How do I connect my Foxbit account to CoinTracker?
To add your Foxbit transactions to CoinTracker:
Download the CSV export of your transactions from Foxbit
Reformat those transactions into our CoinTracker CSV format (see our support guide here)
Import your CSV export to CoinTracker here
How are Foxbit transactions taxed?
Crypto transactions on Foxbit are taxable under Brazilian law.
Capital gains tax: Applies when you sell, trade, or exchange crypto assets. If your total monthly sales exceed R$35,000, you must pay capital gains tax ranging from 15% to 22.5%, depending on your profit amount.
Income tax: Applies when you earn crypto through staking, airdrops, or referrals. The market value of the crypto at the time of receipt counts as taxable income.
CoinTracker automatically calculates your gains and income from Foxbit, consolidating them with your other wallets and exchanges for accurate filing.
Do I have to pay taxes on Foxbit?
Yes.
All profits and income generated on Foxbit are taxable under Brazilian law. You must report:
Sales or swaps of crypto assets
Earnings from staking or referral programs
Holdings of crypto for your annual Imposto de Renda (Income Tax Return)
If your crypto activity exceeds the R$35,000/month exemption limit, CoinTracker helps you calculate the capital gains tax owed and generates all necessary summaries for Receita Federal reporting.
Does Foxbit provide tax documents?
Yes. Foxbit provides transaction exports and monthly trade statements from your account dashboard.
While it does not issue official forms like 1099-MISC or 1099-B, you can export your transaction history and upload it to CoinTracker to generate RFB-compliant reports for filing.
How to get your Foxbit tax documents
Log in to your Foxbit account.
Go to Minha Conta → Relatórios → Histórico de Transações.
Select your date range or ano fiscal (tax year).
Click Exportar CSV to download your trade history.
Upload the CSV file to CoinTracker, or connect via API (if available) for automatic syncing.
When does Foxbit issue Form 1099-MISC, 1099-B, or 1099-DA?
Foxbit does not issue U.S. tax forms such as 1099-MISC, 1099-B, or 1099-DA, as it operates under Brazilian regulations.
However, Brazilian users must still report crypto activity to Receita Federal through the GCAP program or their Imposto de Renda declaration.
CoinTracker automatically generates the required summaries and gain calculations for these filings.
Why aren't my Foxbit documents accurate?
Your Foxbit exports may be incomplete if they exclude:
Transfers between wallets or exchanges
Staking or off-platform income
Legacy transactions from before RFB reporting enforcement
CoinTracker consolidates your Foxbit trades, wallet movements, and crypto income to produce a complete and compliant tax report.
Does Foxbit automatically deduct taxes?
No. Foxbit does not withhold or pay taxes on behalf of users.
You are responsible for reporting your income and capital gains to Receita Federal.
CoinTracker simplifies this by generating detailed, localized reports formatted for GCAP and Imposto de Renda filings.
Does Foxbit report to tax authorities?
Yes.
Under Instrução Normativa RFB nº 1888/2019, Foxbit is required to report all crypto transactions to the Receita Federal do Brasil that exceed specific thresholds.
CoinTracker ensures your tax report matches the data submitted by Foxbit, preventing discrepancies and ensuring full compliance.
Does Foxbit provide financial or end-of-year statements?
Yes. Foxbit users can download monthly and annual statements summarizing trades, deposits, and withdrawals.
Import these statements into CoinTracker to automatically generate your capital gains, income, and portfolio performance reports for tax filing.