BingX Taxes: How to File Your Crypto Tax Report
BingX does not withhold taxes or file reports on your behalf. Every trade and futures settlement is your responsibility. CoinTracking imports your full BingX transaction history via CSV, calculates gains and losses, and generates a tax report ready for your country.
- Every crypto trade on BingX is a taxable disposal in most EU countries. Capital gains tax applies when you sell or swap crypto.
- BingX supports CSV import in CoinTracking. Export your Transaction History and Order History files from https://bingx.com/transaction-history and upload them separately.
- Transfers between your own wallets are not taxable events. Buying crypto with fiat is not a taxable event.
- Fiat-to-crypto conversions and bank card crypto purchases are not included in the BingX export — add them manually in CoinTracking. Fees from Spot trades are not in the asset records file — import the spot trade file as well. Transaction history and order history files must be uploaded separately. Under DAC8, EU exchanges report user data to tax authorities from 2026.
BingX and Your Tax Obligations
BingX is a global cryptocurrency exchange offering spot trading, perpetual futures, copy trading and grid trading. It is popular among EU traders for its wide range of trading pairs and its copy trading features.
BingX does not withhold taxes or file reports on your behalf. You are responsible for tracking every transaction, calculating gains and losses, and declaring them to your national tax authority.
CoinTracking supports BingX via CSV file import. Export both your Transaction History and Order History files from BingX and upload them separately in CoinTracking. The platform handles the rest: cost basis calculation, gain/loss reporting and tax form generation.
Crypto Tax Basics: What EU Investors Need to Know
Tax rules for crypto vary across EU member states. These three principles apply broadly, but always verify the specifics with your local tax authority or a qualified advisor.
Trading crypto is a taxable disposal
In most EU countries, every sale or swap is a taxable event. Capital gains tax applies to the difference between what you paid (cost basis) and what you received (proceeds). Transfers between your own wallets do not trigger tax.
Not all BingX transactions are exported automatically
Fiat-to-crypto conversions and bank card crypto purchases do not appear in the standard BingX export files. If you used these features, you must add those transactions manually in CoinTracking. Fees from Spot trades are also absent from the asset records file — import the spot file to capture them.
Records are your responsibility
EU crypto exchanges are required under DAC8 to report transaction data to national tax authorities from 2026. Accurate records remain your responsibility regardless. CoinTracking maintains a complete, dated audit trail of every BingX transaction based on your CSV exports.
BingX 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 BingX.
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 €600/year are tax-free
- Cost basis: FIFO
- Authority: Finanzamt
- Forms: Anlage SO, Anlage KAP
United Kingdom
- Capital Gains Tax: 18% (basic rate) or 24% (higher rate) from October 2024
- Annual exempt amount: £3,000 (2024/25 onward)
- 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
- 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
- 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
- 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
- Futures/derivatives: Taxed at 35% flat rate or progressive income tax rates
- Authority: Autoridade Tributária (AT)
- Forms: Modelo 3, Anexo G or Anexo J
United States
- Short-term gains (held under 1 year): Ordinary income tax (10-37%)
- Long-term gains (held 1 year or longer): 0%, 15%, or 20% depending on income
- Cost basis: FIFO (default); specific identification permitted
- Authority: IRS
- Forms: Form 8949, Schedule D
France
- Flat 30% tax (PFU): Gains from crypto disposals are subject to the prelevement forfaitaire unique — 12.8% income tax + 17.2% social charges.
- No exemption for holding period: Unlike Germany, there is no tax-free threshold after 1 year.
- Authority: Direction generale des Finances publiques (DGFiP)
- Form: Formulaire 2086
Austria
- 27.5% capital gains tax: Since March 2022, crypto is taxed like shares — a flat 27.5% KeSt (Kapitalertragsteuer) applies to gains.
- Old coins grandfathered: Crypto acquired before 28 February 2021 is tax-free on disposal.
- Authority: Finanzamt Austria
- Forms: Einkommensteuererklarung (E1 / E1kv)
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 BingX Transactions Taxable?
In most EU countries, crypto is treated as an asset: disposing of it can trigger capital gains tax. Use this as a starting reference — exact rules vary by country.
Taxable Events
- Selling crypto for fiat (EUR, GBP, USD, etc.)
- Swapping crypto for crypto
- Closing futures or perpetual positions (PnL)
- Copy trading position settlements
- Airdrops received in exchange for an action
- Using crypto to pay for goods or services
Not Taxable
- Buying and holding crypto
- Transferring crypto between your own wallets
- Depositing fiat to BingX
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your BingX Taxes
BingX users often combine spot trading with perpetual futures and copy trading — each generating its own stream of taxable events. The core calculation is straightforward: take what you received (proceeds), subtract what you paid (cost basis, typically calculated with FIFO), and the result is your taxable gain or loss.
Because BingX exports Transaction History and Order History in separate files, both files need to be imported to give CoinTracking the complete picture. CoinTracking merges them and calculates gains and losses across all your BingX activity.
The result is a report your accountant or local tax authority will accept, covering spot trades, perpetual contracts and copy trading settlements.
How to Import BingX into CoinTracking
Three steps to export your BingX history and upload it to CoinTracking.
- 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 BingX
Type BingX in the search field and select BingX from the results.
- 3
Export your BingX history and upload
In BingX, navigate to the History section at https://bingx.com/transaction-history. Generate Excel files separately from the Transaction History tab and the Order History tab — select your time range and click Generate. In CoinTracking, select the correct time zone (GMT+08:00 Beijing / Hong Kong) and upload each file separately using the file picker. Note: fiat-to-crypto conversions and bank card purchases are not included in the export — add them manually. Also import the spot file to capture Spot trade fees.
"As a crypto tax professional, I recommend CoinTracking to all my clients. The import coverage and report accuracy make tax preparation significantly easier."
How to Create Your BingX
Tax Report with CoinTracking
Three steps from a fresh account to a tax report your accountant will accept.
Export and upload your BingX CSV files
In BingX, go to https://bingx.com/transaction-history. Generate Excel exports from both the Transaction History tab and the Order History tab. Upload each file separately in CoinTracking, selecting GMT+08:00 as the time zone.
Review and complete your transactions
Open Reports and Validate Transactions. CoinTracking flags missing cost basis entries, duplicate imports and any gaps. Add any fiat-to-crypto conversions or bank card purchases that were not included in the BingX export.
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.
In most EU countries, yes. Every crypto sale or swap on BingX is a taxable disposal. Capital gains tax applies on the difference between your cost basis and proceeds. Rates and annual exemptions vary by country.
From 2026, EU crypto exchanges are required under DAC8 to report user transaction data to national tax authorities. Outside the EU, BingX may share information under international information exchange agreements. Your transaction history is increasingly visible to authorities.
Log into BingX and navigate to the History section at https://bingx.com/transaction-history. Generate Excel files separately from the Transaction History tab and the Order History tab. Select your desired time range and click Generate. Then upload each file to CoinTracking separately under the BingX import.
Yes. Fiat-to-crypto conversions and crypto purchases made with a bank card are not included in the export files — you will need to add these transactions manually in CoinTracking. Additionally, fees from Spot trades are not included in the asset records file, so make sure to also import the spot trade file to capture them.
Currently, BingX only supports CSV file import in CoinTracking. There is no API connection option for BingX at this time. Download your Transaction History and Order History files from BingX and upload them in CoinTracking.
Yes. In most EU countries and in the US, realised losses from crypto can be offset against gains in the same tax year. Rules on carrying losses forward vary by country. CoinTracking calculates and reports both gains and losses automatically from your BingX CSV exports.
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