How to Report Your Lisk (Legacy) Taxes

What is Lisk (Legacy)?

Lisk (Legacy) refers to the previous Lisk Layer 1 blockchain used for LSK before the network moved to the current Lisk L2 setup in May 2024. Many users still have historical transactions from the legacy chain, including LSK transfers, staking-related activity, and migration-related records tied to older Lisk addresses. For tax reporting, Lisk (Legacy) users may need a clear record of those transactions, and this guide explains how to handle that with Coinpanda.

How to do your Lisk (Legacy) taxes

You can easily report your Lisk (Legacy) taxes by connecting your Lisk (Legacy) wallet address 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 Lisk (Legacy).

Supported transactions

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

Tx Type	API import
Deposits
Withdrawals

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How to connect Lisk (Legacy) 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.

Coinpanda will automatically sync all transactions from a Lisk (Legacy) public address you add. You will most likely find your public address after logging in to your Lisk (Legacy) wallet. Next, copy and paste the address into Coinpanda, and all transactions will be imported automatically!

Not sure how to find the public address of your wallet? We have written instruction articles for the most popular cryptocurrency wallets used today on our integration pages.

Remember that you must add all your wallet addresses to Coinpanda for your tax calculations to be accurate. This also includes wallet addresses you are not actively using anymore.

How to connect Lisk (Legacy) with CSV

Follow these steps to export your transactions from Lisk (Legacy):

You can also add transactions by uploading the Coinpanda generic file. We support both XLSX and CSV formats. Please follow the steps described in this guide.

How are Lisk (Legacy) transactions taxed?

The exact tax implications on Lisk (Legacy) transactions depend on which country you live in and the type of transactions you have made. However, in most countries, you must generally pay capital gains tax on all Lisk (Legacy) transactions except transfers between your own wallets.

To learn more about how Lisk (Legacy) transactions are taxed in your country, we recommend reading our in-depth guides to cryptocurrency taxes.

How do I file my Lisk (Legacy) taxes?

First, you must calculate capital gains from all taxable Lisk (Legacy) transactions. When this information is ready, you have everything you need to report capital gains in your annual tax return. However, the actual procedure for reporting crypto tax in the tax return might vary from country to country.

To calculate your capital gains, you must first export a complete history of all transactions made on the Lisk (Legacy) blockchain. 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 Lisk (Legacy) tax statements from Coinpanda, the last step is to report the capital gains 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 Lisk (Legacy) taxes

How do I troubleshoot the imported Lisk (Legacy) transactions to Coinpanda?

While we strive every day to ensure the highest possible accuracy when importing transactions from Lisk (Legacy) 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 Lisk (Legacy) API
Updated CSV file format
The Lisk (Legacy) API 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 any Lisk (Legacy) block explorer with the transactions imported into your Coinpanda account. See also our help article with an overview of known blockchain API limitations.

The quickest way to get help from our dedicated support team is to send a message in the Live Chat.

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Frequently asked questions

How do I get Lisk (Legacy) tax documents?

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

Do I have to pay taxes for Lisk (Legacy)?

Yes, all transactions on Lisk (Legacy) involving the disposal of a crypto asset are, in most cases, taxable. You must also pay income tax on earned crypto, such as staking, airdrops, or interest rewards.

Is sending Lisk (Legacy) taxable?

No, sending Lisk (Legacy) is not taxed as long as you transfer between your personal wallets or exchange accounts.

How do I avoid paying taxes for Lisk (Legacy)?

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