BloFin Taxes: How to Generate Your Crypto Tax Report
BloFin 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 BloFin 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 BloFin Transactions into CoinTracking
Watch how to export your transaction history from BloFin as a CSV file and import it into CoinTracking to generate your crypto tax report.
Start Your Free BloFin Import- Every crypto trade on BloFin is a taxable disposal in most jurisdictions. Capital gains tax applies when you sell, swap or spend crypto.
- Import your BloFin transaction history via CSV export. Log into BloFin, navigate to your transaction history, download the CSV file, and upload it to CoinTracking.
- Transfers between your own wallets are not taxable events. Buying and holding crypto is not a taxable event.
- Even though BloFin is a non-EU exchange, most jurisdictions now require self-reporting of crypto gains. Tax authorities in Germany, the UK, France, and many other countries are actively using blockchain analytics to identify unreported crypto income. You are responsible for declaring your BloFin gains regardless of whether your exchange reports to tax authorities.
BloFin and Your Tax Obligations
BloFin is a global cryptocurrency derivatives and spot trading exchange headquartered in Hong Kong. It offers a wide range of trading instruments including perpetual futures, options, and spot markets for hundreds of crypto assets.
As a non-EU exchange, BloFin is not subject to DAC8 reporting requirements. However, your personal tax obligations remain the same: every crypto disposal is a taxable event in most countries, and you must declare your gains to your local tax authority.
CoinTracking supports BloFin via CSV file upload:
- BloFin Transaction History CSV: downloaded from your BloFin account transaction history section
- Spot trading transactions are fully supported
- CoinTracking maps BloFin CSV columns automatically
- Add any missing transactions manually to ensure a complete tax picture
Crypto Tax Basics: What BloFin Users Need to Know
Tax rules for crypto vary across jurisdictions. These three principles apply broadly to BloFin 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.
Non-EU exchange — you are still responsible
BloFin is headquartered in Hong Kong and is not subject to EU financial regulations or DAC8 reporting obligations. This does not reduce your personal tax liability. Tax authorities in the UK, Germany, France, and many other countries now use blockchain analytics to identify crypto traders. Whether your exchange reports to tax authorities or not, you must self-declare all gains.
Records are your responsibility
BloFin 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 BloFin transaction you import.
BloFin 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 BloFin.
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 BloFin 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 BloFin
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your BloFin Taxes
BloFin'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 BloFin history and produces a report your accountant or local tax authority will accept.
How to Import BloFin into CoinTracking
Three steps to upload your BloFin 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 BloFin in the import list
Type "BloFin" in the search field. CoinTracking will show the BloFin import option for CSV upload.
- 3
Upload your BloFin transaction history
Log into BloFin, navigate to your transaction history, select your time period, download the CSV file, and upload it to CoinTracking.
"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 BloFin
Tax Report with CoinTracking
Three steps from CSV export to a tax report your accountant will accept.
Export your BloFin transaction history
Log into BloFin, navigate to your transaction history section, select your time period, and download the CSV file.
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. BloFin does not generate a tax report for users. It offers a transaction history export in CSV format from the account settings. You are responsible for converting that data into a jurisdiction-specific tax report. CoinTracking imports your BloFin CSV and generates a complete, compliant report for your country.
Log into your BloFin account, navigate to the account or transaction history section, select the time period you want to export, and download the CSV file. Then upload the CSV file directly into CoinTracking using the BloFin import option.
BloFin is a global cryptocurrency exchange headquartered in Hong Kong. It is not an EU-regulated exchange and is not subject to DAC8 reporting obligations. However, you remain personally responsible for declaring all crypto gains in your own country regardless of whether your exchange reports to tax authorities. Self-reporting requirements apply in most jurisdictions.
BloFin's primary supported import method for tax software is the CSV export from your transaction history. CoinTracking fully supports the BloFin CSV format, allowing you to import your complete trading history and generate your tax report.
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 a flat 27.5% rate, Portugal a 1-year exemption for holdings since 2023.
CoinTracking supports spot trading transactions from BloFin via CSV export. Derivatives and futures positions may require additional manual review. Once imported, CoinTracking calculates gains, losses, and holding periods automatically and generates a tax report formatted for your jurisdiction.
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