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How to Report Your CoinEgg Taxes

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

API Import
CSV File Upload
Connect to CoinEgg

Supported transactions

To calculate your taxes accurately, you must import all transactions from CoinEgg to Coinpanda. Coinpanda supports the following transactions from CoinEgg today:

Tx TypeAPI importCSV file upload
TradesCheck solid greenCheck solid green
DepositsCheck solid greenCheck solid green
WithdrawalsCheck solid greenCheck solid green
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How to connect CoinEgg 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 CoinEgg account to Coinpanda with API:

  1. Open the API page on CoinEgg
    (https://www.coinegg.fun)
  2. Create a new API key
  3. Copy your API Key and API Secret to Coinpanda

CoinEgg API is currently in beta. Please contact us in the Live Chat if you have questions about this API integration. Note that beta integrations might not always sync properly.

How to connect CoinEgg with CSV

Follow these steps to export your transactions from CoinEgg:

  1. Log in to your account on CoinEgg
  2. Look for a page or button on CoinEgg 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

How are CoinEgg transactions taxed?

The exact tax implications on CoinEgg 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 CoinEgg.

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

How do I file my CoinEgg taxes?

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

Sign up free today to calculate your CoinEgg taxes

How do I troubleshoot the imported CoinEgg transactions to Coinpanda?

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

01
Forum

Find answers in our community forum

02
Email

Create a support ticket by email

03
Twitter / X

Ask or send us a message on Twitter

04
Discord

Chat with our support team on Discord

Frequently asked questions

Does CoinEgg provide tax documents?

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

How do I get CoinEgg tax documents?

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

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

No, CoinEgg 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 CoinEgg?

Yes, all transactions on CoinEgg 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 CoinEgg taxable?

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

How do I avoid paying taxes on CoinEgg?

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

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

Is CoinEgg safe?

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

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