BitMart Taxes: How to Generate Your Crypto Tax Report
BitMart does not create a tax report for you. Every crypto trade and disposal is a potential tax event you are responsible for declaring. CoinTracking imports your full BitMart transaction history via CSV export, calculates gains and losses, and generates a tax report ready for your tax authority or accountant.
How to Import Your BitMart Transactions into CoinTracking
Watch how to export your transaction history from BitMart as a CSV file and import it into CoinTracking to generate your crypto tax report.
Start Your Free BitMart Import- Every crypto trade on BitMart is a taxable disposal in most jurisdictions. Capital gains tax applies when you sell, swap or spend crypto.
- Export transaction history as CSV from your BitMart account and upload to CoinTracking. All spot and futures trades are supported.
- BitMart is registered in the Cayman Islands and is not subject to EU DAC8 reporting. You are still responsible for declaring all gains to your local tax authority.
- Transfers between your own wallets are not taxable events. Buying and holding crypto is not a taxable event.
BitMart and Your Tax Obligations
BitMart is a global cryptocurrency exchange founded in 2018, offering spot and futures trading for over 1,000 coins. Registered in the Cayman Islands, BitMart is not subject to EU financial regulations or the DAC8 directive.
BitMart does not offer a tax report. Your transaction history must be exported as a CSV file from your BitMart account and uploaded to CoinTracking.
CoinTracking supports BitMart via CSV file upload:
- BitMart Trade History CSV: downloaded from your BitMart account via the Orders or Trade History section
- Both spot and futures trades are supported
- CoinTracking maps BitMart CSV columns automatically
- All gains, losses and income from BitMart are included in your tax report
Crypto Tax Basics: What BitMart Users Need to Know
Tax rules for crypto vary across jurisdictions. These three principles apply broadly to BitMart users, but always verify the specifics with your local tax authority or a qualified advisor.
Trading crypto is a taxable disposal
In most countries, every sale, swap or use of crypto is a taxable event. Capital gains tax applies to the difference between what you paid (cost basis) and what you received. Transfers between your own wallets do not trigger tax. Buying and holding crypto is not a taxable event.
BitMart is not EU-regulated — DAC8 does not apply
BitMart is registered in the Cayman Islands and operates as a global exchange. It is not subject to the EU DAC8 directive, which requires EU-regulated crypto asset service providers (CASPs) to report user data to national tax authorities from 2026. However, this does not reduce your personal obligation to report all crypto gains to your own tax authority. Many countries independently require disclosure of foreign crypto holdings above certain thresholds.
Records are your responsibility
BitMart does not issue formal tax documents. The CSV export is a raw transaction history — not a tax report. Accurate records of every trade, date, cost and proceeds remain your responsibility. CoinTracking maintains a complete, dated audit trail of every BitMart transaction you import.
BitMart Taxes by Country
Crypto tax rules differ by market. Below are the key rates, deadlines and filing forms for the countries where CoinTracking users trade most actively on BitMart.
Germany
- Disposal tax: Personal income tax rate (up to 45%); gains are tax-free if held longer than 1 year (Haltefrist)
- Annual exemption: Gains up to €1,000/year are tax-free
- Staking income: Taxed as other income (Sonstige Einkünfte)
- Cost basis: FIFO per wallet
- Authority: Finanzamt
- Forms: Anlage SO, Anlage KAP
Austria
- 27.5% capital gains tax: Since March 2022, crypto is taxed like shares — a flat 27.5% KESt applies to gains.
- Old coins grandfathered: Crypto acquired before 28 February 2021 is tax-free on disposal.
- Staking and lending: Treated as capital income, also taxed at 27.5%.
- Authority: Finanzamt Austria. Report via Einkommensteuererklärung (E1 / E1kv).
Switzerland
- Capital gains: Generally tax-free for private investors (no capital gains tax on crypto disposals for non-professionals)
- Wealth tax: Crypto holdings are subject to wealth tax at cantonal rates based on year-end market value
- Income from crypto: Mining and staking rewards are taxed as income at progressive rates
- Authority: Cantonal tax authority (varies by canton)
United Kingdom
- Capital Gains Tax: 18% (basic rate) or 24% (higher rate) from October 2024
- Annual exempt amount: £3,000 (2024/25 onward)
- Staking income: Income Tax at marginal rate
- Cost basis: Section 104 pool (HMRC rules)
- Authority: HMRC
- Forms: Self Assessment SA100, SA108
Spain
- Savings income (IRPF): 19% up to €6,000; 21% up to €50,000; 23% up to €200,000; 27% up to €300,000; 28% above
- Foreign crypto disclosure: Modelo 721 required if portfolio exceeds €50,000 abroad
- Staking income: Taxed as savings income
- Authority: Agencia Tributaria (AEAT)
- Forms: Modelo 100 (IRPF), Modelo 721
Poland
- Flat rate: 19% on all crypto gains (no holding period exemption)
- Loss carryforward: Up to 5 years
- Staking income: Taxed as capital income at 19%
- Cost basis: FIFO
- Authority: Urząd Skarbowy
- Form: PIT-38
Italy
- Flat rate: 26% on gains exceeding €2,000/year (from 2023)
- Foreign holdings disclosure: Quadro RW required if portfolio exceeds €15,000
- Staking income: Taxed as capital income at 26%
- Authority: Agenzia delle Entrate
- Forms: Quadro RT (gains), Quadro RW (foreign holdings)
Portugal
- Disposal tax: 28% on gains from crypto held less than 1 year (from 2023)
- Long-term holding: Tax-free on disposal if held 1 year or longer
- Staking income: Taxed at 35% flat rate or progressive income tax rates
- Authority: Autoridade Tributária (AT)
- Forms: Modelo 3, Anexo G or Anexo J
France
- Flat 30% tax (PFU): Gains from crypto disposals are subject to the prélèvement forfaitaire unique (PFU) — 12.8% income tax + 17.2% social charges.
- No exemption for holding period: Unlike Germany, there is no tax-free threshold after 1 year.
- Staking income: Taxed as BNC (non-commercial income) if received regularly; otherwise as capital gains.
- Authority: Direction générale des Finances publiques (DGFiP). Declare via Formulaire 2086.
Tax rules change frequently. This overview is for general information only and does not constitute tax advice. Consult a qualified advisor for your specific situation.
Are BitMart Transactions Taxable?
In most jurisdictions, crypto is treated as an asset: disposing of it can trigger capital gains tax. Use this as a starting reference. The exact rules vary by country.
Taxable Events
- Selling crypto for fiat (EUR, USD, etc.)
- Swapping crypto for crypto
- Using crypto to pay for goods or services
- Receiving crypto as income or reward
Not Taxable
- Buying and holding crypto
- Transferring crypto between your own wallets
- Depositing fiat to BitMart
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your BitMart Taxes
BitMart's CSV export contains your raw trade history — but converting that into an accurate tax report requires calculating cost basis, holding periods and gains for every transaction.
The core calculation is straightforward: take what you received (proceeds), subtract what you paid (cost basis, calculated with FIFO), and the result is your taxable gain or loss. For German users, the 1-year holding period must also be tracked for each individual lot.
CoinTracking automates this across your full BitMart history and produces a report your accountant or local tax authority will accept. Both spot and futures trades from BitMart are included in the calculation.
How to Import BitMart into CoinTracking
Three steps to upload your BitMart transaction history and generate your tax report.
- 1
Log into CoinTracking and open Imports
After logging in, click the Import icon in the left navigation. This is where you connect all your exchanges, wallets and blockchains.
- 2
Search for BitMart in the import list
Type "BitMart" in the search field. CoinTracking will show the BitMart import option for CSV upload.
- 3
Upload your BitMart transaction history
Log into BitMart, go to the Orders or Trade History section, select your time period, download the CSV file, and upload it to CoinTracking. Both spot and futures trades are supported.
"CoinTracking can handle just about any complex transaction you can throw at it and the automation is a real lifesaver. Of all the tax software tools we've reviewed, CoinTracking is the most detail-oriented and has more accuracy checks in place than the competition."
How to Create Your BitMart
Tax Report with CoinTracking
Three steps from CSV export to a tax report your accountant will accept.
Export your BitMart transaction history
Log into BitMart, navigate to the Orders or Trade History section, select your time period, and download the CSV file. Both spot and futures trades are included.
Review your transactions
Open Reports → Validate Transactions. CoinTracking flags missing cost basis entries, duplicate imports and price gaps so your final report is accurate.
Generate and export your tax report
Select your country and tax year. CoinTracking generates a report formatted for your jurisdiction: PDF or Excel, ready to file or hand to your accountant.
No. BitMart does not generate a tax report for users. It offers a transaction history export in CSV format from your account. You are responsible for converting that data into a jurisdiction-specific tax report. CoinTracking imports your BitMart CSV and generates a complete, compliant report for your country.
Log into your BitMart account, navigate to the Orders or Trade History section, select the time period you want to export, and download the CSV file. Then upload the CSV file directly into CoinTracking. Both spot and futures trades are supported.
BitMart is registered in the Cayman Islands and operates as a global exchange. It is not subject to EU financial regulations or the DAC8 reporting directive. However, you remain fully responsible for declaring all crypto gains to your local tax authority, regardless of where the exchange is based.
No. DAC8 is an EU directive that requires EU-regulated crypto asset service providers (CASPs) to report user transaction data to national tax authorities. BitMart is registered in the Cayman Islands and is not subject to DAC8 obligations. This does not exempt you from your own tax reporting responsibilities in your country of residence.
In most countries, yes. Every sale, swap, or disposal of cryptocurrency is a taxable event. The gain or loss is the difference between your cost basis and the proceeds at the time of disposal. Tax-free thresholds and holding periods vary by country: Germany offers a 1-year exemption, Austria applies a flat 27.5% rate, and Portugal exempts gains on holdings held for over 1 year (from 2023).
Yes. CoinTracking supports BitMart spot and futures trades imported via CSV. After uploading your BitMart CSV, CoinTracking maps your transactions automatically and includes them in your capital gains calculations and tax report.
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