Do You Need to Pay Crypto Taxes?
More countries are taxing crypto gains. Binance provides a tax report tool to help. Download the Binance app.
Finding the Tool
Web: Account > Tax Report. Select time range, cost method (FIFO, LIFO, or weighted average), generate report, and download CSV.
Taxable Activities
Selling for profit, token-to-token swaps, airdrops, Launchpool rewards, Earn interest, futures profits.
Third-Party Tools
Koinly, CoinTracker, CoinLedger, TokenTax — connect via read-only API for comprehensive reports.
Chinese Users
China's crypto tax policy remains unclear, but keep complete records and monitor policy changes. Consult professionals for large gains.
Best Practices
Start recording early. Stay consistent with cost calculation methods. Include all transaction types. Retain raw data.