How do I connect my Float SV account to CoinTracker?
To add your Float SV transactions to CoinTracker:
Download the CSV export of your transactions from Float SV
Reformat those transactions into our CoinTracker CSV format (see our support guide here)
Import your CSV export to CoinTracker here
How are FloatSV transactions taxed?
Crypto transactions made through FloatSV are taxable under most countries' laws.
Capital gains tax: Applies when you sell, trade, or swap crypto assets. Your gain or loss equals the difference between your purchase price (cost basis) and sale price.
Income tax: Applies if you earned crypto through airdrops, rewards, or promotions on FloatSV. The fair market value at the time of receipt is treated as taxable income.
CoinTracker automatically classifies your FloatSV transactions and calculates both income and capital gains for accurate reporting.
Do I have to pay taxes on FloatSV?
Yes.
If you used FloatSV to buy, sell, or trade crypto, those transactions are considered taxable events in most jurisdictions.
Examples include:
Selling crypto for USD, HKD, or another fiat currency
Trading between crypto pairs (e.g., BSV/BTC or BSV/USDT)
Receiving crypto as part of promotions or bonuses
CoinTracker automatically tracks your FloatSV trades, cost basis, and proceeds to generate detailed tax-ready reports.
Does FloatSV provide tax documents?
FloatSV provides transaction reports and trading history exports to users via the platform dashboard.
However, it does not issue official tax forms (like 1099s) because it operates under international and offshore regulations.
You can download your FloatSV CSV exports and upload them directly to CoinTracker for automated gain and income calculations.
How to get your FloatSV tax documents
Log in to your FloatSV account.
Go to Account → Reports → Trade History.
Choose your date range or tax year.
Click Export CSV to download your transaction history.
Upload your file to CoinTracker for automatic syncing and tax calculations.
When does FloatSV issue Form 1099-MISC, 1099-B, or 1099-DA?
FloatSV does not issue U.S. tax forms such as 1099-MISC, 1099-B, or 1099-DA.
It operates internationally, primarily serving BSV markets and non-U.S. customers.
U.S. taxpayers must still self-report their FloatSV trades.
CoinTracker can generate equivalent Form 8949, Schedule D, and income summaries for IRS reporting.
Why aren't my FloatSV documents accurate?
Your FloatSV data may appear incomplete if:
You made withdrawals or deposits not reflected in your trading exports
Some transactions occurred before platform updates
Internal transfers or off-platform staking rewards weren't included
CoinTracker allows you to merge your FloatSV data with other wallets and exchanges for complete, reconciled records.
Does FloatSV automatically deduct taxes?
No. FloatSV does not withhold or deduct taxes on user transactions.
You are responsible for declaring and paying taxes on your crypto gains and income.
CoinTracker automates this process by generating country-specific tax summaries ready for submission.
Does FloatSV report to tax authorities?
No, not by default.
FloatSV is a global exchange with operations based in Asia, and it does not currently report user transactions to the IRS, HKIRD, or other national tax agencies.
However, future compliance with the OECD's Crypto-Asset Reporting Framework (CARF) may require limited disclosures.
CoinTracker ensures your self-reported tax filings align with evolving regulations.
Does FloatSV provide financial or end-of-year statements?
Yes. FloatSV users can export annual summaries, order histories, and trade logs directly from their account.
Import these into CoinTracker to generate accurate capital gains, income, and portfolio performance reports for your chosen tax year.