Calculate your Binance US taxes automatically and download ready-to-file tax reports in minutes with no manual work required.
API Import
CSV File Upload
What is Binance US?
Binance US is a centralized cryptocurrency exchange for buying, selling, converting, trading, and staking crypto. The platform supports 190+ cryptocurrencies and offers USD services such as bank-transfer deposits and withdrawals, along with USD and USDT trading pairs for users who move between cash, stablecoins, and crypto. When Binance US is part of your crypto activity, you may need to report those transactions for tax purposes, and this guide explains how to do that with Coinpanda.
How to do your Binance US taxes
You can easily report your Binance US taxes by connecting your Binance US account to Coinpanda using the API or by uploading a CSV file. Coinpanda automatically imports your transactions, calculates your capital gains and income, and generates ready-to-file tax reports for Binance US.
Supported transactions
Coinpanda supports the most common transaction types from Binance US. See the full overview below to confirm which transactions are supported before you connect your account.
Tx Type
API import
CSV file upload
Trades
Deposits and withdrawals
Airdrops/Rewards/Distributions
Dust to BNB conversion
Fiat purchases
How to connect Binance US 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.
Follow these steps to add your Binance US account to Coinpanda with API:
Click on ‘Generate Reports’ under History & Tax Reports
Select ‘Tax’
Select ‘Yearly Report’
Select ‘Transaction Tax Report’ in the From Type dropdown
Select a year in the Year dropdown – Remember that you must export the history of all years of trading!
Select ‘CSV File’ and then click ‘Generate’
Upload your CSV file(s) to Coinpanda
Does Binance US provide tax documents?
Typically, exchanges don't provide finalized tax documents for their customers, and Binance US is no exception. It's hard for an exchange to build tax logic that serves customers across many jurisdictions. Hence, it's more practical for a customer to use a tax platform like Coinpanda.
How are Binance US transactions taxed?
The exact tax implications on Binance US transactions depend on which country you live in and the type of transactions you have made. In general, you must pay either capital gains tax or income tax on your cryptocurrency transactions on Binance US.
Capital gains tax: Whenever you sell a cryptocurrency for more than you purchased it for, you generate a capital gain. On the other hand, if you sell the cryptocurrency for less than you paid initially, you have a capital loss, which can, in most cases, offset other gains.
Income tax: Earned cryptocurrency on Binance US, such as staking, interest, bonuses, and referral rewards, is typically treated as taxable income and must be reported on your tax return.
To learn more about how Binance US transactions are taxed in your country, we recommend reading our in-depth guides to cryptocurrency taxes.
How to file your Binance US taxes
First, you must calculate capital gains and income from all taxable transactions on Binance US. When you have this information ready, you can report capital gains and income together with other forms of income, such as employment and dividends, in your annual tax return.
To calculate your capital gains, you must first export a complete history of all transactions made on Binance US. Once you have this data, you can calculate your capital gains or losses by determining the price at which you bought the cryptocurrency (your cost basis) and the price at which you sold it (your proceeds). Luckily, Coinpanda can help you with this and generate ready-to-file tax forms quickly and easily.
After downloading your Binance US tax statements from Coinpanda, the last step is to report the capital gains and income on your tax return before the deadline. Most countries allow you to self-declare taxes online in 2026, but you can also get help from a professional tax accountant to file taxes for you.
Calculate your Binance US taxes
Sign up for free today to calculate your Binance US taxes
How do I troubleshoot the imported Binance US transactions to Coinpanda?
While we strive every day to ensure the highest possible accuracy when importing transactions from Binance US to Coinpanda, it may happen that not all transactions are imported or that some data is imported incorrectly. Some reasons for this can be:
Changes in the Binance US API
Updated CSV file format
Binance US does not provide a complete record of all transactions
To get the best help from Coinpanda support, you must first identify which transactions are missing or incorrectly imported. To do this, we recommend comparing your transaction history on Binance US with the transactions imported into your Coinpanda account. See also our help article with an overview of known exchange API limitations.
The quickest way to get help from our dedicated support team is to send a message in the Live Chat.
Binance US cannot calculate your taxes since it does not have knowledge of your transactions made on other exchanges or platforms. However, if you have only interacted with crypto on Binance US your entire life, it could technically do so.
How do I get Binance US tax documents?
The easiest way to get tax documents and reports is to connect your Binance US account with Coinpanda, which will automatically import your transactions. After that, you can download complete tax reports for Binance US.
Does Binance US provide financial or end-of-year statements?
No, Binance US does not provide a complete financial or end-of-year statement for your crypto transactions. However, you can get this using a crypto tax calculator.
Do I have to pay taxes on Binance US?
Yes, all transactions on Binance US involving the disposal of a crypto asset are, in most cases, taxable. You must also pay income tax on earned crypto, such as staking, interest, or referral rewards.
Is transferring to Binance US taxable?
No, transferring cryptocurrency to Binance US is not taxed as long as you transfer between your personal wallets or exchange accounts.
How do I avoid paying taxes on Binance US?
It is impossible to avoid paying taxes completely on Binance US legally if you live in a country that taxes cryptocurrency. However, there are several ways to reduce your taxes, such as tax-loss harvesting.
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