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How to Report Your Trijo Taxes

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

CSV File Upload
Connect to Trijo

Supported transactions

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

Tx TypeAPI importCSV file upload
DepositsXmark solid redCheck solid green
WithdrawalsXmark solid redCheck solid green
TradesXmark solid redCheck solid green

How to connect Trijo with API

Trijo does not support API connection at the moment. Please upload a CSV file with your transactions instead.

How to connect Trijo with CSV

Follow these steps to export your transactions from Trijo:

  1. Log in to your account on Trijo
  2. Look for a page or button on Trijo 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 Trijo transactions taxed?

The exact tax implications on Trijo 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 Trijo.

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

How do I file my Trijo taxes?

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

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How do I troubleshoot the imported Trijo transactions to Coinpanda?

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

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Frequently asked questions

Does Trijo provide tax documents?

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

How do I get Trijo tax documents?

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

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

No, Trijo 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 Trijo?

Yes, all transactions on Trijo 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 Trijo taxable?

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

How do I avoid paying taxes on Trijo?

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

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

Is Trijo safe?

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

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