Bittrex Taxes: How to Generate Your Crypto Tax Report
Bittrex closed in March 2023, but your tax obligations for past trades remain. CoinTracking imports your historical Bittrex transaction data via CSV export, calculates gains and losses, and generates a compliant tax report ready for your tax authority or accountant.
How to Import Your Bittrex Transactions into CoinTracking
Watch how to upload your Bittrex historical transaction data as a CSV file into CoinTracking to generate your crypto tax report for past trades.
Start Your Free Bittrex Import- Bittrex closed in March 2023, but your tax obligations for all historical trades remain. Every crypto sale, swap or disposal you made on Bittrex is a taxable event in most jurisdictions.
- CoinTracking supports historical Bittrex imports via CSV. Upload your Bittrex transaction history CSV to calculate taxes on all past trades.
- Transfers between your own wallets are not taxable events. Buying and holding crypto is not a taxable event.
- Bittrex was a US-based exchange — EU DAC8 reporting rules do not apply. However, US taxpayers must still report all crypto gains and losses to the IRS regardless of the exchange used.
Bittrex and Your Tax Obligations
Bittrex was a US-based cryptocurrency exchange that operated from 2014 until March 2023, when it ceased operations due to regulatory pressures and market conditions. Despite the exchange closing, your tax obligations for all trades made during its operation remain fully in effect.
Former Bittrex users can still import their historical transaction data into CoinTracking via CSV export to calculate taxes owed on past trades. This is essential for anyone who traded on Bittrex and needs to file accurate tax returns for prior years.
CoinTracking supports Bittrex via CSV file upload:
- Bittrex Transaction History CSV: exported from your Bittrex account before closure or retrieved through bankruptcy claims
- All crypto buy, sell, deposit and withdrawal transactions are supported
- CoinTracking maps Bittrex CSV columns automatically
- Historical price data is applied automatically for accurate gain/loss calculations
Crypto Tax Basics: What Former Bittrex Users Need to Know
Even though Bittrex has closed, your tax obligations for all historical trades remain. These three principles apply broadly to former Bittrex users, but always verify the specifics with your local tax authority or a qualified advisor.
Past trades are still taxable events
In most countries, every sale, swap or use of crypto is a taxable event — regardless of whether the exchange you used is still operating. Capital gains tax applies to the difference between what you paid (cost basis) and what you received. You may need to file amended returns for prior years if Bittrex trades were not declared.
Bittrex is a US exchange — different reporting rules apply
As a US-based exchange, Bittrex is not subject to the EU DAC8 directive. However, US taxpayers are required to report all crypto gains and losses to the IRS, and many other tax authorities globally have equivalent requirements. Former Bittrex users should ensure all historical trades from the exchange are included in their tax filings.
Records are your responsibility
Bittrex did not issue formal tax documents. Your CSV export is a raw transaction history — not a tax report. Accurate records of every trade, date, cost and proceeds remain your responsibility. CoinTracking maintains a complete, dated audit trail of every Bittrex transaction you import.
Bittrex Taxes by Country
Crypto tax rules differ by market. Below are the key rates, deadlines and filing forms for the countries where CoinTracking users most commonly need to report historical Bittrex trades.
Germany
- Disposal tax: Personal income tax rate (up to 45%); gains are tax-free if held longer than 1 year (Haltefrist)
- Annual exemption: Gains up to €1,000/year are tax-free
- Staking income: Taxed as other income (Sonstige Einkünfte)
- Cost basis: FIFO per wallet
- Authority: Finanzamt
- Forms: Anlage SO, Anlage KAP
Austria
- 27.5% capital gains tax: Since March 2022, crypto is taxed like shares — a flat 27.5% KESt applies to gains.
- Old coins grandfathered: Crypto acquired before 28 February 2021 is tax-free on disposal.
- Staking and lending: Treated as capital income, also taxed at 27.5%.
- Authority: Finanzamt Austria. Report via Einkommensteuererklärung (E1 / E1kv).
Switzerland
- Capital gains: Generally tax-free for private investors (no capital gains tax on crypto disposals for non-professionals)
- Wealth tax: Crypto holdings are subject to wealth tax at cantonal rates based on year-end market value
- Income from crypto: Mining and staking rewards are taxed as income at progressive rates
- Authority: Cantonal tax authority (varies by canton)
United Kingdom
- Capital Gains Tax: 18% (basic rate) or 24% (higher rate) from October 2024
- Annual exempt amount: £3,000 (2024/25 onward)
- Staking income: Income Tax at marginal rate
- Cost basis: Section 104 pool (HMRC rules)
- Authority: HMRC
- Forms: Self Assessment SA100, SA108
Spain
- Savings income (IRPF): 19% up to €6,000; 21% up to €50,000; 23% up to €200,000; 27% up to €300,000; 28% above
- Foreign crypto disclosure: Modelo 721 required if portfolio exceeds €50,000 abroad
- Staking income: Taxed as savings income
- Authority: Agencia Tributaria (AEAT)
- Forms: Modelo 100 (IRPF), Modelo 721
Poland
- Flat rate: 19% on all crypto gains (no holding period exemption)
- Loss carryforward: Up to 5 years
- Staking income: Taxed as capital income at 19%
- Cost basis: FIFO
- Authority: Urząd Skarbowy
- Form: PIT-38
Italy
- Flat rate: 26% on gains exceeding €2,000/year (from 2023)
- Foreign holdings disclosure: Quadro RW required if portfolio exceeds €15,000
- Staking income: Taxed as capital income at 26%
- Authority: Agenzia delle Entrate
- Forms: Quadro RT (gains), Quadro RW (foreign holdings)
Portugal
- Disposal tax: 28% on gains from crypto held less than 1 year (from 2023)
- Long-term holding: Tax-free on disposal if held 1 year or longer
- Staking income: Taxed at 35% flat rate or progressive income tax rates
- Authority: Autoridade Tributária (AT)
- Forms: Modelo 3, Anexo G or Anexo J
France
- Flat 30% tax (PFU): Gains from crypto disposals are subject to the prélèvement forfaitaire unique (PFU) — 12.8% income tax + 17.2% social charges.
- No exemption for holding period: Unlike Germany, there is no tax-free threshold after 1 year.
- Staking income: Taxed as BNC (non-commercial income) if received regularly; otherwise as capital gains.
- Authority: Direction générale des Finances publiques (DGFiP). Declare via Formulaire 2086.
Tax rules change frequently. This overview is for general information only and does not constitute tax advice. Consult a qualified advisor for your specific situation.
Are Bittrex Transactions Taxable?
In most jurisdictions, crypto is treated as an asset: disposing of it can trigger capital gains tax. Use this as a starting reference — the exact rules vary by country and year.
Taxable Events
- Selling crypto for fiat (USD, EUR, etc.)
- Swapping crypto for crypto
- Using crypto to pay for goods or services
- Receiving crypto as income or reward
Not Taxable
- Buying and holding crypto
- Transferring crypto between your own wallets
- Depositing fiat to Bittrex
- Receiving crypto as a personal gift
Tax treatment varies by country. CoinTracking applies the rules for your selected jurisdiction automatically.
How to Calculate Your Bittrex Taxes
Your Bittrex CSV export contains your raw historical trade data — but converting that into an accurate tax report requires calculating cost basis, holding periods and gains for every transaction across multiple tax years.
The core calculation is straightforward: take what you received (proceeds), subtract what you paid (cost basis, calculated with FIFO), and the result is your taxable gain or loss. For German users, the 1-year holding period must also be tracked for each individual lot.
CoinTracking automates this across your full Bittrex history and produces a report your accountant or local tax authority will accept. If you are missing transactions, you can add them manually to ensure a complete picture.
How to Import Bittrex into CoinTracking
Three steps to upload your Bittrex historical transaction data and generate your tax report.
- 1
Log into CoinTracking and open Imports
After logging in, click the Import icon in the left navigation. This is where you connect all your exchanges, wallets and blockchains.
- 2
Search for Bittrex in the import list
Type "Bittrex" in the search field. CoinTracking will show the Bittrex import option for CSV upload.
- 3
Upload your Bittrex transaction history CSV
Upload your Bittrex CSV file to CoinTracking. If you do not have your CSV, it may be retrievable through the Bittrex bankruptcy process. CoinTracking will automatically map all columns and apply historical prices.
"CoinTracking can handle just about any complex transaction you can throw at it and the automation is a real lifesaver. Of all the tax software tools we've reviewed, CoinTracking is the most detail-oriented and has more accuracy checks in place than the competition."
How to Create Your Bittrex
Tax Report with CoinTracking
Three steps from CSV export to a tax report your accountant will accept.
Locate your Bittrex transaction history
Retrieve your historical Bittrex CSV export. If you traded on Bittrex before its closure in March 2023, you should have received or be able to claim your transaction history.
Review your transactions
Open Reports → Validate Transactions. CoinTracking flags missing cost basis entries, duplicate imports and price gaps so your final report is accurate.
Generate and export your tax report
Select your country and tax year. CoinTracking generates a report formatted for your jurisdiction: PDF or Excel, ready to file or hand to your accountant.
No. Bittrex does not generate a tax report for users. Before it closed in March 2023, it offered a transaction history export in CSV format. You are responsible for converting that historical data into a jurisdiction-specific tax report. CoinTracking imports your Bittrex CSV and generates a complete, compliant report for your country.
If you have not already exported your Bittrex data, you may still be able to retrieve it through the Bittrex bankruptcy claims process. If you have a local copy of your Bittrex CSV export, you can upload it directly to CoinTracking. The CSV contains your full trade history, deposits and withdrawals from when the exchange was operating.
Yes. Even though Bittrex ceased operations in March 2023, CoinTracking fully supports importing historical Bittrex transaction data via CSV. This allows former Bittrex users to calculate taxes owed on past trades and generate compliant reports for years when Bittrex was active.
No. Bittrex was a US-based exchange and is not subject to the EU DAC8 directive. However, if you are a US taxpayer, the IRS requires you to report all crypto gains and losses regardless of which exchange you used. Former Bittrex users should ensure all historical trades are reported correctly.
Yes, in most jurisdictions. Every sale, swap, or disposal of cryptocurrency you made on Bittrex is a taxable event. The gain or loss is the difference between your cost basis and the proceeds at the time of disposal. Tax-free thresholds and holding periods vary by country: Germany offers a 1-year exemption, Austria a flat 27.5% rate, and Portugal a 1-year exemption for holdings since 2023.
If your Bittrex CSV export is incomplete, you can manually add missing transactions in CoinTracking. It is important to have a complete record of all trades, deposits and withdrawals to ensure your cost basis and tax calculations are accurate. CoinTracking flags gaps and inconsistencies so you can review and correct them before generating your tax report.
Start Tracking Your Crypto Taxes Today
Experience why 2.2 million users trust CoinTracking — sign up today for a seven-day free trial!