Recap has a comprehensive integration with CoinCorner that makes it easy to manage your crypto tax calculations. Upload your CoinCorner transactions to Recap to securely monitor each transaction, manage your cryptocurrency portfolio, and effortlessly automate your taxes.
*Disclaimer: The information provided in this content does not endorse CoinCorner. 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 CoinCorner?
CoinCorner is a cryptocurrency exchange and wallet provider founded in 2014 offering various services related to Bitcoin.
Here's a breakdown of what CoinCorner offers:
- Buying and Selling Bitcoin: Purchase and sell Bitcoin directly on the platform
- Bolt Card: A card that allows users to pay with Bitcoin by tapping a card on a point of sale (POS) device
- Recurring purchases: The ability to set up a standing order to automatically buy Bitcoin
How to simplify your CoinCorner crypto taxes with Recap
You can make the process of calculating your taxes stress-free with our crypto tax software. Add your CoinCorner account transactions to Recap, and our system will classify and value all transactions using our unique fair-market valuation engine and determine your tax liability.
Sync CoinCorner CSV How are CoinCorner Transactions Taxed?
Tax implications on your CoinCorner transactions differ based on transaction types and your tax jurisdiction. Here are the tax guidelines for the different transaction types on CoinCorner:
| Transaction type | CGT | Income | Tracked in Recap |
|---|---|---|---|
| Deposits | |||
| Withdrawals | |||
| Buying crypto with fiat | |||
| Selling crypto for fiat |
Refer to our tax guides for a more detailed look at crypto tax rules.
