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How to Report Your BitGate Taxes

Coinpanda integrates directly with BitGate to simplify your tax reporting. Learn how to calculate your taxes and generate all required tax documents for BitGate quickly.

CSV File Upload
Connect to BitGate

How to connect BitGate with API

BitGate does not support API connection at the moment. Please upload a CSV file with your transactions instead.

How to connect BitGate with CSV

Follow these steps to export your transactions from BitGate:

  1. Log in to your account on BitGate
  2. Look for a page or button on BitGate to export a CSV file containing your transaction data
  3. Remember to export files for all your transactions:
    • deposits
    • withdrawals
    • trade history
    • interest payments
    • staking rewards
  4. Upload the CSV file(s) to Coinpanda

File upload from BitGate is currently in beta which means that your file might not always import correctly. Please get in touch with us in the live chat if you have any questions.

How are BitGate transactions taxed?

The exact tax implications on BitGate 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 BitGate.

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

How do I file my BitGate taxes?

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

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How do I troubleshoot the imported BitGate transactions to Coinpanda?

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

Other options for contacting support:


Find answers in our community forum


Create a support ticket by email

Twitter / X

Ask or send us a message on Twitter


Chat with our support team on Discord

Frequently asked questions

Does BitGate provide tax documents?

No, BitGate does not provide complete and ready-to-file tax documents. This is because BitGate does not have knowledge of your transactions on other exchanges, platforms, or from your self-custody wallets.

How do I get BitGate tax documents?

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

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

No, BitGate 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 BitGate?

Yes, all transactions on BitGate 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 BitGate taxable?

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

How do I avoid paying taxes on BitGate?

It is impossible to avoid paying taxes completely on BitGate 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 BitGate calculate my taxes?

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

Is BitGate safe?

BitGate is generally considered to be a safe exchange. Although BitGate 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 BitGate.

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