Resources/exchanges/CoinSpot Crypto Tax Guide

CoinSpot Crypto Tax Guide

CryptoTaxCalculator Partners With CoinSpot

CryptoTaxCalculator has partnered with leading Australian cryptocurrency exchange CoinSpot, offering seamless integration between the two products. Being one of the earliest fully featured trading platforms that facilitate crypto to crypto transactions, it exciting for us to offer complete support for CoinSpot users. It is now easier then ever for Australians to calculate their tax obligations.

There are two ways you can import your CoinSpot data into CryptoTaxCalculator. You can follow the steps below to import your CoinSpot CSV file or alternatively you can connect via the API to automatically sync your transaction history in the future.

How to import CoinSpot data into CryptoTaxCalculator

Upload via a CSV file

You can easily download a CSV file from CoinSpot and upload it into CryptoTaxCalculator. First log into CoinSpot and follow the below steps:

  1. In the top right corner click the ‘my account’ button to activate a dropdown menu

  2. From the menu select order history

    CoinSpot order history
    CoinSpot order history

  3. Download the buy/sell CSV

  4. You can also download the send/ receive CSV if you have transferred funds

Then signup to CryptoTaxCalculator:

  1. Once signed up navigate to the import page

  2. Select CoinSpot from the dropdown menu

  3. Upload the files you have downloaded previously

    ctc upload files
    ctc upload files

Upload via API keys

Once logged into your CoinSpot account follow the steps below to create and use an API to import data:

  1. In the top right corner click the ‘my account’ button to activate a dropdown menu

  2. From the menu select API

    CoinSpot API
    CoinSpot API

  3. If you haven’t already you will have to enable 2FA security (this will involve downloading a two-factor authentication app on your phone and following the steps Coinspot provide)

  4. To create a new API key generate key, give it a name and enter your 2FA code, you will get sent an email confirmation with a link to complete the process (make sure the API you create is read-only to protect your account)

    CoinSpot new API
    CoinSpot new API

  5. Record your API key and secret key somewhere secure (you can only see the secret key once)

Once you have generated your API key head over to CryptoTaxCalculator to complete the process:

  1. Once logged in navigate to the import data page

  2. Select CoinSpot from the dropdown menu

  3. Select the select autosync option and enter your API key and secret key

    CTC import API
    CTC import API

It could take a few minutes to upload the data but in the meantime, you can continue uploading any other transactions you have from different exchanges.

How to use a coupon code

To celebrate the partnership CryptoTaxCalculator is offering a discount to all CoinSpot users, the code should have been sent via email from CoinSpot so check your inbox.

Users can sign up to CryptoTaxCalculator for free but to view and download your tax report you will need to sign up for a subscription.

To use the discount code navigate to the report page and you will be prompted to sign up for a paid subscription. Click the buy now button and before entering your credit card information enter your coupon code.

Use a discount code
Use a discount code

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.

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