How do I connect my WazirX account to CoinTracker?
Open the WazirX API Key Manager page
Select Create New Key and choose any name for the key
If applicable, enter your two-factor authentication code and email OTP code
RECOMMENDEDSelect the newly created API Key and confirm that it only grants the Read Only permission
Copy the API Key and API Secret and paste them into CoinTracker
Visit the WazirX Download Reports page
Select Trading Report
Choose the current Financial Year timeframe
Select all transaction types to include them in your report
Click the Request Trading Report button
Check your email for the WazirX trading report
Import the WazirX trading report to CoinTracker
How are WazirX transactions taxed?
All crypto transactions on WazirX are taxable under Indian law and most international jurisdictions.
Capital Gains Tax
Applied when you sell, trade, or swap crypto:
Selling BTC/ETH/altcoins for INR
Trading one crypto for another
Converting crypto to stablecoins or fiat
Under Indian tax law (CBDT), crypto disposals are taxed at 30% on gains, with no deductions allowed (except cost of acquisition).
Income Tax
Applied when you earn crypto through:
Referral bonuses
Airdrops
Staking/Earn rewards
Promotional or sign-up rewards
CoinTracker automatically identifies both capital gains and income events to generate a complete tax summary.
Do I have to pay taxes on WazirX?
Yes.
All trading and income activity on WazirX is taxable under India's Virtual Digital Asset (VDA) rules.
You must report:
Spot trades (buy/sell)
P2P transactions
INR deposits and withdrawals
Crypto swaps
Earn or referral rewards
CoinTracker aggregates your activity across WazirX and other wallets to ensure every taxable event is captured accurately.
Does WazirX provide tax documents?
Partially.
WazirX offers CSV exports for:
Trade history
Deposit & withdrawal logs
P2P transaction history
However, it does not issue official tax forms such as:
Form 1099-MISC / 1099-B (U.S.)
HMRC CGT statements (UK)
ATO summaries (Australia)
Form 16 or VDA-specific forms (India)
CoinTracker automatically converts your CSVs into fully compliant, ready-to-file tax reports.
How to get your WazirX tax documents
Log in to your WazirX account.
Go to Account → Reports → Generate Reports.
Export the following files:
Trade history (all markets)
Deposit & withdrawal logs
P2P trade records
Referral & Earn rewards
Set your date range for the full tax year.
In CoinTracker, go to Add Account → WazirX → Upload CSV.
Upload your files — CoinTracker automatically merges them.
When did WazirX issue tax forms?
WazirX has not historically issued formal government tax forms.
Users are responsible for self-reporting crypto income and capital gains.
CoinTracker generates all equivalents automatically:
Form 8949 / Schedule D (U.S.)
HMRC CGT Summary (UK)
ATO CGT Schedule (Australia)
VDA Gain Report (India)
EU MiCA-compatible summaries
Why aren't my WazirX reports accurate?
Reports may appear incomplete if:
You exported only spot trades but not P2P or Earn data
Deposits and withdrawals aren't matched to trades
You used multiple subaccounts or wallets
Your CSVs were exported in the wrong date format
CoinTracker fixes these by reconciling on-chain data, fiat conversions, and historical prices, ensuring your report is complete and audit-ready.
Does WazirX automatically deduct taxes?
No.
WazirX does not withhold or pay taxes on your behalf.
Indian users must manually pay 30% tax on profits and 1% TDS (Tax Deducted at Source) on each crypto sale (as per CBDT 2022 rules).
CoinTracker helps calculate your total tax liability for easy filing.
Does WazirX report to tax authorities?
Yes — in India.
As a registered VDA exchange, WazirX complies with Indian KYC/AML and TDS reporting requirements.
This means some data may be shared with the Central Board of Direct Taxes (CBDT).
CoinTracker ensures your personal reports match the data WazirX may have disclosed.
Does WazirX provide financial or end-of-year statements?
Yes.
You can export:
Yearly trade summaries
P2P transaction history
Deposit/withdrawal reports
Referral reward logs
Import these into CoinTracker to automatically calculate capital gains, income, and end-of-year portfolio values.