Sync Coinbase Pro CSV Coinbase Pro closed on 20 November 2023 and its trading moved to Coinbase Advanced Trade. Your account did not disappear with it: the balances and the history moved across, and past Coinbase Pro statements are still available from the Statements section of Coinbase. Those trades still belong in this year's figures if you disposed of anything, and Recap turns that exported history into a tax position. From 2026 tax authorities are widening automatic reporting of crypto under frameworks such as the OECD's Cryptoasset Reporting Framework, so an accurate record matters more than ever.
Disclaimer
The information provided in this content does not endorse Coinbase Pro. Furthermore, it does not constitute tax advice. If anything financial or tax-related is unclear, speak to a qualified tax professional. You can also share your Recap account with your accountant or tax adviser directly.
Why Coinbase Pro tax can be difficult to calculate manually
The main friction points
Coinbase Pro was Coinbase's advanced trading platform, retired on 20 November 2023 when trading moved to Coinbase Advanced Trade. If you traded there, that history still needs to be accounted for, and a few things make the manual work hard:
- Heavy order-book trading. Coinbase Pro was built for active traders, so accounts often hold long lists of trades, each a disposal measured against a cost-basis pool built from the whole history.
- Crypto-to-crypto trades are disposals. Coin-for-coin trades are disposals even though no ordinary money changes hands, and they are easy to treat as simple switches.
- Data lives in an old export. Because the platform is retired, the record usually sits in an exported file that has to be read and valued carefully.
- A long trading history. Years of active trading are hard to reconstruct by hand, especially when the account is no longer live.
How to import your Coinbase Pro data into Recap
Coinbase Pro imports into Recap by file upload. Export your Coinbase Pro transaction history and upload it to Recap, and we bring in your full record automatically, including trades, deposits and withdrawals. Recap classifies and values each entry with our fair-market valuation engine and applies the tax rules for your jurisdiction, so even a retired, high-volume account resolves into a clear set of gains and losses.
How are Coinbase Pro transactions taxed?
Tax treatment depends on the transaction type and where you are tax resident. Here is how the main Coinbase Pro activities are generally treated:
| Transaction type | CGT disposal | CGT acquisition | Income |
|---|---|---|---|
| Deposits | CGT disposal: no. A deposit itself is not a disposal. Where Coinbase Pro charges a deposit fee in crypto, Recap records that fee as a separate disposal of the fee asset. | CGT acquisition: no | Income: no |
| Withdrawals | CGT disposal: no. The withdrawal itself is not a disposal, but a withdrawal fee paid in crypto is recorded as a disposal of the fee asset. Recap treats Coinbase-internal transfers as fee-free. | CGT acquisition: no | Income: no |
| Buying crypto with fiat | CGT disposal: no. Fiat is not a chargeable asset in Recap, so paying fiat is not a disposal. Coinbase Pro charges its trade fee in the quote (fiat) currency, so no fee disposal arises either. | CGT acquisition: yes. The crypto bought enters the section 104 pool at the trade value; on a fiat-to-crypto buy Recap adds the trade fee to the acquisition cost. | Income: no |
| Crypto to crypto | CGT disposal: yes. The crypto sold is disposed of at the trade's valued amount; a trade fee paid in crypto is both an allowable cost on the disposal and a separate fee disposal of the fee asset. | CGT acquisition: yes. The crypto received enters the section 104 pool at the same valued amount. Recap's default is to value the trade from the quote side (‘Trade valuation method’: Quote); portfolios created before 25 May 2022 default to valuing from the disposed side, and the setting is user-configurable. | Income: no |
| Selling crypto for fiat | CGT disposal: yes. The crypto sold is disposed of at the trade value, with the fee treated as an allowable cost of the disposal. | CGT acquisition: no. Fiat received is not a chargeable asset, so no pool acquisition is created. | Income: no |
| Transferring between your own accounts | CGT disposal: no. Moving your own coins is not a disposal. Any network/withdrawal fee paid in crypto is recorded as a fee disposal, and if less arrives than left, Recap records the shortfall as a zero-value disposal. | CGT acquisition: no. No acquisition for the principal; if more arrives than left, the excess is recorded as an acquisition at market value. | Income: no |
This table shows how Recap classifies each transaction type by default. Some treatments — such as the acquisition cost used for airdrops — are configurable in Recap. This is general information, not tax advice; consult a qualified tax professional about your circumstances.
This table shows Recap's default classification for common Coinbase Pro transactions. It is not an exhaustive schedule or a ruling. Treatment depends on your circumstances and jurisdiction, and you can recategorise any transaction where yours differ. Confirm your position with a qualified tax adviser.
Selling crypto for fiat and swapping one crypto asset for another are disposals for capital gains purposes, each measured against your cost-basis pool, and a crypto-to-crypto trade is also an acquisition of the asset you receive at its market value. Buying crypto with fiat is not itself a disposal but sets the cost your later disposals are measured against, and transfers between your own accounts are not disposals.
Refer to our tax guides for a more detailed look at crypto tax rules.
What's in your Coinbase Pro tax report
Recap turns your full Coinbase Pro history into a single tax report: capital gains and losses worked out under the rules for your jurisdiction, high-volume and crypto-to-crypto trading pooled correctly, and a clear year-by-year summary you can file yourself or hand straight to your accountant, even though the platform itself is retired.
Common Coinbase Pro tax challenges and how Recap solves them
The recurring problems
Coinbase Pro accounts produce a few recurring tax problems, especially now the platform is retired. Here is how Recap handles each one:
- A retired account. Historical data can be awkward to work with once a platform closes. Recap imports your exported Coinbase Pro history and reconciles it in full.
- High trading volume. Hundreds of trades are slow to reconstruct by hand. Recap calculates the gain or loss on every disposal automatically.
- Crypto-to-crypto trades. Coin-for-coin trades are disposals, not simple swaps. Recap treats each one correctly.
- Linking with Coinbase. Trading later moved to Coinbase Advanced Trade. Recap can combine your Coinbase Pro history with your Coinbase activity into one position.
Why Coinbase Pro users choose Recap
Coinbase Pro users often choose Recap because a retired, high-volume trading account still has to be accounted for, and reconstructing it from an old export by hand is slow and error-prone. Rather than doing that manually, you can upload your history and see your gains and losses reconciled in one report, ready to file or share with your accountant.
