Resources/Integrations/Preparing your ProBit Taxes

Preparing your ProBit Taxes

Last Updated: a year ago

Crypto Tax Calculator allows you to calculate your taxes arising from any trading activity on ProBit. You can import your trading data via API keys. You can then easily calculate your financial year's short and long-term gains using various in-app inventory methods.

Import via API Keys

  1. Log into your Probit account

  2. On the top right of the navbar hover over 'My Page' and click on 'API Management' from the dropdown (https://www.probit.com/en-us/user-center/api-management/api-credential)

  3. Make sure the 'API Management' tab is highlighted, and enter 'Crypto Tax Calculator' as the 'API Key Label' and click 'Create new key'

  4. You will be prompted to provide some additional authentication

    ProBit API
    ProBit API

  5. Copy/save the 'Client ID' and 'Clients Secret Key' somewhere secure

  6. Once authenticated you MUST edit the API key permissions - click on the 'Edit' button and then uncheck the 'Trading' checkbox and then click 'Edit Complete'

  7. IMPORTANT: Make sure the only checkbox that is checked is 'Read(Default)'

  8. Enter the 'Client ID' as the API Key and 'Clients Secret Key' as the Secret here into Crypto Tax Calculator

Wrapping Up

That's it, using API keys you can upload your transactions from ProBit to calculate your taxes using Crypto Tax Calculator. If you find that you are missing some transactions you can upload these transactions manually using our Simple or Advanced manual CSV import.

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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