Recap has a comprehensive integration with Coinpass that makes it easy to manage your crypto tax calculations. Connect your Coinpass 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.
The legal bit: The information provided in this content does not endorse Coinpass. 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.
Why Coinpass tax can be difficult to calculate manually
Coinpass is built for active traders and businesses, and that is exactly what makes its tax position hard to pin down by hand. The job is rarely a couple of trades: it is often high volume, large one-off deals, and a mix of pairs. A few things tend to trip people up:
- Large OTC and block trades. A single over-the-counter deal can be a very big disposal, so one trade can move your whole tax position in a way that is easy to under-record or misdate.
- High-frequency trading activity. Professional and frequent traders build up hundreds of buys and sells, and every disposal is measured against a cost-basis pool built from the entire history.
- More than one kind of pair. Fiat, crypto and stablecoin pairs all behave differently for tax, and a crypto-for-crypto or crypto-for-stablecoin trade is a disposal even though no ordinary money changes hands.
- A long, detailed history. The further back and the more active the account, the harder an accurate cost basis is to reconstruct from exports and statements by hand.
How to import your Coinpass data into Recap
Connect your Coinpass account to Recap by API and we import your full history automatically, including trades, over-the-counter deals, deposits and withdrawals, 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, so even a high-volume or OTC-heavy account resolves into a clear set of gains and losses.
Auto Sync with Coinpass How are Coinpass transactions taxed?
Tax treatment depends on the transaction type and where you are tax resident. Here is how the main Coinpass activities are generally treated:
| Transaction type | CGT | Income | Tracked in Recap |
|---|---|---|---|
| Deposits | |||
| Withdrawals | |||
| Buying crypto with fiat | |||
| Crypto to crypto | |||
| Selling crypto for fiat | |||
| Transferring between your own accounts |
Selling crypto for fiat and swapping one crypto asset for another, including trades into stablecoins, are disposals for capital gains purposes, each measured against your cost-basis pool. 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 and wallets are not disposals.
Refer to our tax guides for a more detailed look at crypto tax rules.
What's in your Coinpass tax report
Recap turns your full Coinpass history into a single tax report: capital gains and losses worked out under the rules for your jurisdiction, large OTC deals and high-volume trading reconciled correctly, stablecoin and crypto-to-crypto trades treated as the disposals they are, and a clear year-by-year summary you can file yourself or hand straight to your accountant.
Common Coinpass tax challenges and how Recap solves them
Coinpass accounts produce a few recurring tax problems, especially active and business ones. Here is how Recap handles each one:
- Large OTC deals. A single block trade can be a substantial disposal. Recap captures it at the right value and date so the gain or loss is calculated correctly.
- High-frequency trading activity. Hundreds of trades are slow to reconstruct by hand. Recap imports the whole history and calculates the gain or loss on every disposal automatically.
- Stablecoin and crypto-to-crypto trades. These feel like moving funds but are disposals. Recap treats each one correctly rather than mistaking it for a simple transfer.
- A long, detailed history. Older, active accounts can span thousands of entries. Recap combines them into a single cost-basis position so nothing is missed.
Why Coinpass users choose Recap
Coinpass users often choose Recap because an active or business account can carry high volume and large OTC deals across several kinds of pair, which is painful to reconcile by hand. Rather than rebuilding all of that manually, you can connect by API and see your gains and losses reconciled in one report, ready to file or share with your accountant.
