How do I get my Binance API key?
- Log into your Binance account.
- In the top right corner of your profile, select API Management and then click Create Tax Report API.
- For Security verification, you need to click on "Send code" to get an E-Mail and a text message on your smartphone from Binance.
- Enter the received codes and confirm the Security verification with send.
- Leave the restrictions like it can be seen here:
- Copy your API key and your Secret.
Your Secret is now shown only once and available to copy!
- To import your data, you must first create an Integration in the Blockpit Web App.
To do so, click the top menu item on Add and select Add Integration.
- Select Binance from the list of exchanges, and then copy the API key and the secret into the designated fields. Confirm your entries by clicking Create.
If you still use an old standard API and not the new Tax Report API, you can simply create one according to the instructions above. Then copy the new API key and the secret into your existing Blockpit Integration. How this works exactly, you can read here.
Which data can be imported via Binance API?
Your complete transaction history always serves as the basis for your tax report. Preferably, automatic API solutions are used to import your transactions. Our team is committed to implementing all API data provided by your exchange for you.
Using the following list, you can identify all products that are implemented:
Crypto Deposits & Withdrawals
(Transfers between two Binance main accounts cannot be recorded through API)
Fiat Deposits & Withdrawals
Spot Market Trades
Buy Crypto via Card
Leverage Token Trades
Futures Trades PnL (Profit, Loss, Fee, Funding)
Dust to BNB Conversions
(incompletely available via API on exchange side)
Margin Trades & Loans (Cross & Isolated)
(Loans & Repays will temporarily be imported as Unlabeled Deposit and Unlabeled Withdrawal - These can retroactively be labeled as "Non-Taxable".)
Direct Converts / OTC Trades (P2P)
(Before every direct fiat to crypto conversion, an additional fiat deposit is imported due to the unsophisticated API on exchange side. These fiat deposits can be manually excluded from the tax report to solve Mismatched Fiat-Balance Issues)
Earn: Rewards & Distribution (Locked Staking, Launchpad Claims, Launchpool, BNB Vault, etc.)
(Locked Staking Rewards not available on exchange side via API before 05.05.2021 - Flexible Earn Rewards and below-mentioned products not fully available)
In case of missing transactions, you can identify them in the history of your exchange and help our support team via ticket to include them in our import spectrum.
Simple Earn: Flexible (Real-Time APR Rewards)
Dual-Invest* (Withdrawals on subscription date must be created manually)
Binance Pool Mining
Binance does not provide data for delisted assets and trading pairs via API.
You can find missing transactions by clicking on the corresponding product link in the list above and adding them to your Binance Integration manually, or by migrating your CSV data into our Excel template.
You can find your Dust to BNB conversions under the menu item "BNBConvert".
Binance only provides a limited number of your latest Dust to BNB transactions via API.
Missing transactions can be identified from the CSV file you receive by exporting your Binance Transaction Record and can be migrated as follows.
The transaction labels "Payment" and "Non-Taxable In" record the corresponding market value at the time of the transaction.
Use the filter function in the respective column to search for "Small Assets Exchange BNB". Also, avoid negative values in the Blockpit template.
Load the edited Blockpit - Manual Import Template into your integration.
Liquid Swap Shares
If your assets are not in the Spot Wallet but locked in the Launchpool, they will temporarily (until return) not be shown in the Synced Balance of your Blockpit Integration. However, this has no effect on the tax report, as no outflows (transactions) happen internally in your Binance Integration.