Are you confident in accurately reporting cryptocurrency earnings on your tax returns?

How do I report my 50x taxes?

You can report your 50x taxes by importing your historical trading data into CoinTracker. Even though the 50x exchange is no longer active, you can upload your exported trade history, CSV files, or wallet records to CoinTracker, which will automatically calculate your capital gains, income, and generate tax reports compliant with IRS, HMRC, CRA, and other international tax agencies.

How do I connect my 50x account to CoinTracker?

To add your 50x transactions to CoinTracker:

  1. Download the CSV export of your transactions from 50x

  2. Reformat those transactions into our CoinTracker CSV format (see our support guide here)

  3. Import your CSV export to CoinTracker here

How are 50x transactions taxed?

Crypto transactions on 50x are taxable under most international tax laws.

  • Capital gains tax: You owe taxes when you sell, trade, or convert cryptocurrencies. The taxable gain or loss is the difference between your selling price and your original cost basis.

  • Income tax: Applies when you earned crypto through referrals, staking, airdrops, or bonuses on 50x. The fair market value of the crypto when received is taxable as income.

CoinTracker automatically calculates both income and capital gains from your 50x activity, ensuring accurate, audit-ready reporting.

Do I have to pay taxes on 50x?

Yes. If you traded or earned crypto using 50x, you are legally required to declare those transactions for the years you used the exchange — even though it's no longer operating. This includes:

  • Crypto-to-crypto trades (e.g., BTC → ETH)

  • Sales for fiat currency

  • Staking or referral income

CoinTracker makes it easy to reconstruct your 50x history and generate correct tax reports for those transactions.

Does 50x provide tax documents?

50x previously allowed users to export trade histories and account statements from their dashboard, but it did not issue official tax forms (such as 1099s).

If you still have your CSV exports or archived data, you can upload them directly to CoinTracker to calculate your historical capital gains and crypto income.

If your records are missing, CoinTracker lets you manually recreate transactions based on wallet transfers or blockchain data.

How to get your 50x tax documents

  1. Search your email inbox or archives for any files labeled “50x Trade History,” “Deposit Confirmation,” or “Withdrawal Summary.” Locate your saved CSV exports or transaction emails.

  2. If available, use blockchain explorers (e.g., BTCScan, Etherscan) to confirm wallet deposits or withdrawals from 50x.

  3. Log in to CoinTracker.

  4. Go to Add Account → Manual Entry → Upload CSV.

  5. Upload your files or recreate your trades manually for tax calculation.

When did 50x issue Form 1099-MISC, 1099-B, or 1099-DA?

50x did not issue any U.S. tax forms such as 1099-MISC, 1099-B, or 1099-DA, since it operated as an offshore exchange.

U.S. taxpayers must still report their crypto transactions to the IRS.

CoinTracker automatically generates equivalent Form 8949, Schedule D, and income summaries for IRS reporting.

Why aren't my 50x documents accurate?

Incomplete or missing 50x data may be caused by:

  • Lost account access after the exchange shut down

  • Missing CSV exports or trade records

  • Untracked deposits or withdrawals between wallets

CoinTracker allows you to recreate or fill gaps in your 50x activity using other wallet and blockchain data to ensure complete, accurate reports.

Does 50x automatically deduct taxes?

No. 50x did not withhold or remit taxes on user activity.

You are responsible for self-reporting your crypto income and capital gains.

CoinTracker simplifies this by automatically generating the necessary forms for your country's reporting system.

Does 50x report to tax authorities?

No. 50x did not report user activity to tax authorities such as the IRS, HMRC, ATO, or CRA.

However, taxpayers are still required to report income and disposals from all crypto platforms.

CoinTracker ensures your filings are accurate and compliant even for historical, non-reporting exchanges like 50x.

Does 50x provide financial or end-of-year statements?

50x no longer issues account statements since the exchange ceased operations.

If you have archived exports, PDF statements, or email confirmations, you can upload them to CoinTracker to reconstruct your activity and create full year-end summaries.

Frequently asked questions

Get advice and answers from the CoinTracker team.

Calculate your 50x taxes automatically with CoinTracker