You can generate your gains, losses, and income tax reports from your Crypto.com investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.
File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
You can generate your gains, losses, and income tax reports from your Crypto.com investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below.
File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
You can generate your gains, losses, and income tax reports from your Crypto.com investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:
Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
You can generate your gains, losses, and income tax reports from your Crypto.com investing activity by connecting your account with CoinLedger. There are a couple different ways to connect your account and import your data:
Both methods will enable you to import your transaction history and generate your necessary crypto tax forms in minutes. File these forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
You can generate your gains, losses, and income tax reports from your Crypto.com investing activity by connecting your account with CoinLedger. Connect your account by importing your data through the method discussed below:
File these crypto tax forms yourself, send them to your tax professional, or import them into your preferred tax filing software like TurboTax or TaxAct.
Cryptocurrencies like bitcoin are treated as property by many governments around the worldâincluding the U.S. Other forms of property that you may be familiar with include stocks, bonds, and real-estate.
Just like these other forms of property, cryptocurrencies are subject to capital gains and losses rules, and you need to report your gains, losses, and income generated from your crypto investments on your taxes.
For a complete and in-depth overview, please refer to our Complete Guide to Cryptocurrency Taxes.
To do your cryptocurrency taxes, you need to calculate your gains, losses, and income from your cryptocurrency investments in your home fiat currency (e.g. USÂ Dollar, Australian Dollar, etc.).
Once you have your calculations, you can fill out the necessary tax forms required by your country. If you are in the United States, you can learn which forms you need to fill out with our blog post: How to Report Cryptocurrency On Your Taxes.
Many cryptocurrency investors use additional exchanges, wallets, and platforms outside of Crypto.com. Perhaps you also trade on Coinbase or earn interest from BlockFi. The trouble with Crypto.com's reporting is that it only extends as far as the Crypto.com platform. If you use additional cryptocurrency wallets, exchanges, DeFi protocols, or other platforms outside of Crypto.com, Crypto.com can't provide complete gains, losses, and income tax information.
By integrating with all of your cryptocurrency platforms and consolidating your crypto data, CoinLedgerâs cryptocurrency tax software and crypto portfolio tracker are able to track your profits, losses, income, and generate accurate tax reports in a matter of minutes.
You can test out the software and generate a preview of your gains and losses completely for free by creating an account.
Learn more about how CoinLedger works here.
In this guide, weâll break down everything you need to know to file your Crypto.com taxes â including a 5-step process to help you report your crypto taxes in minutes!Â
Want to generate a Crypto.com tax report? Hereâs how CoinLedger can help you finish the process in 5 easy steps.Â
Step 1: Login to your Crypto.com account and click on Accounts button along the bottom bar. Then, click the âTransaction Historyâ icon on the top right of the screen.
Step 2: Click on the Export icon on the top right.Â
Step 3: Â Under Transaction, select CRYPTO WALLET, which contains all your fiat and card transactions. Select the earliest Start Date you have transactions for and an End Date which encompasses your full trading history. Then click on Export to CSV.
Step 4: Under Export History, click on the Download button to download the newly-created CSV file to your phone. Itâs recommended that you donât download the csv on your phone, but instead airdrop or email it so you can access it on desktop.Â
Step 5: In the CoinLedger platform, go to the âImportâ step. Go to the Crypto.com tab and upload your CSV file.Â
And thatâs it! Youâll then be able to create tax forms that include all of your Crypto.com transactions.Â
Crypto.com is a Singapore-based exchange founded in 2016 by Bobby Bao, Gary Or, Kris Marszalek, and Rafael Melo. The company received its first round of funding in an ICO in June 2017, when it raised more than $25 million.Â
In 2024, Crypto.comâs user base surpassed 100 million users.Â
To help you better understand how your Crypto.com transactions will be taxed, letâs review the basics of crypto taxes.Â
The IRS considers cryptocurrency a form of property that is subject to both income and capital gains tax. â
Income tax: When you earn cryptocurrency as income, youâll recognize ordinary income based on the fair market value of your crypto at the time of receipt. Examples include crypto interest and crypto staking rewards.Â
Capital gains tax: When you dispose of cryptocurrency, youâll incur capital gains or capital losses. Examples include selling your cryptocurrency or trading it for another cryptocurrency.Â
Crypto.com provides American customers with a Form 1099-MISC when they earn more than $600 in ordinary income from Crypto.com.Â
Crypto.com and other major exchanges will be required to issue Form 1099-DA to customers detailing capital gains and losses starting in 2026.Â
Itâs important to remember that tax forms from cryptocurrency exchanges can be inaccurate if youâve transferred crypto into or out of the exchange.Â
Consider the following example.Â
Jaime buys $2,000 of BTC on Exchange A.
He transfers his BTC to a cold wallet.
Jaime sells his BTC on Crypto.com for $2,500.
In this case, Crypto.com doesnât know Jaimeâs original cost basis for purchasing his BTC. As a result, his tax form might show his cost basis as ân/aâ. If Jaime hasnât kept records of his crypto transactions, he will be required to report his entire $2,500 sale as a capital gain.Â
If you find yourself in this situation, crypto tax software like CoinLedger can help. The platform can aggregate your crypto transactions across your wallets and exchanges and help you generate complete tax forms in minutes.Â
NFTs are considered crypto-assets and are taxed similarly to cryptocurrencies.Â
As a result, buying an NFT with cryptocurrency and selling an NFT are both considered taxable disposals subject to capital gains tax.Â
For more information, check out our guide to NFT taxes.Â
When you earn staking rewards, youâll recognize ordinary income based on the fair market value of your crypto at the time of receipt.
The Crypto.com debit card gives customers the ability to make everyday purchases with fiat currency or cryptocurrency stored on the Crypto.com platform.Â
When you convert your crypto to fiat to make a purchase, you will incur a capital gain or loss depending on how the price of your crypto has changed since you originally received it.Â
Many cryptocurrency investors use additional exchanges, wallets, and platforms outside of Crypto.com. If you use additional cryptocurrency wallets, exchanges, DeFi protocols, or other platforms, Crypto.com may be unable to provide complete gains, losses, and income tax information.
For example, consider a scenario where you buy Bitcoin on one exchange, then transfer it to Crypto.com.Â
In this case, Crypto.com would not know your cost basis for purchasing your Bitcoin since the transaction took place on a different platform. As a result, the platform may have trouble calculating your capital gain in the case of a future disposal.Â
Thatâs why we recommend using crypto tax software like CoinLedger. CoinLedger partners with Crypto.com and other exchanges to help investors report their crypto taxes in minutes.Â
Want to get started filing your Crypto.com taxes? Get started with CoinLedger â the platform trusted by more than 400,000 investors around the world.Â
Join 500,000 people instantly calculating their crypto taxes with CoinLedger.