Log in to app.koinx.com -> Integrations -> Add Integration.
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Select BitForex
Search for BitForex and select it.
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Paste your keys and import
Paste your API Key and Secret Key into the respective fields and click Import Now.
Done. KoinX begins syncing your BitForex history. Large accounts may take a few minutes.
Once your BitForex data is in, head over to Tax Reports on KoinX - your capital gains, income breakdown, and country-specific crypto tax report are ready for you there.
Read Only is required - keys with broader permissions may be rejected by KoinX as a security measure.
Label the key as KoinX - naming the API key “KoinX” in BitForex helps identify which service is using it and avoids confusion when managing multiple keys.
Use Sync Now to pull the latest BitForex transactions into KoinX at any time from the Integrations panel.
What permissions does the BitForex API key need for KoinX?
Read Only permissions only. This gives KoinX access to your full transaction history without the ability to place trades or move funds. Never generate an API key with broader permissions for a third-party service.
Will BitForex show my Secret Key again after I leave the page?
No. BitForex displays the Secret Key only once at the time of creation. Copy it immediately and store it securely. If lost, delete the key from API Management and generate a new one.
Do I need to report my BitForex transactions for tax purposes?
Yes. Reporting your BitForex transactions for tax purposes is vital for compliance with tax regulations. Not reporting can invite audits on your portfolio and lead to penalties from the relevant authority in your region.
Does BitForex provide tax reports directly?
No. BitForex does not provide tax-ready reports. By connecting your BitForex account to KoinX via API key, your full transaction history is imported automatically and a compliant, country-specific tax report is generated within minutes.
Does KoinX support my country's crypto tax rules?
Yes. KoinX supports 100+ countries with dedicated report formats for India, the US, UK, Australia, Canada, Germany, and more. After importing your BitForex data, select your country to generate the correct report.
Confirm the key was generated with read-only permissions in BitForex -> Profile -> API Management. Delete the credentials in KoinX and re-enter both values carefully - copy directly from BitForex to avoid invisible characters.
Transactions are missing after sync
Ensure the full transaction history from your BitForex account creation date is included with no gaps. Trigger a manual re-sync from KoinX -> Integrations -> BitForex. If records are still missing, disconnect and reconnect with a fresh API key.
API sync keeps failing
Check the BitForex platform for ongoing maintenance. If the platform is operational, verify the key is still active under API Management. Regenerate if expired, re-enter credentials in KoinX, and trigger a fresh sync.
API connection worked before but stopped syncing
BitForex API keys can become inactive following account security changes. Log in to BitForex, check the key status under API Management, and regenerate if inactive. Update the new credentials in KoinX under Integrations -> BitForex -> Edit.
Perpetual futures or staking rewards are missing from KoinX
Confirm read-only permissions on the key include access to all account and product types. If trades are still missing after re-syncing, generate a new API key and reconnect in KoinX.
KoinX is showing duplicate BitForex transactions
Check KoinX -> Integrations for duplicate BitForex connections and remove any extras. If a file was previously uploaded for the same period, delete those transactions before re-syncing via API.