Sync Strike CSV Import your Strike transaction history to Recap and automatically calculate your crypto taxes. Recap classifies and values every transaction using the cost-basis rules for your jurisdiction, generating a tax report ready to file or share with your accountant.
Disclaimer: The information provided in this content does not endorse Strike. 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.
What is Strike?
Strike is a Bitcoin-focused payments app that allows users to buy, sell, send and receive Bitcoin. Built on the Lightning Network, Strike offers fast and low-cost Bitcoin transactions, making it popular for everyday payments and cross-border transfers.
How to import your Strike transactions to Recap
Export your transaction history CSV from the Strike app and upload it to Recap. We automatically classify each transaction, apply fair-market valuations, and calculate your tax liability using the cost-basis rules for your jurisdiction.
How are Strike transactions taxed?
Tax treatment depends on the transaction type and your jurisdiction. Selling or spending Bitcoin is typically a disposal subject to capital gains tax, while credits and rewards received as Bitcoin may be taxable as income depending on the circumstances. Recap classifies each Strike transaction type and applies the specific rules for your jurisdiction in your final report.
| Transaction type | CGT | Income | Tracked in Recap |
|---|---|---|---|
| Fiat deposits | |||
| Fiat withdrawals | |||
| Bitcoin purchases | |||
| Bitcoin sales | |||
| Bitcoin sends | |||
| Bitcoin receives | |||
| Credits (rewards) |
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.