How do I report my OTCBTC taxes?

Crypto activity on OTCBTC — whether through the exchange or OTC marketplace — is taxable under most countries' laws.

• Capital gains tax: Applies when you sell, trade, or swap crypto assets. Your gain or loss is calculated as the difference between your purchase cost (cost basis) and the sale or exchange value.

• Income tax: Applies if you earned crypto through referrals, rewards, or promotional bonuses. The fair market value at the time you received the crypto is considered taxable income.

CoinTracker automatically tracks both types of transactions from OTCBTC, ensuring your tax report is accurate and compliant.

Yes.

All crypto transactions carried out on OTCBTC — including peer-to-peer trades — are taxable events under most tax regimes.

This includes:

• Selling crypto for fiat (e.g., TWD, USD, SGD)

• Trading between different crypto assets (e.g., BTC/ETH)

• Earning referral or promotional bonuses

CoinTracker consolidates your OTCBTC data with your other exchanges to calculate your total gains and income.

OTCBTC did not issue official tax forms (like 1099-MISC or 1099-B), but it allowed users to export trade histories and order books in CSV format before winding down operations.

If you still have access to these files or past emails, you can upload them to CoinTracker to automatically generate your tax reports.

• Search your email inbox or local files for "OTCBTC Trade History" or "Order Record."

• Locate your CSV export or wallet address records linked to OTCBTC.

• If needed, use blockchain explorers (like Etherscan or BSV Explorer) to trace withdrawals or deposits.

• Log in to CoinTracker.

• Go to Add Account → Manual Entry → Upload CSV.

• Upload your data and let CoinTracker calculate your full tax summary.

OTCBTC did not issue U.S. tax forms such as 1099-MISC, 1099-B, or 1099-DA, as it operated under Taiwanese jurisdiction.

However, users in the U.S. or other reporting countries must still declare their crypto activity.

CoinTracker automatically generates equivalent IRS or local forms, including Form 8949 and Schedule D, based on your OTCBTC data.

Your data may be incomplete due to:

• OTCBTC's closure and limited access to trade records

• Missing off-chain OTC trades or peer transfers

• Incomplete withdrawal or deposit logs

CoinTracker helps you fill these gaps by combining blockchain and historical transaction data to ensure your tax report is complete and audit-ready.

No. OTCBTC did not deduct or remit taxes on user trades or P2P transactions.

You are responsible for declaring all your crypto-related income and gains.

CoinTracker simplifies this process by automatically generating country-specific reports, whether you file in Taiwan, Singapore, the U.S., or elsewhere.

No.

OTCBTC did not have automatic reporting agreements with any tax authority, including Taiwan's Ministry of Finance or the IRS.

However, future regulations under the OECD Crypto-Asset Reporting Framework (CARF) will require exchanges to share data globally.

CoinTracker ensures your records are compliant ahead of these standards.

No new statements are available, but you can use archived trade reports or email receipts from OTCBTC.

Import these files into CoinTracker to automatically generate your capital gains, income, and portfolio performance reports for the relevant tax year.