How to Report Your Xverse Taxes

What is Xverse?

Xverse is a Bitcoin wallet for managing BTC, STX, and Bitcoin-native assets such as Ordinals, Runes, and BRC-20s. Available as a mobile app and browser extension, it is commonly used to send and receive Bitcoin, collect or inscribe Ordinals, connect to Bitcoin dapps, and stack STX for BTC rewards. If Xverse is part of your crypto activity, you may need to report those transactions for tax purposes, and this guide explains how to do that with Coinpanda.

How to do your Xverse taxes

You can easily report your Xverse taxes by connecting Xverse 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 Xverse.

Supported transactions

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

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How to connect Xverse 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 Xverse account to Coinpanda with API:

Select the relevant cryptocurrency.
Paste your xPub address or public address.

How to connect Xverse with CSV

Follow these steps to export your transactions from Xverse:

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 Xverse transactions taxed?

The exact tax implications on Xverse 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 using Xverse.

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, in most cases, offset other gains.
Income tax: Earned cryptocurrency using Xverse, such as staking, interest, and airdrops, is typically seen as taxable income from a tax perspective and must be reported on your tax return.

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

How do I file my Xverse taxes?

First, you must calculate capital gains and income from all taxable transactions from Xverse. 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 using Xverse. 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 Xverse 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 2026, but you can also get help from a professional tax accountant to file taxes for you.

Calculate your Xverse taxes

How do I troubleshoot the imported Xverse transactions to Coinpanda?

While we strive every day to ensure the highest possible accuracy when importing transactions from Xverse 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 Xverse API
Updated CSV file format
Xverse 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 block explorer with the transactions imported into your Coinpanda account. See also our help article with an overview of known wallet 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 Xverse provide tax documents?

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

How do I get Xverse tax documents?

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

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

No, Xverse 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 for using Xverse?

Yes, all transactions using Xverse 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.

Is transferring to Xverse taxable?

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

How do I avoid paying taxes on Xverse?

It is impossible to avoid paying taxes completely for Xverse 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.