How to Report Your BingX Taxes | Tax Forms

What is BingX?

BingX is a centralized crypto exchange where users can trade spot markets, futures, and other crypto-based products from one account. It is especially associated with copy trading, including futures copy trading, and also offers tools such as trading bots for users who automate parts of their strategy. For tax reporting, BingX users may need a clear record of trades, transfers, and earned crypto, and this guide explains how to handle that with Coinpanda.

How to do your BingX taxes

You can easily report your BingX taxes by connecting your BingX 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 BingX.

Supported transactions

Coinpanda supports the most common transaction types from BingX. See the full overview below to confirm which transactions are supported before you connect your account.

How to connect BingX 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 BingX account to Coinpanda with API:

Hover over the user icon and click ‘API Management’
(https://bingx.com/en/accounts/api/)
Click ‘Create API’
Confirm creating the API keys
Copy the API Key and Secret Key to Coinpanda

Futures transactions cannot be imported from the API at this point.

How to connect BingX with CSV

Follow these steps to export your transactions from BingX:

Statements

Go to the ‘Generate Statements’ page
(https://bingx.com/en/transaction-history/)
Select a time range that includes your entire history
Keep all accounts checked
Keep ‘Excel’ selected as file type
Click ‘Generate’ and download the file when it’s ready
Upload the XLSX file(s) to Coinpanda

According to BingX, records are only available for up to one year. Some regions and risk-controlled users are only able to export 30 days of data.

If you have more questions or cannot export your entire history, please contact BingX support and request a complete historical export.

While the ‘Statements’ file is recommended, you can also upload other CSV or XLSX files exported from BingX. Below, we mention some of the most typical files you can export from your BingX account.

Spot trades

Go to the ‘Generate Trade History for Spot’ page
(https://bingx.com/en/transaction-history/?type=spot)
Select a time range that includes your entire history
Keep ‘Excel’ selected as file type
Click ‘Generate’ and download the file when it’s ready
Upload the XLSX file(s) to Coinpanda

Futures orders – Standard

Go to the ‘Generate Trade History for Standard Futures’ page
(https://bingx.com/en/transaction-history?type=contract)
Select a time range that includes your entire history
Keep ‘Excel’ selected as file type
Click ‘Generate’ and download the file when it’s ready
Upload the XLSX file(s) to Coinpanda

Futures orders – Perpetuals

Go to the ‘Generate Trade History for Perpetual Futures’ page
(https://bingx.com/en/transaction-history?type=swap)
Select a time range that includes your entire history
Keep ‘Excel’ selected as file type
Click ‘Generate’ and download the file when it’s ready
Upload the XLSX file(s) to Coinpanda

Does BingX provide tax documents?

Typically, exchanges don't provide finalized tax documents for their customers, and BingX 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 BingX transactions taxed?

The exact tax implications on BingX 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 BingX.

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 BingX, 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 BingX transactions are taxed in your country, we recommend reading our in-depth guides to cryptocurrency taxes.

How to file your BingX taxes

First, you must calculate capital gains and income from all taxable transactions on BingX. 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 BingX. 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 BingX 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 BingX taxes

How do I troubleshoot the imported BingX transactions to Coinpanda?

While we strive every day to ensure the highest possible accuracy when importing transactions from BingX 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 BingX API
Updated CSV file format
BingX 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 BingX 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.

Start Live Chat!

Other options for contacting support:

Forum

Find answers in our community forum

Create a support ticket by email

Twitter / X

Ask or send us a message on Twitter

Discord

Chat with our support team on Discord

Frequently asked questions

Can BingX calculate my taxes?

BingX 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 BingX your entire life, it could technically do so.

How do I get BingX tax documents?

The easiest way to get tax documents and reports is to connect your BingX account with Coinpanda, which will automatically import your transactions. After that, you can download complete tax reports for BingX.

Does BingX provide financial or end-of-year statements?

No, BingX 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 BingX?

Yes, all transactions on BingX 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 BingX taxable?

No, transferring cryptocurrency to BingX is not taxed as long as you transfer between your personal wallets or exchange accounts.

How do I avoid paying taxes on BingX?

It is impossible to avoid paying taxes completely on BingX legally if you live in a country that taxes cryptocurrency. However, there are several ways to reduce your taxes, such as tax-loss harvesting.