Unfortunately, not all cryptocurrency exchanges are built equally.
The Binance.com API currently does not allow crypto tax software like CryptoTrader.Tax to pull in direct purchases made with debit or credit cards on the platform.
This creates a difficult user-experience for Binance users trying to report their crypto taxes.
Until Binance updates their API, Binance users will need to import an additional file in order to account for purchases made through debit, credit or ACH deposits.
How to import your Buy Crypto History file from Binance
Log in to your Binance account
Hover over the Orders dropdown menu and click on the Buy Crypto History option
Any transactions that appear under Buy, Sell, Convert, or Binance Access will not be returned by Binance API.
Click on Export on the right side. Then select Past 3 months to set the date range.
Select the full date range of your trading history on Binance.
Binance only allows you to export files in 3-month intervals so you may need to export multiple files here. For each year of trading you should set the date range as follows:
January 1st - March 31st
April 1st - June 30th
July 1st - September 30th
October 1st - December 31st
Import the Buy History File in Step 1 of CryptoTrader.Tax
Note: Make sure not to delete your Binance API import. You will need a combination of API and the Buy History file in order to get full coverage for your Binance trades
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