How to connect Binance exchange with TaxNodes?

Modified on Mon, 21 Aug 2023 at 01:51 PM

Hey there! If you use Binance, follow these steps to connect it with your TaxNodes account.


First, you need to download your Trade Report from Binance and then upload it on TaxNodes. 


Follow the below steps to download the report,


1. Login to your Binance account.



2. Once you have logged in to your account, go to the ‘wallet’ section from the top-right menu of the screen.


3.Now select the ‘transactions history’ option from the drop-down menu of the wallets page.


4. Here on the ‘Transactions History’ page, you will see an option to download your report named ‘Export Transactions Records’.


5. When you click on the ‘Export Transactions Records’, you will get a pop-up like this.


6. Here you must select a custom period to download your reports.


Remember that this time range allows you to select only up to 12 months of data at one time. So if you have entries for multiple years, you must download multiple reports, one for every year.


7. Once you have selected your time range, click on ‘Continue.’


8. Now click on ‘Generate’.


After you click generate, generating the report might take up to three hours. Typically it takes a few minutes to generate the report.


9. Once the report has been generated, click ‘download’ and have a Zip file on your system.

(Please note that you can ONLY generate 5 reports PER MONTH. So be sure to get ALL YOUR TRANSACTION DATA in these reports)


10. Once you have the Zip file on your computer, go to the ‘downloads’ section of your computer and unzip the file extracting the file.


11. You will see one CSV file with all your Binance transactions; you can now upload the file on TaxNodes.


12. To upload on TaxNodes, click ‘Binance’ from the ‘Connections’ page.


13. Click on upload document and upload your Excel sheet.


14. Hit the ‘import transactions’ button and your Binance transactions will begin to sync with TaxNodes.



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