How to Report Your NiceHash Taxes

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

API import CSV file import

Supported transaction types

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

Tx TypeAPI importCSV file upload
Deposits
Withdrawals

Trades (spot)

Mining rewards

RECOMMENDED

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 NiceHash account to Coinpanda, follow these steps:

  1. Go to the NiceHash website and log in to your account
  2. Click the ‘Create New API Key’ button on the API page
    (https://www.nicehash.com/my/settings/keys)
  3. Enter a name in the ‘App Name’ field. For example ‘Coinpanda’
  4. Click first ‘Select None’ to deactivate all permissions, then activate only the following permissions:
    • ‘Wallet Permissions’ → ‘View balances, wallet activities and deposit addresses’
    • ‘Market place Permissions’ → ‘View hashpower orders’
    • ‘Exchange Permissions’ → ‘View exchange orders’
    • ‘Mining Permissions’ → ‘View mining data and statistics’
    • ‘User Management & Security Permissions’ → ‘View users’
  5. Make sure that the box ‘API Key never expires’ is ticked
  6. Click the ‘Generate API Key’ button
  7. Enter your 2FA code if asked
  8. Copy your ‘API Key Code’ and ‘API Secret Key Code’ to Coinpanda
  9. Tick off the box and click ‘Activate API key now’
  10. Enter the email verification code if asked and click ‘Activate’
  11. The final step is to copy the ‘Organization ID’ found above the list of API keys and save it to Coinpanda

You will need to copy the Organization ID exactly as shown on the API key page. Please see the screenshot below for where this key is located.

image 2

Upload a CSV file to Coinpanda

  1. Go to the Reports page.
    (https://www.nicehash.com/my/settings/reports)
  2. Click ‘New Report’.
  3. Select ‘Hashpower’ for transaction type, the currency you want to export transactions for, and a time period.
  4. Click ‘Create’ and download the report when ready.
  5. Repeat the previous step also for ‘Exchange’ if you want to export your trading history.
  6. Upload the CSV file(s) to Coinpanda.

Should you have any further questions, please contact support:

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