Recap has a comprehensive integration with BnkToTheFuture that makes it easy to manage your crypto tax calculations. Connect your BnkToTheFuture account to Recap to import your full history and automate your taxes. From 2026, tax authorities are widening the automatic reporting of crypto under frameworks such as the OECD's Cryptoasset Reporting Framework (CARF), so keeping an accurate record matters more than ever.
Disclaimer
The information provided in this content does not endorse BnkToTheFuture. 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 BnkToTheFuture tax can be difficult to calculate manually
BnkToTheFuture is an online investment platform rather than a simple exchange, and that changes what your tax record looks like. The activity that matters is often investments and token movements rather than a stream of trades. A few things tend to trip people up:
Where records get complicated
- Disposals are spread out. Selling or exchanging a holding is a disposal, but on an investment platform these can be occasional and large rather than frequent, so a single event can move your whole tax position.
- Token movements need tracking. Tokens received, moved or converted all have to be valued and recorded so your cost basis stays accurate.
- Crypto-to-crypto still counts. Exchanging one asset for another is a disposal even though no ordinary money changes hands.
- A long, occasional history. Activity can be infrequent but stretch back years, which makes an accurate cost basis hard to rebuild from exports by hand.
How to import your BnkToTheFuture data into Recap
Connect your BnkToTheFuture account to Recap by API and we import your history automatically, including deposits, withdrawals and disposals, however far back your account goes. Recap classifies and values every entry with our fair-market valuation engine and applies the tax rules for your jurisdiction, turning occasional and large movements into a clear set of gains and losses.
Auto Sync with BnkToTheFuture How are BnkToTheFuture transactions taxed?
Tax treatment depends on the transaction type and where you are tax resident. Here is how the main BnkToTheFuture activities are generally treated:
| Transaction type | CGT disposal | CGT acquisition | Income |
|---|---|---|---|
| Deposits | CGT disposal: no. BnkToTheFuture deposits are imported with a zero fee, so no fee disposal arises on the deposit itself. | CGT acquisition: no. A plain deposit is not an acquisition. Separately, BnkToTheFuture 'FreeDeposit' and 'RewardDeposit' rows are mapped to Airdrop instead, which does create a pool acquisition. Recap's default acquisition cost for airdrops is zero for portfolios created after 6 April 2024 and market value for older ones, and it is configurable in settings or per transaction. | Income: no |
| Withdrawals | CGT disposal: no. The withdrawal itself carries a zero fee. BnkToTheFuture's separate 'Fee'/'ExternalFee'/'ExitFee'/'StakingFee' rows are imported as standalone Fee transactions, and a fee paid in crypto is treated as a disposal of the fee asset. | CGT acquisition: no | Income: no |
| Buying crypto with fiat | CGT disposal: no. Disposing fiat is not chargeable. If the trade fee is charged in crypto it is emitted as a separate fee disposal of that asset, as well as being added to the acquisition's cost basis. | CGT acquisition: yes | Income: no |
| Crypto to crypto | CGT disposal: yes. A fee charged in crypto is additionally emitted as a separate fee disposal of the fee asset. | CGT acquisition: yes. BnkToTheFuture pitch investments and secondary-market share trades paid for in crypto are also modelled as trades, disposing the crypto paid and acquiring the investment asset. Recap's default valuation takes the quote side of the trade; this is configurable. | Income: no |
| Selling crypto for fiat | CGT disposal: yes | CGT acquisition: no. Acquiring fiat does not create a chargeable pool entry. | Income: no |
| Transferring between your own accounts | CGT disposal: no. The moved amount is not a disposal. Any network fee on a transfer is treated as a disposal of the fee asset, and an unexplained shortfall between the two legs is recorded as an excess disposal. | CGT acquisition: no | 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 BnkToTheFuture 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 a holding for fiat and exchanging one asset for another are disposals for capital gains purposes, each measured against your cost-basis pool. Buying 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 BnkToTheFuture tax report
Recap turns your full BnkToTheFuture history into a single tax report: capital gains and losses worked out under the rules for your jurisdiction, occasional and large disposals valued at the right point, token movements tracked correctly, and a clear year-by-year summary you can file yourself or hand straight to your accountant.
Common BnkToTheFuture tax challenges and how Recap solves them
BnkToTheFuture accounts produce a few recurring tax problems. Here is how Recap handles each one:
How Recap handles them
- Large, occasional disposals. A single sale can be a substantial disposal. Recap captures it at the right value and date so the gain or loss is calculated correctly.
- Token movements. Tokens received and moved are easy to lose track of. Recap values and records them so your cost history stays accurate.
- Crypto-to-crypto exchanges. Exchanging one asset for another is a disposal, not a simple transfer. Recap treats each one correctly.
- A long, infrequent history. Occasional activity over years is easy to misdate. Recap imports the whole record and pools every disposal correctly.
Why BnkToTheFuture users choose Recap
BnkToTheFuture users often choose Recap because an investment account produces occasional but significant disposals and token movements that are easy to misvalue by hand. Rather than reconstructing them one by one, you can connect by API and see your gains and losses reconciled in one report, ready to file or share with your accountant.
