Coinpanda integrates directly with Bitcoin.de to simplify your tax reporting. Learn how to calculate your taxes and generate all required tax documents for Bitcoin.de quickly.
If you have been trading, staking, or earning crypto on Bitcoin.de, you must also calculate your taxes for all transactions. Coinpanda makes calculating crypto tax for Bitcoin.de quick and easy by following these steps:
Create a free account and connect Bitcoin.de to Coinpanda safely and securely
Next, Coinpanda will import all your trades, deposits, withdrawals, and rewards from Bitcoin.de
Wait for Coinpanda to automatically calculate capital gains and income for your Bitcoin.de transactions
Download your Bitcoin.de tax report
File your Bitcoin.de taxes before the deadline
Supported transactions
To calculate your taxes accurately, you must import all transactions from Bitcoin.de to Coinpanda. Coinpanda supports the following transactions from Bitcoin.de today:
Tx Type
API import
CSV file upload
Deposits
Withdrawals
Trades
Bonuses
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How to connect Bitcoin.de 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 Bitcoin.de account to Coinpanda with API:
Repeat the previous steps for all currencies you have traded
Upload the CSV file(s) to Coinpanda
How are Bitcoin.de transactions taxed?
The exact tax implications on Bitcoin.de 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 Bitcoin.de.
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 offset other gains in most cases.
Income tax: Earned cryptocurrency on Bitcoin.de, such as staking, interest, bonuses, and referral rewards, is typically seen as taxable income from a tax perspective and must be reported in your tax return.
To learn more about how Bitcoin.de transactions are taxed in your country, we recommend reading our in-depth guides to cryptocurrency taxes.
How do I file my Bitcoin.de taxes?
First, you must calculate capital gains and income from all taxable transactions on Bitcoin.de. 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 Bitcoin.de. 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 Bitcoin.de 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 2023, but you can also get help from a professional tax accountant to file taxes for you.
Calculate your Bitcoin.de taxes
Sign up free today to calculate your Bitcoin.de taxes
How do I troubleshoot the imported Bitcoin.de transactions to Coinpanda?
While we strive every day to ensure the highest possible accuracy for importing transactions from Bitcoin.de to Coinpanda, it can happen that either not all transactions are imported or that some data is imported incorrectly. Some reasons for this can be:
Changes in the Bitcoin.de API
Updated CSV file format
Bitcoin.de 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 Bitcoin.de 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.
No, Bitcoin.de does not provide complete and ready-to-file tax documents. This is because Bitcoin.de does not have knowledge of your transactions on other exchanges, platforms, or from your self-custody wallets.
How do I get Bitcoin.de tax documents?
The easiest way to get tax documents and reports is to connect your Bitcoin.de account with Coinpanda which will automatically import your transactions. After that, you can download complete tax reports for Bitcoin.de.
Does Bitcoin.de provide financial or end-of-year statements?
No, Bitcoin.de 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 Bitcoin.de?
Yes, all transactions on Bitcoin.de 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 Bitcoin.de taxable?
No, transferring cryptocurrency to Bitcoin.de is not taxed as long as you transfer between your personal wallets or exchange accounts.
How do I avoid paying taxes on Bitcoin.de?
It is impossible to avoid paying taxes completely on Bitcoin.de legally if you live in a country that taxes cryptocurrency. However, there are several ways you can reduce your taxes, such as tax loss harvesting.
Can Bitcoin.de calculate my taxes?
Bitcoin.de 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 Bitcoin.de your entire life, it could technically do so.
Is Bitcoin.de safe?
Bitcoin.de is generally considered to be a safe exchange. Although Bitcoin.de follows industry best practices for safety and to prevent malicious attacks, there is always a risk associated with keeping your crypto on centralized third-party exchanges including Bitcoin.de.
