"Use Binocs to make your Bitstamp tax reporting easy. It imports your data and helps you create the right tax forms to submit."
Bitstamp is a premier cryptocurrency exchange platform that offers users a secure, reliable, and user-friendly way to trade digital assets. Founded in 2011 by Nejc Kodrič and Damijan Merlak, Bitstamp has since become one of the largest exchanges in the world, boasting over 4 million registered users and a trading volume of over $1 billion daily. Bitstamp supports a wide variety of cryptocurrencies, including Bitcoin, Ethereum, and Ripple, making it an attractive option for traders looking to diversify their portfolios. With a commitment to transparency and security, Bitstamp has established itself as a trusted and reliable exchange for both novice and experienced traders alike.
No, Bitstamp does not issue tax documents. You can find transaction history or trading Reports. To calculate your crypto taxes, you can use your Bitstamp transaction history and do the calculations yourself or utilize a crypto tax calculator.
Simplify your tax process with Bitstamp and Binocs. Connect Bitstamp to Binocs by importing your transaction history via API integration or uploading a CSV file. Binocs will quickly calculate your taxes, generate a comprehensive report, and have you ready to file with the Tax department. Enjoy a stress-free tax season with the ultimate crypto tax tool.
To Connect Bitstamp in Binocs, you require a CSV or API key.
STEP 1: Go to your Bitstamp account.
STEP 2: The option to create the API key is generally in the profile section of the account in the top right corner.
STEP 3: Select “settings” from the drop-down menu.
STEP 4: Select API access from the left navigation bar.
STEP 5: Click on the “New API key” in the top right corner.
STEP 6: Before you can create the API key, you might have to enable 2-factor authentication (2FA).
STEP 7: Once the API key and secret are generated. Copy it.
STEP 1: Visit https://app.binocs.co/login to log in or signup on to the Binocs app
STEP 2: Users can log in with their user credentials or choose the option Login with Google (Log in with google can also help you Sign up)
STEP 3: Once you sign in, the interface will direct you to > Connect my account
STEP 4: Search from the list available and select > Bitstamp
STEP 5: Click on the API key sync button to add the Bitstamp API key and secret.
No credit card required