How do I connect my QuickBitcoin account to CoinTracker?
To add your QuickBitcoin transactions to CoinTracker:
Download the CSV export of your transactions from QuickBitcoin
Reformat those transactions into our CoinTracker CSV format (see our support guide here)
Import your CSV export to CoinTracker here
How are QuickBitcoin transactions taxed?
Crypto transactions made through QuickBitcoin are taxable under UK law.
Capital gains tax (CGT): Applies when you sell, spend, or swap Bitcoin (BTC). Your gain is the difference between what you paid (cost basis) and what you received when you sold or used it.
Income tax: Applies when you earn crypto (e.g., from mining, staking, or airdrops), but not typically from standard BTC purchases through QuickBitcoin.
CoinTracker automatically calculates your cost basis and realized gains across all transactions, including QuickBitcoin activity, to produce an HMRC-ready report.
Do I have to pay taxes on QuickBitcoin?
Yes.
Under HMRC guidelines, any disposal of crypto — even from a simple buy-and-sell platform like QuickBitcoin — can trigger a capital gains tax event.
You must report:
Bitcoin sold for GBP
Bitcoin traded for another cryptocurrency
Bitcoin used to make purchases
CoinTracker helps you determine your allowable costs, pooled acquisition value, and taxable gains according to UK share-pooling rules.
Does QuickBitcoin provide tax documents?
QuickBitcoin did not issue official tax forms (like Form 1099s in the U.S.).
However, you could export order confirmations or email receipts showing your BTC purchase price, amount, and transaction date.
These can be uploaded to CoinTracker, which automatically organizes them into compliant capital gains and income summaries for HMRC reporting.
How to get your QuickBitcoin tax documents
Search your email inbox for messages from QuickBitcoin.co.uk.
Locate order confirmations, purchase receipts, or Bitcoin send confirmations.
Record the BTC amount, GBP cost, and transaction date for each trade.
Log in to CoinTracker.
Go to Add Account → Manual Entry → Add Transactions.
Enter or upload your QuickBitcoin data for automated gain calculations.
When does QuickBitcoin issue tax forms like Form 1099 or HMRC reports?
QuickBitcoin did not issue formal tax documents or HMRC reports.
UK taxpayers are responsible for self-reporting their crypto activity under the Self Assessment system.
CoinTracker generates the necessary reports, including:
Capital Gains Summary
Section 104 Pooling Records
Disposal Summaries for submission to HMRC.
Why aren't my QuickBitcoin records accurate?
QuickBitcoin data may be incomplete if:
You no longer have access to email confirmations
BTC was transferred to wallets without proper notes
Subsequent sales occurred on other platforms
CoinTracker consolidates your QuickBitcoin purchases with your wallet and exchange sales data, ensuring a complete tax picture across all disposals.
Does QuickBitcoin automatically deduct taxes?
No. QuickBitcoin did not deduct or remit taxes on behalf of users.
All UK crypto traders must self-assess their taxable activity each tax year.
CoinTracker simplifies this process by generating reports compatible with HMRC's online filing system.
Does QuickBitcoin report to tax authorities?
No. QuickBitcoin did not share customer data with HMRC.
However, UK regulators now require exchanges and brokers to maintain KYC and AML records.
CoinTracker ensures your tax filings are accurate and ready in case of future audits or compliance checks.
Does QuickBitcoin provide financial or end-of-year statements?
QuickBitcoin did not issue annual statements, but users can reconstruct them using purchase confirmations and BTC transfers.
CoinTracker lets you upload or enter this data manually to create end-of-year summaries showing your total purchases, disposals, and portfolio performance.