How to file your Bitstamp taxes with Cryptiony

Bitstamp is a cryptocurrency exchange that offers a professional trading experience with many advanced tools and staking. Our Cryptiony integration makes calculating your Bitstamp crypto taxes effortless.

This guide will show you the steps to integrate Bitstamp with Cryptiony.

What is Bitstamp?

Bitstamp is a cryptocurrency exchange founded in 2011 as a way for people to trade Bitcoin. It has now developed into a high-spec trading platform everybody uses, from retail to institutional investors.

How do I calculate taxes on Bitstamp transactions?

The best way to calculate Bitstamp taxes is by integrating your Bitstamp with Cryptiony and using our automated software to generate your tax report. Besides the apparent benefits of speed and cost compared to using an accountant, a lesser-known benefit is that we are a crypto-native and are up to date with all cryptocurrency rules and regulations. Therefore, you can sleep well knowing you are reporting your tax return correctly.
Two main ways you can integrate Bitstamp with Cryptiony are via an API or by importing a CSV file. We recommend you use the API when possible.

How to import Bitstamp transactions to Cryptiony using an API

To import your transactions via an API, first, you need to generate API keys on Bitstamp and input them into the Cryptiony platform. Here is how:

Generate your Bitstamp API keys

Step 1

Log in to Bitstamp.

Step 2

From the Bitstamp dashboard, click the user icon, then settings.

Step 3

Select the API access tab and then click create new API key.

Step 4

Complete the 2FA.

Step 5

Save your API key and API secret for the Cryptiony integration.

Import your transactions

Step 1

Sign up for Cryptiony.

Step 2

From the Cryptiony dashboard, click transactions, then add transactions.

Step 3

Select Bitstamp, the integrate with the exchange API.

Step 4

Input your Bitstamp API keys into Cryptiony and click integrate.

Then you can either import transactions from another exchange or head over to the taxes section to generate a report.

How to import Bitstamp transactions to Cryptiony as a CSV file

Although we recommend the API method, sometimes it is better to export a CSV from Bitstamp and upload it to Cryptiony. Here are the steps to do so.

How to download Bitstamp Transactions

Step 1

Log into your Bitstamp account.

Step 2

Click the user icon, then the transaction history tab.

Step 3

Next, select open export options, then export all.

How to upload Bitstamp transactions to Cryptiony

Step 1

Log in to Cryptiony.

Step 2

From the dashboard, select transactions, then add transactions.

Step 3

Click integrate the exchange on the top right of the screen.

Step 4

Select Bitstamp, then import the transaction file.

Step 5

Select your Cryptiony transactions CSV files and hit import.

Important things to know about importing Bitstamp transactions

Bitstamp referrals are not supported via the API. Instead, you will need to use a CSV to import referral earnings to Cryptiony.


Is Bitstamp regulated in the UK?

Bitstamp is not regulated by the Financial Conduct Authority, although it is relatively compliant by maintaining KYC, AML and counter-terrorism checks. The company has a UK office, so they likely cooperate with UK authorities when requested to.

Does Bitstamp report to HMRC?

Bitstamp has not explicitly stated they report to HMRC; however, as the exchange has a UK office, it is very likely they are cooperative and have had contact with HMRC in the past.

How do I get my money out of Bitstamp?

You can withdraw money on Bitstamp in your local currency to your bank, or you can withdraw it to your blockchain wallet. If you withdraw to your blockchain wallet, Cryptiony has API integrations for those too!

How much are Bitstamp fees?

Taker fees for trading on Bitstamp are between 0.00% and 0.40%. On the other hand, maker fees are between 0.00% and 0.30%. Check out our blog post on how the crypto market works to learn more about makers and takers.