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How to Report Your Binance US Taxes

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

Supported transaction types

It is important that you import all transactions from Binance US to Coinpanda to calculate your taxes accurately. Coinpanda supports the following transaction types from Binance US today:

Tx TypeAPI importCSV file upload
Deposits
Withdrawals

Trades

Airdrops

Import trades automatically with API

We are only requesting view permissions. This does not give us access to your private keys nor the ability to move your funds.

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

  1. Go to the ‘API Management’ page by hovering over the user icon in the top header.
    (https://www.binance.us/en/usercenter/settings/api-management)
  2. Create a new API key by entering a label and clicking the ‘Create’ button.
  3. Enter your 2FA code if required, then check your email for the verification email sent.
  4. Click ‘Confirm API Key Creation’ in the email you received.
  5. Click ‘Edit restrictions’ and uncheck both ‘Enable Spot & Margin Trading’ and ‘Enable Withdrawals’ (only ‘Can Read’ should be checked).
  6. Remember to also check ‘Unrestricted’ for the IP access restrictions. Then click ‘Save’ to save the changes
  7. Copy your API Key and Secret Key to Coinpanda.​

Binance US API has certain limitations. Trades made with delisted coins can not be synced. If you have such trades, we recommend enabling the Skip entire history option and uploading your historical transactions with XLSX files instead.

Upload a XLSX file to Coinpanda

Trade transactions:

  1. Go to the Wallet page by hovering over ‘Wallet’ in the top header and click ‘Balance’.
    (https://www.binance.us/en/usercenter/wallet/balances)
  2. Click on the ‘Orders’ tab, and then on ‘Trade History’.
  3. Next, click on ‘Export complete trade history’.
  4. You can export a maximum of 3 months of trade history for each file. Make sure to export files that include trades for ALL years and months you have traded on Binance US.
  5. Click ‘Ok’ to download the XLSX file.
  6. Upload your XLSX file(s) to Coinpanda.

Deposits and withdrawals:

  1. Go to the Deposit & Withdrawal page by hovering over ‘Wallet’ in the top header and click ‘Deposit & Withdrawal History’.
    (https://www.binance.us/en/usercenter/wallet/money-log)
  2. Select the ‘Crypto’ tab.
  3. Click on ‘Export Deposit History’ to download the XLSX file.
  4. Next, select ‘Withdraw’ in the ‘Type’ dropdown and repeat the previous step for withdrawals by clicking ‘Export Withdrawal History’.
  5. Upload your XLSX file(s) to Coinpanda.

Should you have any further questions, please contact support:

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