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"Use Binocs to make your Kucoin tax reporting easy. It imports your data and helps you create the right tax forms to submit."
KuCoin is a highly popular cryptocurrency exchange platform that was founded in 2017 by Michael Gan. It has quickly grown to become a leading platform for cryptocurrency trading, with over 6 million users across the world. With its highly intuitive user interface and wide range of features, KuCoin is a favorite for both experienced and novice traders.
KuCoin boasts an extensive range of cryptocurrencies available for trading, with over 400 tokens listed on the platform. This makes it one of the most diverse exchanges in the market, and a go-to for traders looking to invest in new and emerging tokens. The platform also offers competitive fees, high liquidity, and 24/7 customer support.
No, Kucoin does not issue tax documents. You can find transaction history or trading Reports. To calculate your crypto taxes, you can use your Kucoin transaction history and do the calculations yourself or utilize a crypto tax calculator.
Simplify your tax process with Kucoin and Binocs. Connect Kucoin 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 Kucoin in Binocs, you require a CSV or API key.
How to connect Kucoin to Binocs Via API?
To Connect with Kucoin, you require a pair of keys - an API key and a secret key. These keys allow our system to read your account history to generate portfolio and compute taxes.
How to create an Api key and Secret Key in Kucoin?
Note -
1. API keys are for read-only access.
2.Supported transaction types for this API connection are:(Deposits, Withdrawals, All Trades)
STEP 1: Log in to your KuCoin account.
STEP 2: Click on your profile icon in the top right corner of the screen.
STEP 3: Select "API Management" from the drop-down menu.
STEP 4: Click "Create API Key" in the top right corner of the screen.
STEP 5: In the "API Name" box, enter a name for your API key (E.g "Binocs").
STEP 6: In the "API Passphrase" box, create a passphrase.
STEP 7: Under "API Restrictions," select "General" for read-only access.
STEP 8: Under "IP Restriction," select “No.”
STEP 9: Select the period of validity for the API key. If you want the key to be permanent, select “Permanent.”
STEP 10: For security verification, enter your trading password, Email verification code, and two-factor authentication,and click on Confirm.
STEP 11: A link should be sent your Email to activate the API.Go to your mail and click on Activate API.
STEP 12: You will be presented with your “API and “Secret Key”.
STEP 13: Copy both the API and Secret Keys and paste them in the Binocs Application.
STEP 14: You don't need to store them anywhere as keys can be generated any number of times by following the same process.
Note that, you should not use the same pair of key and secret keys anywhere else as it may result in API errors in the application.
How to connect Kucoin to Binocs with CSV file?
Before uploading it to Binocs, you must first download a CSV file from Kucoin containing your complete trade history.These csv allow our system to read your account history to generate portfolio and compute taxes.
Note -
1. Please aggregate all CSVs for current and past years.
2. Only upload Kucoin 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 Types of csv’s for Kucoin in Binocs are:
5.Supported transaction types for Kucoin are:
STEP 1: Log in to your KuCoin account using your login credentials.
STEP 2: Click on the "Orders" button located in the top right corner of the screen.
STEP 3:From the drop-down menu, select "Spot Trade History".
STEP 4: On the "Trade History" page, select the desired customised time period (within 100 days) for which you would like to generate the CSV report.
STEP 5: Select "ALL" for Pair, Side, and Type, to include all trades in the report.
STEP 6: Click on the "CSV Download” button.
STEP 7: A pop-up window will appear to confirm the details of your report. Verify the information and click on "Confirm".
STEP 8: Once confirmed, a pop-up message will appear stating that the report is being exported and may take some time.
STEP 9: Wait for the report to be generated. You will receive a notification when it is ready.
STEP 10: Click on the notification to view the message that your report is ready.
STEP 11: Click on the report to see the option for Download.
STEP 12: Your CSV will look like this ,when you open the Kucoin CSV.
STEP 13: Save all the downloaded CSV files to your device for future reference.
STEP 14: To generate a Deposit & Withdrawal report, follow the same steps outlined above for the Spot Trade History.
No credit card required