"Use Binocs to make your Phemex tax reporting easy. It imports your data and helps you create the right tax forms to submit."
Phemex is a cryptocurrency exchange platform that was founded in 2013. It has become a leading cryptocurrency exchange in Europe, with over 2 million registered users worldwide. The platform offers users the ability to trade a wide range of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many more. Phemex has built a reputation for offering a safe, secure, and user-friendly trading experience, with competitive fees and a robust set of trading tools. With over 200 cryptocurrency pairs available for trading, Phemex is a popular choice for both beginner and advanced traders.
No, Phemex does not issue tax documents. You can find transaction history or trading Reports. To calculate your crypto taxes, you can use your Phemex transaction history and do the calculations yourself or utilize a crypto tax calculator.
Simplify your tax process with Phemex and Binocs. Connect Phemex 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 Phemex in Binocs, you require an API key.
STEP 1: Access your Phemex account and click on your profile icon located at the top right corner.
STEP 2: From the left-hand menu, select API management.
STEP 3: Create a new API key.
STEP 4: Choose the default API entry.
STEP 5: Assign a name to your API key, such as “Binocs tax”.
STEP 6: For IP address, select "don't bind."
STEP 7: For permissions, select "read-only."
STEP 8: Check your email for a verification code for your API key, then enter it.
STEP 9: Copy your API key and secret.
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 > Phemex
STEP 5: Click on the API key sync button to add the Phemex API key and secret.
No credit card required