How do I connect my Exrates account to CoinTracker?
To add your Exrates transactions to CoinTracker:
Download the CSV export of your transactions from Exrates
Reformat those transactions into our CoinTracker CSV format (see our support guide here)
Import your CSV export to CoinTracker here
How are Exrates transactions taxed?
All Exrates transactions are taxable under most countries' crypto tax frameworks.
Capital gains tax: Applies when you sell, trade, or convert crypto assets. The taxable amount is based on the difference between your purchase price (cost basis) and sale price.
Income tax: Applies when you earned crypto through referrals, airdrops, staking, or interest programs while using Exrates.
CoinTracker automatically calculates your realized gains and income from Exrates and integrates them with your other exchanges for a complete tax overview.
Do I have to pay taxes on Exrates?
Yes.
If you traded or earned crypto on Exrates, you are required to declare those activities — even if the exchange is now defunct.
Taxable events include:
Selling crypto for fiat
Swapping one crypto for another (e.g., BTC to ETH)
Receiving crypto from promotions or rewards
CoinTracker ensures your historical Exrates transactions are properly captured and reflected in your annual tax filings.
Does Exrates provide tax documents?
Previously, Exrates offered CSV exports and account statements, but did not issue official IRS forms (like 1099s).
If you still have access to your transaction history, you can upload it to CoinTracker to automatically generate complete tax reports.
If your data is missing, CoinTracker allows you to reconstruct transactions manually from blockchain explorers or bank transfer records.
How to get your Exrates tax documents
Locate your archived Exrates CSV files or email confirmations.
Search your inbox for subjects like "Trade Confirmation" or "Withdrawal Notification."
If available, find your wallet transaction IDs (TXIDs) via blockchain explorers.
Log in to CoinTracker.
Go to Add Account → Manual Entry → Upload CSV.
Upload your Exrates trade and transfer history to automatically calculate your gains and income.
When did Exrates issue Form 1099-MISC, 1099-B, or 1099-DA?
Exrates did not issue U.S. tax forms like 1099-MISC, 1099-B, or 1099-DA, as it was an offshore exchange.
Users are still required to self-report all crypto gains and income to the IRS, HMRC, ATO, or other relevant authorities.
CoinTracker creates equivalent transaction-level summaries and capital gains reports automatically.
Why aren't my Exrates documents accurate?
Your data may appear incomplete due to:
Missing exports from before the exchange shut down
Unrecorded internal transfers or off-chain activity
Gaps in trading data caused by platform downtime
CoinTracker allows you to supplement missing transactions using blockchain data, ensuring a fully reconciled and compliant report.
Does Exrates automatically deduct taxes?
No. Exrates did not withhold or deduct taxes on user transactions.
You are responsible for declaring your crypto income and capital gains.
CoinTracker automates these calculations and formats them for your country's required tax forms.
Does Exrates report to tax authorities?
No. Exrates did not have formal reporting agreements with the IRS or other national tax authorities.
However, you are still legally obligated to report all crypto activity conducted on Exrates.
CoinTracker helps you generate accurate records even when the exchange no longer exists.
Does Exrates provide financial or end-of-year statements?
Exrates users could previously export trade summaries and account statements, but the exchange no longer provides new reports.
If you have old data backups or email confirmations, import them into CoinTracker to generate accurate end-of-year gain/loss statements and income summaries.