Resources/exchanges/Preparing your Bibox Taxes

Preparing your Bibox Taxes

Introduction

The first step in using CryptoTaxCalculator to calculate your Bibox and other crypto taxes is uploading your transaction data. At this stage, this can be done using an API to automatically upload data.

Using an API

On Bibox:

  1. Login to bibox.com
  2. Click on your profile icon (upper right) and navigate to the API section
    Creating API key
    Creating API key
  3. Create a new API, entering your two-factor authentication code if required
  4. Click Show under Secret
  5. Save and copy your API and Secret keys to a safe place

On CryptoTaxCalculator:

  1. Login to CryptoTaxCalculator and navigate to the import page
  2. Select Bibox from the drop-down menu
    Importing your data onto the website
    Importing your data onto the website
  3. Enter your API and Secret Key and click Import
  4. The process might take a few minutes, but in the meantime, you can continue adding other exchange data

Wrapping up

This is the first step in calculating your crypto taxes, after this CryptoTaxCalculator can use the data to calculate your complete tax obligation and portfolio breakdown. If there are any missing transactions that couldn’t be captured from the import process you can add them manually in the review transactions section.

The information provided on this website is general in nature and is not tax, accounting or legal advice. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this information, you should consider the appropriateness of the information having regard to your own objectives, financial situation and needs and seek professional advice. Cryptotaxcalculator disclaims all and any guarantees, undertakings and warranties, expressed or implied, and is not liable for any loss or damage whatsoever (including human or computer error, negligent or otherwise, or incidental or Consequential Loss or damage) arising out of, or in connection with, any use or reliance on the information or advice in this website. The user must accept sole responsibility associated with the use of the material on this site, irrespective of the purpose for which such use or results are applied. The information in this website is no substitute for specialist advice.

Shane Brunette

CEO

Shane Brunette founded CTC back in 2018 after dealing with his own crypto tax nightmare. He has worked closely with accountants and tax lawyers to make it easy for fellow cryptocurrency users to be tax compliant.

Recommended Reads

Calculate Your Crypto Taxes Now!

CryptoTaxCalculator does the hard work so you don’t have to.

Copyright © 2021 CryptoTaxCalculator