Binance.US has made it easier for customers to prepare for tax-filing season. If you use a third-party cryptocurrency tax reporting platform to create ready-to-file tax forms, learn how to generate your Tax API Key and connect your Binance.US account to your tax reporting platform of choice.
Always remember that your Tax API Keys should only be shared with third-party platforms you trust, as these platforms will have read-only access to your Binance.US transaction history.
How to Generate Your Tax API Key via Web Browser
How to Generate Your Tax API Key via Web Browser
Note: Our Tax API Key is compatible with a wide range of third-party cryptocurrency tax reporting platforms.
Binance.US does not endorse any single tax and accounting or portfolio tracking platforms. Please conduct your own research to determine which platform works best for your specific needs.
1. Log in to Binance.US. On the top navigation bar, move your cursor over your username and click Export Reports in the dropdown menu
2. Carefully review the onscreen information and click Generate Tax API.
Note: By clicking Generate Tax API, you are granting Binance.US permission to share your transaction history on a read-only basis with your tax reporting platform of choice
3. Enter your two-step verification code to proceed, or secure your account with two-factor authentication
4. You will receive a confirmation email with additional information on how to set up your Tax API Key
5. Check your inbox and carefully review the information onscreen. Click Confirm API Key Creation to generate your Tax API Key
6. Your Tax Key and Secret Key will appear on-screen as alphanumeric strings. Click Copy to copy your Tax Key
Note: For security purposes, your Secret Key will only be shown on this screen, so record the alphanumeric string in a secure location before proceeding to the next step.
7. Click Done to return to the Tax Statements page, where you can create, manage, and delete your Tax API Keys
How to Generate Your Tax API Key on the Mobile App
How to Generate Your Tax API Key on the Mobile App
1. Open the Binance.US app and tap the User Profile icon in the top right corner of the home page
2. Scroll down and tap Export Reports
3. Under Generate Reports & Tax API, tap Tax API
4. Carefully review the on-screen information, then tap Generate Tax API
5. Enter your two-step verification code to proceed, or secure your account with two-factor authentication
6. You will receive a confirmation email with additional information on how to set up your Tax API Key
7. Check your inbox and carefully review the information onscreen. Click Confirm API Key Creation to generate your Tax API Key
8. Your Tax Key and Secret Key will appear on-screen as alphanumeric strings. Click Copy to copy your Tax Key
Note: For security purposes, your Secret Key will only be shown on this screen, so record the alphanumeric string in a secure location before proceeding to the next step.
How do I know what is taxable? How do I calculate gains and losses?
How do I know what is taxable? How do I calculate gains and losses?
For additional information on cryptocurrency taxes, including downloadable links to relevant cryptocurrency tax forms, visit our Cryptocurrency Tax Reporting 101 portal.