How do I connect my Xverse account to CoinTracker?
To add Xverse wallet to CoinTracker, follow steps below:
Select the Blockchain you've transacted on using your Xverse wallet
Open to your Xverse app
Copy the public address of the selected blockchain
Paste the public address in the 'Public address' field
Select 'Add Xverse'
Repeat the above steps for each blockchain you've used with your Xverse wallet
What is Xverse Wallet?
Xverse is a non-custodial Bitcoin and Web3 wallet designed for the Stacks blockchain. It enables users to securely store, send, receive, and manage BTC, STX, Ordinals, BRC-20 tokens, and Bitcoin NFTs — all while maintaining full control of their private keys. Available on both mobile and browser extension, Xverse bridges the Bitcoin ecosystem with Web3 features such as DeFi, NFT minting, and Stacking (the Stacks version of staking) rewards.
Do I pay taxes on my Xverse Wallet transactions?
Yes. Any taxable crypto events made through Xverse — such as selling, swapping, or using crypto for payments — must be reported.
You may owe taxes on:
Capital gains/losses from selling or swapping BTC, STX, or tokens
Stacking rewards (taxable as income at the time received)
NFT sales or transfers (taxable as disposals)
BRC-20 token trades on supported Bitcoin layers
Even though Xverse is self-custodial, you are still responsible for accurately reporting your taxable crypto activity.
Does Xverse Wallet report to the IRS?
No. Xverse is a self-custodial wallet, meaning it does not collect user information, perform KYC verification, or issue 1099 tax forms. It does not directly report to the IRS or any tax authorities. However, transactions on Bitcoin and Stacks are public and can be analyzed if connected to identifiable accounts.
Can the IRS see my Xverse Wallet transactions?
Yes, potentially. While Xverse itself doesn't share user data, all transactions made on Bitcoin and Stacks blockchains are recorded publicly. If your Xverse wallet interacts with centralized exchanges or other wallets tied to your identity, those transactions can be traced through blockchain analytics.
Does Xverse Wallet have tax documents?
No. Xverse does not generate tax documents or CSV exports. To prepare your crypto taxes, connect your wallet's public Bitcoin and Stacks addresses to CoinTracker. The platform will automatically import your on-chain transactions and generate complete tax forms.
How do I get tax forms from Xverse Wallet?
To create your tax forms:
Copy your public Bitcoin and Stacks addresses from Xverse.
Add these addresses to CoinTracker under "Add Account → Wallet → Xverse."
CoinTracker will automatically import your on-chain data, calculate your gains, stacking income, and NFT activity, and generate tax-ready forms such as Form 8949 and Schedule D.
How are Ordinals, BRC-20, and NFTs in Xverse taxed?
Bitcoin Ordinals (NFTs): Selling or transferring Ordinals counts as a taxable event.
BRC-20 tokens: Swapping or trading these tokens triggers capital gains or losses.
NFT minting or airdrops: The value at receipt is taxable as income.
Stacking rewards (STX): Taxed as ordinary income when received, and capital gains apply upon sale.
CoinTracker automatically categorizes each of these activities for accurate reporting.