How to Report Your Binance Cross Margin Taxes

Coinpanda has direct integration with Binance Cross Margin to simplify tracking your trades and tax reporting. Calculate your taxes and generate all required tax reports and forms easily.

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Import trades automatically with API

We are only requesting view permissions. This does not give us access to your private keys or the ability to move your funds.

To add your Binance Cross Margin account to Coinpanda, follow these steps:

  1. Go to the Binance API page by hovering over the user icon in the top header and then click ‘API Management’
  2. Click on ‘Create Tax Report API’
  3. Click ‘Get code’ to receive a verification code to your email address
  4. Enter the verification code and your 2FA code if required, then click ‘Submit’
  5. Copy the API Key and Secret Key to Coinpanda

Please note that Binance does not provide accurate data for all margin transactions. We encourage you to check and verify all imported transactions carefully to ensure that your tax report is as accurate as possible. Please contact us in the live chat if you believe one or more transactions are missing and/or imported incorrectly.

Secondly, calculating taxes for margin trading on Binance is not only very complex, but it is also not clarified from a legal or tax perspective how margin trading, including borrowing coins and repaying loans, should be reported and how it affects the tracking of cost basis. Due to these reasons, we do not guarantee that our interpretation of how to handle margin trading on Binance for tax purposes is, in fact, correct. If you are in doubt, we highly encourage you to contact a tax professional in your country for advice.

Upload a CSV file to Coinpanda

  1. Go to the Transaction History page by hovering over ‘Wallet’ in the top header and clicking ‘Transaction History’
  2. Click on ‘Generate all statements’ in the top-right corner
  3. Select a custom time period (max range is 12 months)
  4. Select ‘All’ for both Account and Coin, and uncheck ‘Hide transfer record’
  5. Click ‘Generate’ and download the file when ready
  6. Repeat the previous three steps until your entire trading history is covered
  7. Upload the CSV file(s) to Coinpanda

The ‘Statements’ CSV file can be uploaded to any Binance wallet on Coinpanda. Only the relevant transactions will be imported into each wallet, so you do not need to edit any files. Duplicate transactions will not be imported.

Should you have any further questions, please contact support:


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