CoinNexus Taxes: How to Generate Your Crypto Tax Report
CoinNexus is a Swiss cryptocurrency exchange regulated under VQF. Whether you trade crypto/fiat or crypto/crypto, every disposal is a potential taxable event. CoinTracking connects to CoinNexus via API, imports your transaction history automatically, calculates gains, losses, and income, and generates a tax report ready for your tax authority or accountant.
How to Import Your CoinNexus Transactions into CoinTracking
Watch how to connect CoinNexus to CoinTracking via API to automatically import your transaction history and generate your crypto tax report.
Start Your Free CoinNexus Import- Every crypto trade and disposal on CoinNexus is a taxable event in most jurisdictions. Capital gains tax and income tax may both apply to your CoinNexus activity.
- CoinNexus supports API import into CoinTracking. Connect once and your trades are imported automatically — no manual CSV exports needed.
- Transfers between your own wallets are not taxable events. Buying and holding crypto is not a taxable event.
- Crypto tax is your responsibility. CoinNexus is a Swiss exchange operating under VQF supervision. Switzerland is not part of the EU. Regardless of where your exchange is based, tax authorities in virtually every country require you to report crypto gains, losses, and income. Non-disclosure can result in penalties, interest, and back-tax assessments.
CoinNexus and Your Tax Obligations
CoinNexus is a Swiss cryptocurrency exchange founded in 2020 and headquartered in Neuchâtel, Switzerland. It offers convenient crypto/fiat and crypto/crypto trading and is licensed as a financial institution under VQF, the Swiss self-regulatory organisation for financial service providers.
Because Switzerland operates outside the EU, CoinNexus is not subject to EU directives such as MiCA or the DAC8 automatic information exchange framework. However, all taxable transactions on CoinNexus remain reportable events in your country of residence — regardless of where the exchange is based.
CoinTracking supports CoinNexus via API import:
- CoinNexus API Import: connect once with your API Key and CoinTracking imports your trades automatically
- All crypto/fiat and crypto/crypto trades are included
- Average import duration is 1–2 minutes
- Note: deposits and withdrawals are not included in the API import per CoinNexus API limitations
Crypto Tax Basics: What CoinNexus Users Need to Know
Tax rules for crypto vary across jurisdictions. These three principles apply broadly to CoinNexus users — but always verify the specifics with your local tax authority or a qualified advisor.
Every disposal is a taxable event
In most countries, every sale, swap, or use of crypto as payment is a taxable event. Capital gains tax applies to the difference between what you paid (cost basis) and what you received at disposal. The exchange being based in Switzerland does not change your tax obligations in your country of residence.
Holding period and exemptions matter
Many jurisdictions offer tax relief based on how long you held crypto before selling. In Germany, gains are tax-free after one year. In Switzerland (for private investors), capital gains are generally not taxed. In the UK, there is an annual exempt amount. Always check the rules that apply to your specific situation — the country where you live, not where the exchange operates, governs your tax liability.
Records are your responsibility
CoinNexus does not issue formal tax documents. Your API import gives CoinTracking your raw trade 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 CoinNexus transaction you import.
CoinNexus 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 CoinNexus.
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 CoinNexus 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
- Staking rewards and income received
Not Taxable
- Buying and holding crypto
- Transferring crypto between your own wallets
- Depositing fiat to CoinNexus
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your CoinNexus Taxes
Your CoinNexus API import gives CoinTracking your raw trade history — but converting that into an accurate tax report requires calculating cost basis, holding periods, and gains for every transaction across your full trading history.
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. CoinTracking automates this across all your CoinNexus trades and produces a report your accountant or local tax authority will accept.
CoinTracking also handles multi-exchange portfolios — combining your CoinNexus trades with data from other exchanges and wallets for a complete, consolidated tax view.
How to Import CoinNexus into CoinTracking
Three steps to connect your CoinNexus account 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 CoinNexus in the import list
Type "CoinNexus" in the search field. CoinTracking will show the CoinNexus import option for API connection.
- 3
Enter your CoinNexus API Key and connect
In your CoinNexus account, navigate to API Access, create a new key, and enter it in CoinTracking. Click Connect & Import — your transaction history will be imported within 1–2 minutes.
"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 CoinNexus
Tax Report with CoinTracking
Three steps from API connection to a tax report your accountant will accept.
Connect your CoinNexus account via API
Create an API Key in your CoinNexus account under API Access, then enter it in CoinTracking. Your trades are imported automatically in 1–2 minutes — no manual exports needed.
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. CoinNexus does not generate a tax report for your local tax authority. You must calculate your gains, losses, and income from your CoinNexus transactions and report them yourself. CoinTracking connects to CoinNexus via API, imports your full transaction history automatically, and generates a complete, compliant tax report for your jurisdiction.
Log into your CoinNexus account, navigate to the API Access menu, and click Create New Key. Label the key and generate it. Then open CoinTracking, go to the Imports section, search for CoinNexus, and enter your API Key. CoinTracking will connect and import your transaction history automatically — average import duration is 1–2 minutes. Note that deposits and withdrawals are not included in the API import.
Yes. CoinNexus SA is a licensed financial institution under the supervision of VQF (Verein zur Qualitätssicherung von Finanzdienstleistungen), a Swiss self-regulatory organisation. Switzerland applies its own crypto regulations independently from the EU — Swiss exchanges are not subject to the EU's MiCA or DAC8 frameworks. Users still have full tax reporting obligations in their country of residence.
Yes. Every sale, swap, or disposal of cryptocurrency on CoinNexus is a taxable event in most jurisdictions, regardless of whether the exchange is based in Switzerland. 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 — for example, in Germany gains are tax-free if held longer than one year.
CoinNexus operates under Swiss financial regulation. Switzerland is not part of the EU and does not participate in the EU's DAC8 automatic information exchange framework. However, your country of residence may have its own reporting requirements or international agreements. Regardless of whether CoinNexus reports to your tax authority, you are personally responsible for declaring your crypto gains and income.
The CoinNexus API import to CoinTracking includes your trading transactions — buys, sells, and swaps. Note that deposits and withdrawals are not included in the API import per CoinNexus API limitations. CoinTracking imports all available trades automatically and calculates your cost basis, gains, losses, and income across your full history.
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