Binance crypto tax report

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Import your Binance trades into Coinfig and generate a filing-ready crypto tax report. Read-only API, supports Spot, Convert and Earn.

  • API
  • CSV upload

How to connect Binance to Coinfig

  1. Open Binance API management

    Log in to Binance and go to Account → API Management.

  2. Create a new API key

    Create a System-generated key and complete the security verification.

  3. Restrict to read-only

    Enable only “Enable Reading”. Leave spot trading, futures and withdrawals disabled.

  4. Connect in Coinfig

    Paste the API Key and Secret into Coinfig and sync your Spot, Earn and conversion history.

Transaction types supported

Transaction typeSupportedNotes
Buys (fiat → crypto) Yes
Sells (crypto → fiat) Yes
Crypto-to-crypto trades Yes
Deposits / withdrawals Yes Matched as transfers, not disposals.
Trading fees Yes
Staking / rewards Yes Imported as income at receipt value.
Internal transfers Yes Auto-matched where both sides are connected.
Convert transactions Yes
Futures / derivatives PnL Yes Imported as gains/losses; review classification for SA tax.

Known limitations

  • Binance API history is limited per endpoint; large accounts may need supplementary CSV exports.
  • Some Launchpad and airdrop rewards require manual tagging.

Binance tax FAQ

Does Coinfig work with Binance for South African tax?
Yes. Coinfig imports your Binance history and classifies it for SARS, including conversions and Earn rewards.
Is my Binance API key safe with Coinfig?
Yes. Use a read-only key with only “Enable Reading” turned on. Coinfig can never trade or withdraw.
Does Binance report to SARS?
Binance is an offshore exchange and is not a SARS-registered local platform. However, SARS can request data and CARF expands cross-border sharing. You must still declare your Binance gains. This is not tax advice.
Can Coinfig handle Binance futures?
Coinfig imports futures PnL. Because the SA tax treatment of derivatives can vary, review these entries with the in-app classification tools.
What if my Binance history is incomplete?
For high-volume accounts, supplement the API sync with Binance’s CSV transaction exports to capture older records.