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Use Binocs to make your CoinSpot tax reporting easy. It imports your data and helps you create the right tax forms to submit.
CoinSpot is a popular Australian cryptocurrency exchange that was founded in 2013 by Russell Wilson. The platform allows users to buy, sell and trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, and Ripple. With over 1 million registered users, CoinSpot is one of the largest and most trusted cryptocurrency exchanges in Australia.
The exchange boasts a user-friendly interface, advanced security features, and competitive fees, making it an attractive option for both beginner and experienced traders. CoinSpot offers a range of payment methods, including POLi, BPAY, and cash deposits, making it easy for users to buy and sell cryptocurrencies in Australian dollars.
With more than 250 cryptocurrencies available for trading, CoinSpot offers one of the most extensive ranges of digital assets in the Australian market. Whether you are looking to buy, sell or trade cryptocurrencies, CoinSpot provides a reliable and secure platform for all your crypto needs.
No, CoinSpot does not issue tax documents. You can find transaction history or trading Reports. To calculate your crypto taxes, you can use your CoinSpot transaction history and do the calculations yourself or utilize a crypto tax calculator.
Simplify your tax process with CoinSpot and Binocs. Connect CoinSpot 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 Coinspot in Binocs, you require a CSV or API key.
How to connect CoinSpot to Binocs Via API?
On CoinSpot:
STEP 1: Go to your CoinSpot account and create a read-only API key.
STEP 2: The option to create the API key is generally in the account profile section in the top right corner.
STEP 3: Before creating the API key, you might have to enable 2-factor authentication (2FA).
STEP 4: Once you click on the 'Create API key', you will get the option to select the 'Read only' permission for the API. Please select only the 'Read only' option.
STEP 5: The API key will be saved with the same name. You can use 'Binocs Tax' or any other term of your choice.
STEP 6: Once the API key and secret are generated, please save the same in some doc that is privy to you.
STEP 7: Copy the API key and secret
On Binocs:
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 > CoinSpot
STEP 5: Click on the API key sync button to add the CoinSpot API key and secret.
How to upload CoinSpot CSV in Binocs?
On CoinSpot:
STEP 1: Log in to your CoinSpot account.
STEP 2: Click on your profile icon located in the top-right corner.
STEP 3: Select order history from the drop-down menu.
STEP 4: Download both the CSV files for sends/receives and buys/sells.
On Binocs:
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 > CoinSpot
STEP 5: Click on the Upload CSV button to add CoinSpot CSV.
No credit card required