Exchange · API · CSV

BIT.TEAM taxes, from your trade history.

Connect BIT.TEAM with a read-only API key and HashBooks reads your trades. A file upload works too, through the HashBooks template.

  • Read-only
  • 8 country reports
  • Free to start
BI
Connection receiptIllustrative
From
BIT.TEAM
To
HashBooks ledger
Method
Read-only API key
Access
View only. No trading, no withdrawals
Brings in
Spot and other trades the API returns, Fees
Report
Form 8949 SA108 Schedule VDA myTax capital gains Schedule 3 Anlage SO Form CG1 IRAS income summary
Keys
AES-256-GCM, deleted on disconnect

Every row keeps its original record

How to connect

BIT.TEAM, step by step.

Pick the method that suits you — both land in the same ledger. Stuck? See connecting accounts in the help centre.

  1. Sign in to BIT.TEAM and open its API management page.
  2. Create a new API key and enable read (view-only) permission only. Leave trading and withdrawals switched off.
  3. In HashBooks, choose BIT.TEAM under Integrations and paste the API key and secret.
  4. HashBooks syncs your full history and keeps it up to date.

Taxed or not

BIT.TEAM activity, taxed or not.

For the country you picked at the top of the page.

What’s taxable on BIT.TEAM in United States
On BIT.TEAMTaxable in United States?How
Selling for cashYesCapital gain or loss; short- or long-term by holding period.
Swapping one coin for anotherYesA disposal of the coin you give up, at market value.
Moving to your own walletNoMoving between your own wallets and accounts.
Buying cryptoNoBuying with dollars sets your cost basis.
What’s taxable on BIT.TEAM in United Kingdom
On BIT.TEAMTaxable in United Kingdom?How
Selling for cashYesCapital Gains Tax above the £3,000 annual exempt amount.
Swapping one coin for anotherYesA disposal at market value.
Moving to your own walletNoMoving between your own wallets.
Buying cryptoNoBuying with pounds adds to your Section 104 pool.
What’s taxable on BIT.TEAM in India
On BIT.TEAMTaxable in India?How
Selling for cashYes30% plus 4% cess on the gain; 1% TDS on Indian exchanges.
Swapping one coin for anotherYesA transfer of the coin you give up, taxed at 30% plus cess; TDS applies on both legs.
Moving to your own walletNoMoving between your own wallets and exchanges.
Buying cryptoNoBuying with rupees sets your cost of acquisition.

What comes across

What HashBooks reads from BIT.TEAM.

  • Spot and other trades the API returns
  • Fees

Worked example

How the tax adds up.

A typical BIT.TEAM sale, as your tax office would treat it. These are example figures, not yours; HashBooks uses your own history for those.

Sell 1 ETH bought 14 months earlier

Illustrative · United States

Sell 1 ETH bought 14 months earlier, line by line
Proceeds$3,500
Cost basis (FIFO)−$2,000
Long-term gain$1,500
Tax at the 15% long-term rate$225

Held a year or less, the same gain would be taxed at your ordinary rate, for example 22%: $330. The full example in the help centre.

A £20,000 gain on a £40,000 salary

Illustrative · United Kingdom

A £20,000 gain on a £40,000 salary, line by line
Net gain£20,000
Less the annual exempt amount−£3,000
Taxable gain£17,000
£10,270 in the basic-rate band × 18%£1,848.60
Remaining £6,730 × 24%£1,615.20
Capital Gains Tax£3,463.80

Your salary decides how much of the gain falls in the 18% band. The full example in the help centre.

Sell BTC bought for ₹1,00,000

Illustrative · India

Sell BTC bought for ₹1,00,000, line by line
Sale value₹1,50,000
Cost of acquisition−₹1,00,000
Gain (the ₹500 fee isn’t deductible)₹50,000
Tax at 30%₹15,000
Cess at 4%₹600
Total tax₹15,600
Less 1% TDS already deducted−₹1,500
Balance at filing₹14,100

A loss on another coin wouldn’t reduce this: VDA losses can’t be set off. The full example in the help centre.

Your country

How BIT.TEAM activity is taxed where you live.

Change the country at the top of the page and these rules change with it. Every line links to the full explanation in the help centre.

United States · Form 8949

  • Selling, swapping or spending what you hold on BIT.TEAM. Selling, swapping or spending crypto is a capital gain or loss: short-term at 10–37% if held a year or less, 0, 15 or 20% if held longer. More on BIT.TEAM in United States
  • Moving coins to or from BIT.TEAM. Moving crypto between your own wallets and accounts isn’t taxable. More on BIT.TEAM in United States
  • Cost basis. Since 1 January 2025 cost basis is tracked per wallet or exchange; HashBooks uses FIFO, lot by lot. More on BIT.TEAM in United States

Full rules: the United States crypto tax guide in the help centre, or the United States overview.

United Kingdom · SA108

Full rules: the United Kingdom crypto tax guide in the help centre, or the United Kingdom overview.

India · Schedule VDA

  • Selling, swapping or spending what you hold on BIT.TEAM. Each sale or swap is a transfer taxed at a flat 30% plus 4% cess on the gain. Losses can’t be set off, and only the cost of acquisition is deductible. More on BIT.TEAM in India
  • Moving coins to or from BIT.TEAM. Moving crypto between your own wallets and exchanges isn’t a transfer. More on BIT.TEAM in India

Full rules: the India crypto tax guide in the help centre, or the India overview.

See the rules for your country.

At a glance

BIT.TEAM in brief.

BIT.TEAM at a glance
Listed jurisdictionUnited Kingdom
Marketsspot
How HashBooks connectsRead-only API key, or file
History it gives HashBookstrades
Websitebit.team
API documentationbit.team

Jurisdiction, markets and links as listed in the open-source ccxt library (4.5.85), which HashBooks uses to connect to exchanges.

Good to know

BIT.TEAM specifics.

  • BIT.TEAM’s API doesn’t return your deposits and withdrawals. Add them from a statement if they matter for your cost basis.
  • HashBooks prepares your report for the country where you file, not where BIT.TEAM is based, so gains on BIT.TEAM follow your own country’s rules.

Security

A read-only BIT.TEAM key, and nothing more.

HashBooks has no code that can trade, withdraw or transfer on BIT.TEAM. The key is encrypted with AES-256-GCM and deleted when you disconnect. How HashBooks keeps data safe.

Questions

BIT.TEAM, answered.

Does BIT.TEAM report my trades to the tax office?

Reporting depends on where BIT.TEAM is regulated and where you live, so don’t rely on it. Your return has to include every sale and swap across all your platforms, which is what HashBooks brings together.

Does HashBooks need trading permission on BIT.TEAM?

No. Create the BIT.TEAM key with read access only and leave trading and withdrawals off. HashBooks has no code that can trade or withdraw, and the key is encrypted with AES-256-GCM and deleted when you disconnect.

How do I get my BIT.TEAM transaction history for taxes?

Connect BIT.TEAM with a read-only API key and HashBooks pulls the history for you. You can also export a statement from BIT.TEAM and upload it with the HashBooks template.

Which HashBooks plan do I need for BIT.TEAM?

Connecting BIT.TEAM and seeing an estimated tax summary is free for up to 100 transactions across 3 connections. Filing reports for your country start on the Starter plan; see pricing.

Can HashBooks trade or withdraw on BIT.TEAM?

No. The key you create is view-only, and HashBooks contains no code that can trade, withdraw or transfer. It’s encrypted with AES-256-GCM and deleted the moment you remove BIT.TEAM.

Something else? Read all questions and answers, ask us or browse the help centre.

Ready?

BIT.TEAM today, the rest when you like.

Free to start. Read-only from the first click.

Esc

Try “Schedule VDA”, “Kraken”, “Form 8949” or “accountants”.

Sample report