Recap has a comprehensive integration with Crypto.com that makes it easy to manage your crypto tax calculations. Sign up for Recap and link your Crypto.com account to securely monitor each transaction, manage your cryptocurrency portfolio, and effortlessly automate your taxes.
*Disclaimer: The information provided in this content does not endorse Crypto.com. 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 Crypto.com?
Crypto.com is a Singapore based cryptocurrency exchange founded in 2016 that enables users to buy, sell and stake crypto assets.
Here's a breakdown of what Crypto.com Exchange offers:
- Cryptocurrency Trading: Facilitates the trading of a wide range of cryptocurrencies, including Bitcoin, Ethereum, and numerous altcoins, with various trading pairs.
- Spot and Margin Trading: Provides options for both spot trading and margin trading, allowing users to leverage their positions for potentially higher returns.
- Derivatives Trading: Offers trading of cryptocurrency derivatives, including futures contracts, to allow users to speculate on the future price movements of digital assets.
- Staking and Earning: Enables users to stake their cryptocurrencies to earn rewards or interest
How to automate your Crypto.com crypto taxes with Recap
You can make the process of calculating your taxes stress-free with our crypto tax software. Connect your Crypto.com account to Recap, and our system will classify and value all transactions using our unique fair-market valuation engine and determine your tax liability.
Sync Crypto.com Exchange CSV How are Crypto.com Transactions Taxed?
Tax implications on your Crypto.com transactions differ based on transaction types and your tax jurisdiction. Here are the tax guidelines for the different transaction types on Crypto.com:
| Transaction type | CGT | Income | Tracked in Recap |
|---|---|---|---|
| Deposits | |||
| Withdrawals | |||
| Buying crypto with fiat | |||
| Crypto to crypto | |||
| Selling crypto for fiat | |||
| Earning staking rewards |
Refer to our tax guides for a more detailed look at crypto tax rules.
