Bitfinex Tax: How to file taxes

TokenTax connects to Bitfinex for easy crypto-currency trade tracking and tax filing.

Bitfinex

Connecting Bitfinex with TokenTax

  1. Open the Bitfinex API (https://www.bitfinex.com/api) page by using the User Settings dropdown at the top right and clicking API.

  2. Click Create New Key.

  3. Keep the default permissions unchanged (all read permissions enabled).

  4. Enter a label for the API key.

  5. Click Generate API key.

  6. Confirm the new API key from the verification email you receive from Bitfinex.

  7. Copy your API key and API secret to TokenTax (https://tokentax.co/import).

Uploading a Bitfinex CSV with TokenTax

Bitfinex trade transactions:

IMPORTANT: If you have margin trades, you will need to connect an API key to supply all needed data.

  1. Hover over the silhouette icon at the top right, click Account, and then on the left sidebar, click Reports (https://www.bitfinex.com/reports).

  2. Click on Trades under the Trading section.

  3. On the top left corner, click the calendar icon. Select a custom date range encompassing all your trades.

  4. Important: You must select YY-MM-DD for the date format.

  5. Click View then Export.

  6. You will receive your CSV file by email. Save and then upload your CSV file to TokenTax (https://tokentax.co/import/csv).

Bitfinex deposits/withdrawals

  1. Hover over the silhouette icon at the top right, click Account, and then on the left sidebar, click Reports.

  2. Find Deposits and Withdrawals under the Movements section. Repeat the following steps for both deposits and withdrawals.

  3. Click Deposits or Withdrawals and then on the top left corner, click the calendar icon. Select a custom date range encompassing all your trades.

  4. Important: You must select YY-MM-DD for the date format.

  5. You will receive your CSV file by email. Save and then upload your CSV file to TokenTax (https://tokentax.co/import/csv).

Frequently Asked Questions

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How Does TokenTax Work?

A quick rundown of how TokenTax works and why we are the top cryptocurrency tax software. Import your crypto trading from any exchange and easily create the required tax forms.

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How to File Crypto Taxes on Your Tax Return

How to file crypto taxes: Cryptocurrency tax reporting is required by the IRS. Learn how to file your crypto taxes on your tax return using the Form 8949.

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