How do I connect my Coinspot account to CoinTracker?
Open the CoinSpot API page
Click the Generate New Api Key button
Enter any name, and select the Read Only API key type
If applicable, enter your Two Factor Code
Confirm the new API key by email
Reveal the API secret, and copy the Key and Secret
Open the CoinSpot Order History page
Click Download CSV
Import the downloaded file below
How are CoinSpot transactions taxed?
Crypto transactions on CoinSpot are taxable under Australian tax law.
According to the ATO (Australian Taxation Office), cryptocurrency is treated as a CGT (Capital Gains Tax) asset, not as currency.
Capital gains tax: Applies when you sell, trade, or spend crypto. The taxable gain or loss is the difference between your purchase cost and sale price.
Income tax: Applies when you earn crypto (such as through staking, airdrops, or bonuses). The value at the time you receive it is treated as ordinary income.
CoinTracker automatically calculates both your capital gains and income to help you stay fully compliant with ATO requirements.
Do I have to pay taxes on CoinSpot?
Yes. In Australia, you must report any taxable events from your crypto activity, including:
Selling crypto for AUD
Swapping one coin for another
Spending crypto on goods or services
Earning staking or referral rewards
Simply holding crypto is not taxable, but every disposal or income event is.
CoinTracker keeps a full record of your CoinSpot history so you can easily declare gains and losses at tax time.
Does CoinSpot provide tax documents?
Yes. CoinSpot offers tax reports and CSV exports you can use to prepare your ATO return.
While CoinSpot's internal report provides a basic summary, CoinTracker integrates directly with CoinSpot's API or CSV export to generate detailed, ATO-compliant tax forms — including capital gains, income, and portfolio summaries.
How to get your CoinSpot tax documents
Log in to your CoinSpot account.
Go to My Account → Order History → Export Data.
Choose your date range or financial year.
Click Export CSV to download your complete transaction history.
Upload your CSV to CoinTracker, or connect via API to sync all trades automatically.
When does CoinSpot issue Form 1099 or other tax forms?
CoinSpot does not issue U.S. forms such as 1099-MISC, 1099-B, or 1099-DA, since it operates under Australian regulation.
Instead, Australian users must include crypto activity in their annual individual or business tax return under the ATO's CGT and income sections.
CoinTracker automatically formats your data to align with ATO categories.
Why aren't my CoinSpot documents accurate?
CoinSpot reports only reflect your on-platform activity. They may not include:
Transfers to or from other wallets
Off-platform swaps or DeFi transactions
Crypto earned or held elsewhere
CoinTracker aggregates your entire portfolio, including CoinSpot, Binance, MetaMask, and other exchanges, for a complete, accurate tax report.
Does CoinSpot automatically deduct taxes?
No. CoinSpot does not withhold or deduct taxes from your crypto transactions.
You are responsible for calculating and paying your taxes.
CoinTracker makes this easy by generating your capital gains report, income summary, and portfolio performance automatically.
Does CoinSpot report to the ATO?
Yes. CoinSpot complies with Australian AML/CTF regulations and ATO reporting requirements.
The ATO receives data from major exchanges under data-matching programs.
CoinTracker ensures your self-reported tax returns align perfectly with CoinSpot's official records.
Does CoinSpot provide financial or end-of-year statements?
Yes. CoinSpot users can download end-of-year summaries and transaction exports directly from their dashboard.
Import them into CoinTracker to produce detailed ATO-ready tax reports for your accountant or myTax submission.