Bter Taxes: How to Generate Your Crypto Tax Report
Bter was a Chinese cryptocurrency exchange that shut down following hacks in 2014 and 2015. Even though Bter is no longer operating, your historical trades are still taxable events you are responsible for declaring. CoinTracking imports your Bter CSV transaction history, calculates gains and losses, and generates a tax report ready for your tax authority or accountant.
How to Import Your Bter Transactions into CoinTracking
Watch how to upload your historical Bter transaction CSV into CoinTracking to generate your crypto tax report — even for a closed exchange.
Start Your Free Bter Import- Every crypto trade you made on Bter is a taxable disposal in most jurisdictions. Tax obligations do not disappear because an exchange has closed.
- Bter only supports CSV import in CoinTracking. Upload your historical Bter CSV file to calculate gains and losses across all tax years.
- Transfers between your own wallets are not taxable events. Buying and holding crypto is not a taxable event.
- Bter is a defunct exchange. Bter was hacked in 2014 and again in 2015 and subsequently ceased operations. It is no longer possible to log in, export data, or access your account. If you did not save a CSV export of your transaction history, you may need to reconstruct records from emails, blockchain explorers, or other sources.
Bter and Your Tax Obligations
Bter was a Chinese cryptocurrency exchange founded around 2013. It was one of the earlier crypto-to-crypto trading platforms, allowing users to trade Bitcoin and altcoins. Following a hack in February 2014 that resulted in approximately 7,170 BTC being stolen, and a second hack in August 2015 that led to the theft of about 51 million NXT coins, Bter progressively wound down its operations and eventually ceased trading entirely.
Despite the exchange being closed, all trades executed on Bter remain taxable events under the laws of most jurisdictions. Tax authorities can and do audit historical cryptocurrency transactions — particularly when users have declared gains from other exchanges but not from older platforms.
CoinTracking supports Bter via data import:
- Bter Trade History: copy your saved Bter trade history data and paste it directly into CoinTracking's Bter import page
- All historical crypto-to-crypto and crypto-to-fiat trades are supported
- CoinTracking calculates cost basis using FIFO and other accepted methods
- Missing transactions can be added manually to ensure a complete tax picture
Crypto Tax Basics: What Bter Users Need to Know
Tax rules for crypto vary across jurisdictions. These three principles apply broadly to Bter users, but always verify the specifics with your local tax authority or a qualified advisor.
Historical trades are still taxable
The closure of Bter does not eliminate your tax obligations. In most countries, every sale, swap or use of crypto is a taxable event — even if the exchange no longer exists. The taxable event occurs at the time of the trade, not when you file your return. If you traded on Bter in 2013, 2014 or 2015 and realised gains, those are generally still reportable.
Cost basis and holding periods still matter
To calculate your tax, you need to know the cost basis of every coin you sold — the price you paid when you bought it. For Bter trades, this comes from your CSV export. Holding period rules vary: Germany offers a 1-year tax-free exemption, while other countries tax gains regardless of how long you held.
Records are your responsibility
Bter never issued formal tax documents, and now that it is closed, there is no way to recover transaction data from the platform. If you have a CSV export you saved before the shutdown, that is your primary source of record. If you do not, you may need to reconstruct data from blockchain explorers, email confirmations, or third-party records. CoinTracking allows you to add transactions manually where CSV data is incomplete.
Bter Taxes by Country
Crypto tax rules differ by market. Below are the key rates, deadlines and filing forms for the countries where CoinTracking users most commonly need to report historical Bter trades.
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 Bter 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, BTC, 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 Bter
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your Bter Taxes
Your saved Bter trade history data contains your raw historical trades — but converting that into an accurate tax report requires calculating cost basis, holding periods and gains for every transaction, potentially across multiple tax years.
The core calculation is: take what you received (proceeds), subtract what you paid (cost basis), and the result is your taxable gain or loss. For older Bter trades, you may also need to determine historical crypto prices at the time of each trade, which CoinTracking sources automatically from its historical price database.
CoinTracking automates this across your full Bter history and produces a report your accountant or local tax authority will accept. If your records are incomplete, you can add missing transactions manually to build the most accurate picture possible.
How to Import Bter into CoinTracking
Three steps to upload your Bter 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 Bter in the import list
Type "Bter" in the search field. CoinTracking will show the Bter import option for CSV upload.
- 3
Paste your Bter transaction history
Select the Bter import option. Paste your saved Bter trade history data into the import box and click start import. CoinTracking will automatically parse and import your historical trades.
"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 Bter
Tax Report with CoinTracking
Three steps from your saved CSV to a tax report your accountant will accept.
Paste your Bter transaction history
Open the Bter import page in CoinTracking, paste your saved Bter trade history data into the import box and click start import. CoinTracking automatically parses and imports your historical trades.
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. Bter is a defunct exchange that ceased operations after a series of hacks in 2014 and 2015. It no longer provides any services, including tax reports. If you still have a CSV export of your historical Bter transactions, you can upload it to CoinTracking to generate a complete, jurisdiction-specific tax report.
If you saved your Bter trade history before the exchange shut down, you can import it into CoinTracking. Navigate to the Import section in CoinTracking, search for "Bter", and follow the instructions. CoinTracking's Bter importer accepts data copied from your trade history table — paste it directly into the import box and click start import. CoinTracking will automatically parse and map your historical Bter trades.
Yes. The fact that Bter has closed does not eliminate your tax obligations for trades executed on the platform. In most jurisdictions, crypto disposals are taxable events regardless of whether the exchange still operates. You are required to declare any gains realised on Bter in the tax year the trade occurred. Losses may also be deductible depending on your country.
If you did not save a CSV export before Bter shut down, recovering transaction data may be difficult. Check any emails you received from Bter confirming trades, or look through blockchain explorers for wallet addresses you used at the time. You can add transactions manually in CoinTracking if you have partial records. Consult a tax advisor if you have significant gaps in your records.
Possibly, but it depends on your jurisdiction. In some countries, cryptocurrency losses from exchange hacks or theft may be treated as capital losses or as theft losses, which can offset gains. The rules vary significantly: Germany generally does not allow theft losses as a deductible under § 23 EStG, while some other jurisdictions have more flexible provisions. Consult a qualified tax advisor to assess your specific situation.
CoinTracking supports tax reports for over 100 countries including Germany, Austria, Switzerland, the UK, the US, Australia, France, Spain, and more. Once you upload your Bter CSV, you can select your country and tax year and generate a report formatted for your local tax authority — including FIFO cost-basis calculations and jurisdiction-specific forms.
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