Calculate your BitMEX taxes automatically and download ready-to-file tax reports in minutes with no manual work required.
API Import
CSV File Upload
What is BitMEX?
BitMEX is a centralized crypto exchange focused on derivatives trading, especially perpetual swaps and futures on assets such as Bitcoin, Ethereum, and other crypto markets. Many users trade with margin on BitMEX, while the platform also includes spot markets for buying and selling crypto directly. For tax reporting, BitMEX users may need a clear record of their trades, transfers, and other transactions, and this guide explains how to handle that with Coinpanda.
How to do your BitMEX taxes
You can easily report your BitMEX taxes by connecting your BitMEX 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 BitMEX.
Supported transactions
Coinpanda supports the most common transaction types from BitMEX. See the full overview below to confirm which transactions are supported before you connect your account.
Tx Type
API import
CSV file upload
Deposits
Withdrawals
Spot trades
Spot conversions
BitMEX EARN
Realized PnL
BTC and USDT settlements
How to connect BitMEX 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 BitMEX account to Coinpanda with API:
Give your key a name, leave ‘CIDR’ and ‘Key Permissions’ blank, and ‘Withdraw’ unchecked
Click ‘Create API Key’
Copy the ‘ID’ and ‘Secret’ to Coinpanda
Only KYC verified accounts can access the BitMEX API. This means you will see an error message after syncing with API if you are not KYC verified. Please check the KYC status of your BitMEX account if the API sync is not successful before contacting Coinpanda support if you experience issues.
How to connect BitMEX with CSV
Follow these steps to export your transactions from BitMEX:
Keep ‘All’ selected for currency and click ‘Save as CSV’
Upload your CSV file to Coinpanda
Please note that you should NOT download CSV files from the ‘Trade History’ or ‘Order History’ tab. These files are not supported and cannot be uploaded.
Does BitMEX provide tax documents?
Typically, exchanges don't provide finalized tax documents for their customers, and BitMEX 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 BitMEX transactions taxed?
The exact tax implications on BitMEX 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 BitMEX.
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 BitMEX, 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 BitMEX transactions are taxed in your country, we recommend reading our in-depth guides to cryptocurrency taxes.
How to file your BitMEX taxes
First, you must calculate capital gains and income from all taxable transactions on BitMEX. 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 BitMEX. 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 BitMEX 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 BitMEX taxes
Sign up for free today to calculate your BitMEX taxes
How do I troubleshoot the imported BitMEX transactions to Coinpanda?
While we strive every day to ensure the highest possible accuracy when importing transactions from BitMEX 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 BitMEX API
Updated CSV file format
BitMEX 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 BitMEX 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.
BitMEX 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 BitMEX your entire life, it could technically do so.
How do I get BitMEX tax documents?
The easiest way to get tax documents and reports is to connect your BitMEX account with Coinpanda, which will automatically import your transactions. After that, you can download complete tax reports for BitMEX.
Does BitMEX provide financial or end-of-year statements?
No, BitMEX 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 BitMEX?
Yes, all transactions on BitMEX 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 BitMEX taxable?
No, transferring cryptocurrency to BitMEX is not taxed as long as you transfer between your personal wallets or exchange accounts.
How do I avoid paying taxes on BitMEX?
It is impossible to avoid paying taxes completely on BitMEX legally if you live in a country that taxes cryptocurrency. However, there are several ways to reduce your taxes, such as tax-loss harvesting.
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