How do I connect my BitUBU account to CoinTracker?
To add your BitUBU transactions to CoinTracker:
Download the CSV export of your transactions from BitUBU
Reformat those transactions into our CoinTracker CSV format (see our support guide here)
Import your CSV export to CoinTracker here
How are BitUBU transactions taxed?
Crypto activity on BitUBU is taxable under current and emerging crypto regulations.
Capital gains tax: Applies when you sell, trade, or swap crypto assets. The taxable amount is the difference between your sale price and your original cost basis.
Income tax: Applies when you earn crypto through referral programs, staking, or promotional rewards. The value of the crypto at the time of receipt is treated as income.
CoinTracker tracks and calculates both types of taxable activity automatically, keeping your records ready for accurate filing.
Do I have to pay taxes on BitUBU?
Yes. If you've traded or earned crypto using BitUBU, you are responsible for reporting it under your country's tax laws.
In Turkey, crypto gains are generally considered capital income and may be taxable once new regulations take effect. You must report:
Crypto-to-crypto trades
Sales for fiat currency
Staking or referral rewards
CoinTracker ensures your BitUBU data is properly tracked and classified for compliant reporting.
Does BitUBU provide tax documents?
Yes. BitUBU provides transaction exports, trade histories, and account statements via your dashboard.
Although BitUBU does not issue official tax forms like 1099-MISC or 1099-B, you can upload these files to CoinTracker to generate accurate reports for your country's tax authority.
How to get your BitUBU tax documents
Log in to your BitUBU account.
Navigate to My Account → Reports → Trade History.
Choose your date range or tax year.
Click Export CSV to download your trading data.
Upload the CSV to CoinTracker, or connect via API (if available) to sync automatically.
When does BitUBU issue Form 1099-MISC, 1099-B, or 1099-DA?
BitUBU does not issue U.S. tax forms such as 1099-MISC, 1099-B, or 1099-DA, since it operates under Turkish and international jurisdiction.
However, users in the United States or other countries with crypto reporting obligations can still use CoinTracker to generate equivalent IRS or CRA-compliant reports.
Why aren't my BitUBU documents accurate?
Your BitUBU exports might not include:
Wallet transfers between exchanges
DeFi or off-platform income
Small trades or historical data before record-keeping improvements
CoinTracker consolidates your entire crypto portfolio — across BitUBU and other platforms — to ensure your reports are accurate and complete.
Does BitUBU automatically deduct taxes?
No. BitUBU does not withhold or deduct taxes from your trades or rewards.
You are responsible for reporting and paying taxes on your crypto activity.
CoinTracker automates this by generating detailed capital gains and income summaries tailored to your country's requirements.
Does BitUBU report to tax authorities?
Yes, in compliance with MASAK (Financial Crimes Investigation Board) and AML/KYC regulations in Turkey.
BitUBU may share user transaction data with authorities for anti-money laundering purposes.
CoinTracker helps ensure your reports match these disclosures to maintain accuracy and compliance with future tax laws, including the OECD Crypto-Asset Reporting Framework (CARF).
Does BitUBU provide financial or end-of-year statements?
Yes. You can generate annual trade summaries, transaction exports, and account statements from your BitUBU account dashboard.
Import these files into CoinTracker to automatically calculate your capital gains, income, and portfolio performance for each tax year.