How do I connect my BHEX account to CoinTracker?
To add your BHEX transactions to CoinTracker:
Download the CSV export of your transactions from BHEX
Reformat those transactions into our CoinTracker CSV format (see our support guide here)
Import your CSV export to CoinTracker here
How are BHEX transactions taxed?
Crypto transactions on BHEX are taxable in most countries.
Capital gains tax: You owe taxes when you sell, trade, or convert crypto assets. The taxable amount equals the difference between your acquisition cost (cost basis) and the value at disposal.
Income tax: Applies if you earned crypto through referral rewards, staking, or liquidity provision on BHEX or HBTC. The value of the crypto at the time received is taxable income.
CoinTracker automatically identifies and calculates your gains and income from all BHEX transactions for accurate tax reporting.
Do I have to pay taxes on BHEX?
Yes. If you used BHEX to trade spot, futures, or margin products, your gains and losses are taxable. You must report:
Spot trades (e.g., BTC/USDT, ETH/BTC)
Perpetual swaps or futures contracts
DeFi yield or staking income
Crypto-to-crypto conversions or withdrawals
CoinTracker consolidates your trading data across BHEX and other exchanges to calculate realized profits, losses, and income.
Does BHEX provide tax documents?
BHEX did not issue official tax forms like 1099-MISC or 1099-B.
However, users could download trade history and transaction reports in CSV format before its rebranding.
If you still have your BHEX or HBTC exports, you can upload them to CoinTracker to automatically generate tax-compliant reports.
How to get your BHEX tax documents
Log in to your BHEX/HBTC account (if available).
Go to Account → Reports → Trade History.
Select your date range or tax year.
Click Export CSV to download your transactions.
Upload the CSV to CoinTracker, or connect via API if still supported.
When did BHEX issue Form 1099-MISC, 1099-B, or 1099-DA?
BHEX did not issue U.S. tax forms such as 1099-MISC, 1099-B, or 1099-DA, as it operated as a Singapore-based global exchange.
If you are a U.S. taxpayer, you must self-report your crypto income and gains from BHEX.
CoinTracker provides Form 8949, Schedule D, and equivalent summaries for compliant IRS filings.
Why aren't my BHEX documents accurate?
Your BHEX data might be incomplete if:
Some derivatives trades or futures positions were excluded from exports.
You made off-platform transfers or DeFi transactions linked to BHEX wallets.
The platform transitioned to HBTC, changing your trade history format.
CoinTracker reconciles this data using blockchain records and API integrations to ensure your tax report is complete and accurate.
Does BHEX automatically deduct taxes?
No. BHEX did not withhold or remit taxes for users.
You are responsible for declaring and paying taxes on your crypto gains, income, and futures profits.
CoinTracker automates this by calculating realized gains, income, and cost basis across all your BHEX and HBTC transactions.
Does BHEX report to tax authorities?
No. BHEX did not report directly to tax authorities such as the IRS, HMRC, or ATO.
However, it may have complied with KYC/AML requirements through its custodial infrastructure.
CoinTracker ensures your self-reported tax filings align with your complete transaction record, minimizing audit risks.
Does BHEX provide financial or end-of-year statements?
Yes. BHEX offered annual trading summaries and account statements before rebranding to HBTC.
If you have access to these files, upload them to CoinTracker to generate your capital gains, income summaries, and portfolio performance reports automatically.