Use Binocs to make your Coinswitch tax reporting easy. It imports your data and helps you create the right tax forms to submit.
CoinSwitch is a popular cryptocurrency exchange aggregator and trading platform that allows users to compare and trade cryptocurrencies across multiple exchanges with ease. It was founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, with the goal of making it easier for people to buy and sell cryptocurrencies.
CoinSwitch supports over 80 cryptocurrencies and allows users to trade them with 45,000 trading pairs across more than 10 major exchanges. The platform offers a simple and intuitive interface, which makes it easy for both beginners and experienced traders to navigate and use.
You can easily use your Coinswitch transaction history to calculate your cryptocurrency taxes in Binocs. Just connect the CSV file from Coinswitch with Binocs, and you're good to go!
Your CoinSwitch transactions are subject to two types of taxes:
Stay informed with our India Crypto Tax Guide.
No, Coinswitch does not issue tax documents. You can find TDS information in your order details or Trading Report. To calculate your crypto taxes, you can either use your WazirX transaction history and do the calculations yourself or utilize a crypto tax calculator.
Before uploading it to Binocs, you must first download a CSV file from Coinswitch containing your complete trade history.These csv allow our system to read your account history to generate portfolio and compute taxes.
1. Please upload all CSVs for current and past years.
2.Only upload Coinswitch CSVs for this exchange.
3. Please ensure that for incremental transactions, data is added only after the last transaction date and with the same account label.
4.Supported transaction types in Coinswitch are : Buy, Sell
How to download and export your transaction history CSV file from Coinswitch?
STEP 1: Log in to your Coinswitch account using your login credentials.
STEP 2: Click on the profile icon located at the top right corner of the screen.
STEP 3: From the drop-down menu, select “Reports.”
STEP 4: Select "Account Reports" from the available options.
STEP 5: Choose the date range for which you need to download the report. You can choose from options like financial year or custom date.
STEP 6: Once you have selected the desired date range, click on “Get Email.”
STEP 7: A pop-up message will appear on the screen, informing you that your Coinswitch CSV report has been shared with your registered email address.
STEP 8: Go to your email inbox and download the Coinswitch CSV file attachment.
STEP 9: Your downloaded CSV file will contain detailed information about your Coinswitch transactions and will be presented in a tabular format.
STEP 10: Save all the downloaded CSV files to your device for future reference.
No credit card required