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How to Report Your LocalBitcoins Taxes

Coinpanda has direct integration with LocalBitcoins to simplify tracking your trades and tax reporting. Calculate your taxes and generate all required tax reports and forms easily.

Supported transaction types

It is important that you import all transactions from LocalBitcoins to Coinpanda to calculate your taxes accurately. Coinpanda supports the following transaction types from LocalBitcoins today:

Tx TypeAPI importCSV file upload
Deposits
Withdrawals

Trades

Import trades automatically with API

We are only requesting view permissions. This does not give us access to your private keys nor the ability to move your funds.

To add your LocalBitcoins account to Coinpanda, follow these steps:

  1. Click the user icon in top-right corner, then ‘Settings’.
    (https://localbitcoins.com/settings/)
  2. Select the ‘Advanced’ tab.
  3. Click on ‘Manage Apps’ under the ‘Third-Party Applications’ section.
  4. Click on ‘New HMAC Authentication’.
  5. Type Coinpanda in the ‘Name’ field.
  6. Enable the ‘Read’ permission.
  7. Click ‘Create’.
  8. Under HMAC authentications you should see a new key with the name Coinpanda. Click on the name.
  9. Copy the API Key and API Secret to Coinpanda.

Upload a CSV file to Coinpanda

  1. Go to the ‘Personal Data’ page on LocalBitcoins.
    (https://localbitcoins.com/accounts/profile-edit/personal-data)
  2. Click on ‘Trade history’ to download the CSV file.
  3. Upload your CSV file to Coinpanda.

You should only export the Trade history file, and not Transactions history.

Should you have any further questions, please contact support:

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