Connect your Coinbase account to Recap and automatically import your trades, swaps and rewards. Recap classifies and values every transaction, then calculates your gains and income using the cost-basis rules for your jurisdiction — giving you a tax report ready to file or share with your accountant.
Disclaimer: The information provided in this content does not endorse Coinbase. Furthermore, it does not constitute tax advice. If you are uncertain about any financial or tax-related matters, we strongly recommend seeking guidance from a qualified tax professional. Additionally, you may utilise our accountant and professional advisor sharing features.
What is Coinbase?
Coinbase is a regulated cryptocurrency exchange used in over 100 countries to buy, sell and store digital assets like Bitcoin and Ethereum. It's one of the most popular platforms for crypto investors worldwide.
How to automate your Coinbase crypto taxes with Recap
Connect your Coinbase account via API or import your transaction CSV. Recap automatically classifies each transaction, applies fair-market valuations, and calculates your tax liability using the cost-basis rules for your jurisdiction.
Auto Sync with Coinbase How are Coinbase transactions taxed?
Tax treatment depends on the transaction type and your jurisdiction. Disposals — selling, swapping or spending crypto — are typically subject to capital gains tax, while rewards and interest are usually taxed as income when received. Recap classifies each Coinbase transaction type and applies the specific rules for your jurisdiction in your final report.
| Transaction type | CGT | Income | Tracked in Recap |
|---|---|---|---|
| Deposits | |||
| Withdrawals | |||
| Buying crypto with fiat | |||
| Crypto to crypto | |||
| Selling crypto for fiat | |||
| Staking rewards | |||
| Crypto interest | |||
| Fiat interest | |||
| Inflation rewards | |||
| Earn payouts | |||
| Learning rewards | |||
| Coinbase Card spends | |||
| Coinbase Card cashback | |||
| Coinbase One subscription | |||
| Coinbase One rebates |
Refer to our tax guides for a more detailed look at crypto tax rules.
Tax information is general guidance and may not reflect your circumstances. If you're unsure, speak to a qualified tax adviser.
