At BUX Crypto, we've created a template so that you can calculate your yearly balance and use it to declare your taxes in cryptos. We invite you to follow this step by step guide in order for you to have this done as quick and as easy as possible.
Step 1: Download your transactions (CSV) file.
Go to the "Transactions" section at the right-top of our BUX Crypto platform.
Click on the "Export all" button at the right-top corner, below "Transactions".
Once you've clicked on this button, a CSV file will be downloaded from your computer. Once this file is fully downloaded, open it. It should look like this:
Step 2: Download the template document.
Download the template through the attachment at the bottom of this page.
This document is ready for you to insert your transactions and automatically calculate your yearly balance.
Once your document is saved, it's time for the third and final step of this process, the integration of these two documents and your final results.
Step 3: Integration + results.
Remember the CSV file we downloaded on Step 1? We will need this for our third step.
Select and copy the whole columns&rows or transactions shown in this document, make sure in that selection you're not including the names/titles of the columns -what we see as: id, timestamp, type, asset, amount, etc- only what is inside the blue margin lines.
Paste this selection on the excel document you downloaded on Step 2, on the tab called "Transactions" as it is shown in the following image:
Once you have pasted your transactions from the CSV file into the excel document you previously downloaded through the link, you can click on the "Result" tab at the right side of the "Transaction" tab at the bottom of the document. This table includes all the details from your transactions of the previous year up until 1st of January of the current year. This is what it should look like:
The result is what you can see at the bottom of the last column, seen as "Amount in EUR per January 1st 2021", which means this is your Balance at 01.01.2021.
Obs: Both columns of USD and EUR are only values of currencies by the date January 1st 2021. This document won't calculate your balance by any other date.
If you have any further questions or comments regarding this procedure, please don't hesitate to contact our customer support team at firstname.lastname@example.org