Crypto.com Tax Reporting Canada: The Complete Guide 2026

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How to Export Crypto.com Transaction History for Canadian Taxes

A step-by-step guide to generating API keys and exporting CSV files from Crypto.com for CRA tax reporting.

  1. Method 1: API (Auto-Sync)

    The most accurate method that automatically syncs your App and Exchange transaction history with tax software, reducing manual errors.

  2. Method 2: CSV Export

    A manual backup method where you download separate spreadsheets for the Fiat Wallet, Crypto Wallet, and Card transactions to upload individually.

Let’s be honest: doing taxes for cryptocurrency is a headache. It is even more frustrating when you use a platform like Crypto.com which is actually two separate platformsโ€”the mobile App and the web Exchangeโ€”mashed together. If you have been buying, selling, or spending on your Visa card, you have a pile of data that needs to be organized before the CRA deadline.

If you are a Canadian user, you cannot just download a spreadsheet and send it to your accountant. The way Crypto.com formats data often confuses tax software, and Canadian tax laws (specifically Adjusted Cost Base) make it impossible to calculate manually in Excel unless you are a spreadsheet wizard. This guide covers exactly how to get your data out of Crypto.com and ready for tax season.

Does Crypto.com Report to the CRA?

This is the most common question Canadian investors ask. The short answer is yes, they comply with Canadian regulations.

Crypto.com is registered with FINTRAC and has worked closely with the Ontario Securities Commission (OSC) to operate legally in Canada. This compliance means they are required to verify your identity (KYC) and maintain records. While they may not send a T5 slip for every small trade, they are obligated to respond to CRA demands for information regarding high-volume users or audits.

Recently, many Canadian exchanges have started issuing T5008 forms (Statement of Securities Transactions). If Crypto.com issues you a T5008, a copy is also sent to the CRA. This means the government knows you have trading activity. Even if you do not receive a slip, the onus is on you to report all capital gains and income (like staking rewards or Earn interest) to the CRA.

Method 1: Connecting via API (The Easy Way)

Using an API is generally safer and faster than using CSV files. It allows your tax software to “read” your transaction history directly. Because Crypto.com has two parts (App and Exchange), you might need to set up connections for both depending on where you traded.

Step 1: Create API Keys for the Crypto.com Exchange

  • Log in to the Crypto.com Exchange (desktop version).
  • Hover over your profile icon and click Settings.
  • Select API Keys from the tab menu.
  • Click Create a New API Key.
  • You will be asked for a label. Name it something like “Tax Software 2026”.
  • Complete the 2FA authentication code prompt.
  • Critical Step: Ensure the permissions are set to “Can Read” or “Read-Only”. Never check “Enable Trading” or “Enable Withdrawals” for tax software.
  • Copy your “API Key” and “Secret Key” immediately. The Secret Key will not be shown again.

Step 2: Syncing the App

Historically, the Crypto.com App (mobile) did not have a public API for tax tools. Most users still need to use CSV files for the App portion (see Method 2 below). However, some advanced tax aggregators now support a direct login integration (OAuth) for the App. Check your specific tax software to see if “Crypto.com App” is listed as an automatic sync option. If not, proceed to the CSV method for your mobile transactions.

Method 2: Exporting Crypto.com CSV History

If the API fails or you only used the mobile App, you need to download your transaction history manually. You must be careful here because the App splits your history into different “wallets.”

Exporting from the Crypto.com App

You cannot do this from a desktop; you must use your phone.

  1. Open the Crypto.com App.
  2. Go to the Accounts tab.
  3. Tap the clock/history icon in the top right corner.
  4. Tap Export in the top right corner.
  5. Select the date range. For the 2025 tax year, select January 1, 2025, to December 31, 2025.
  6. Select All Transaction Types: You will see options for “Crypto Wallet”, “Fiat Wallet”, and “Card”. It is best to export all of them to ensure you don’t miss any taxable events like top-ups or cash-outs.
  7. Tap Export to CSV.
  8. The app will generate the file. You will need to email it to yourself or save it to your phone’s file system to upload it to your computer later.

Exporting from the Exchange

If you used the Exchange for advanced trading, you need a separate file.

  1. Log in to the Exchange on your desktop.
  2. Go to Wallet > Orders (or Transaction History).
  3. Find the Export History button.
  4. Select your date range and click Export.
  5. Download the file once it is ready.

Common Crypto.com Import Errors (Troubleshooting)

Crypto.com has unique features that often cause “Calculated Balance Errors” in tax software. Here is how to spot them.

1. The Visa Card Top-Up

When you top up your Visa card with crypto (e.g., selling Bitcoin to load the card), this is a taxable event. The CRA views this as selling property (Bitcoin) for CAD. Many people forget this and are surprised by the capital gains tax triggered simply by loading their debit card. Ensure your tax software marks these transactions as “Sell” or “Spend”.

2. Cashback and Rebates

The CRO rewards you get for using the Visa card are generally considered “rebates” or “discounts” rather than income, meaning they reduce your cost basis (Adjusted Cost Base) of the acquired CRO to zero. However, staking rewards (from Earn or Supercharger) are likely treated as income. Check that your software categorizes “Card Cashback” differently from “Staking Interest”.

3. Supercharger Events

Supercharger events are messy. They often appear as dozens of tiny deposits of random coins. If your CSV file is missing these, your calculated balance for those specific coins will be zero, but your actual balance is higher. You may need to manually add these deposits if the CSV export missed them.

4. Internal Transfers

Moving funds from the App to the Exchange is a non-taxable transfer (transfer to self). Sometimes, the CSVs do not match the timestamps perfectly, causing tax software to think you sold on the App and bought on the Exchange. If you see huge gains/losses from internal transfers, merge these transactions in your tax tool.

Canadian Specifics: ACB vs. FIFO

This is where most Canadian crypto investors get into trouble. Most American advice and default software settings use FIFO (First-In, First-Out) or Specific ID to calculate gains.

Canada uses Adjusted Cost Base (ACB).

This means you do not track individual coins. Instead, you have a “pool” of identical assets (like Bitcoin). Every time you buy more, you add to the pool and update the average cost per coin. Every time you sell, you remove from the pool using that average cost.

Why does this matter for Crypto.com users? If you bought Bitcoin at $10k, $20k, and $60k, and then sold some when the price was $40k, the math is totally different under ACB than FIFO. Using a raw Excel sheet or US-centric settings will likely result in an incorrect tax return, potentially leading to overpaying taxes or penalties from the CRA. Always ensure your tax software is set to “Canada (ACB)” mode.

Conclusion

Getting your Crypto.com tax reporting right in Canada requires a bit of patience. The ecosystem is split between the App and Exchange, and the CSV exports can be dense. However, by using API keys where possible and double-checking your Visa card transactions, you can generate an accurate report.

Remember, the CRA is increasingly sophisticated in tracking digital assets. Reporting your crypto activity accurately is the best way to protect your investments and avoid audit stress.

FAQ

Does Crypto.com report to the CRA?

Yes. Crypto.com is registered with FINTRAC and cooperates with Canadian regulators. They may issue T5008 forms for trading activity and will provide user data to the CRA if formally requested or during an audit.

How do I get my tax documents from Crypto.com?

You can export CSV files via the App (Accounts > History > Export) or the Exchange website (Orders > Transaction History). Alternatively, use the API key settings on the Exchange to sync directly with Canadian tax software.

Are Crypto.com Visa card rewards taxable in Canada?

Card cashback (CRO rewards) are usually treated as discounts, effectively having a zero cost basis. However, when you eventually sell that CRO, the entire amount is capital gains. Staking rewards and Earn interest are treated as taxable income upon receipt.

Does Crypto.com provide a T5008 form?

Crypto.com may issue T5008 forms to Canadian users for taxable years. However, these forms often do not capture the full picture of crypto transactions (like Adjusted Cost Base). You should rely on your own transaction history exports for accuracy.

How do I calculate Adjusted Cost Base for Crypto.com?

Canada requires you to average the cost of identical assets (ACB). You add the total cost of all coin purchases (plus fees) and divide by the total coins owned. Doing this manually with high-frequency trading is difficult; specialized software is recommended.

Is transferring from Crypto.com App to Exchange taxable?

No. Transferring crypto between your own accounts (App to Exchange or external wallet) is not a taxable event. However, you must track these transfers carefully so they are not misinterpreted as sales or income by tax software.

Why is my Crypto.com balance wrong in my tax software?

Common reasons include missing CSV files (uploading App but forgetting Exchange), unmapped 'Supercharger' rewards, or internal transfers being treated as withdrawals. Visa card top-ups using crypto are also frequently mislabeled as transfers instead of taxable sales.

Can I use the Crypto.com API for tax reporting?

Yes. The Exchange supports API generation with 'Read-Only' permissions, which is safe for tax software. The Mobile App typically requires CSV export, though some advanced integrations now support App syncing via OAuth logins.
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