If you end up selling your Bitcoin, Bittrex won’t know the cost basis of your coins since the original transaction took place outside of the platform. As a result, the platform won’t be able to calculate your capital gains and losses. 

Luckily, there is another way for investors to accurately report their crypto taxes. Platforms like CoinLedger allow investors to easily file their taxes on all of their crypto transactions. 

How to report your Bittrex transactions on your tax return 

You can upload your Bittrex transactions into CoinLedger in five easy steps. 

Step 1. Log in to your Bittrex account. 

Step 2. Select the ‘Orders’ button on the Menu header. 

Bittrex orders

Step 3. Under the ‘Recent Orders’ section, select ‘Download History’. 

Bittrex download history

Step 4. To create an accurate tax report, download your trading history for all relevant years. You will need to download a separate CSV file for each individual trading year. 

Bittrex transactions download

Step 5. Navigate to the Bittrex tab within the CoinLedger platform. Here, you can upload your CSV files or connect your account via API. 

Bittrex tax reporting

And that’s it! Once you upload your transactions for Bittrex and all other relevant exchanges, you will be able to directly file your tax return or send your transaction information to your crypto accountant. 

File your Bittrex taxes in minutes 

Looking to file your taxes on Bittrex and other exchanges? Crypto tax software can help. 


With CoinLedger, you can file your crypto tax return in minutes. Our support team is available for all of our customers in case you run into any problems during the import process. 

Register for a free account today. 

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