How to Report Your Bitbank Taxes

What is Bitbank?

Bitbank is a Japanese centralized crypto exchange where users can buy, sell, and trade crypto assets against Japanese yen. The platform supports spot order-book trading, simple broker-style purchases, margin trading, crypto withdrawals and deposits, and a lending feature for eligible assets. For tax reporting, Bitbank users may need a clear record of their trades, transfers, and earned crypto, and this guide explains how to handle that with Coinpanda.

How to do your Bitbank taxes

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

Supported transactions

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

How to connect Bitbank 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 Bitbank account to Coinpanda with API:

Hover over the user icon in the top right and select ‘API’
Click on ‘APIキーの発行‘ (API key issuance)
Enter a name for your API key (ex: Coinpanda)
Select ‘参照‘ (Read/Reference-only)
Enter your 2FA code and click ‘Confirm’
Copy the API key and Secret key to Coinpanda

The Bitbank API does not currently provide access to deposits and withdrawal history. Please upload a CSV file with your transfer history to ensure accurate tax calculations. You can also contact Bitbank customer support and ask if they plan to update their API in the future.

How to connect Bitbank with CSV

Follow these steps to export your transactions from Bitbank:

Hover over the user icon in the top right and select ‘履歴‘ (History)
Select ‘取引所　取引履歴‘ (Exchange transaction history)
Choose a currency-pair – ‘通貨ペア‘ – Repeat for each currency you have
Choose a date range and click on ‘CSVダウンロード‘ (CSV download)
Upload the CSV file(s) to Coinpanda

Does Bitbank provide tax documents?

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

The exact tax implications on Bitbank 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 Bitbank.

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

How to file your Bitbank taxes

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

How do I troubleshoot the imported Bitbank transactions to Coinpanda?

While we strive every day to ensure the highest possible accuracy when importing transactions from Bitbank 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 Bitbank API
Updated CSV file format
Bitbank 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 Bitbank 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 Bitbank calculate my taxes?

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

How do I get Bitbank tax documents?

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

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

No, Bitbank 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 Bitbank?

Yes, all transactions on Bitbank 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 Bitbank taxable?

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

How do I avoid paying taxes on Bitbank?

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