Quick Summary Box:
Category | Information |
Supported Methods | API |
Estimated Time | 5 to 10 minutes |
Platforms Supported | Web |
Filing Support | 100+ Countries |
Ideal For | Investors, Stakers, Traders |
Get Started |
Bitunix is a growing crypto trading platform that focuses on derivatives and high-liquidity trading pairs. Designed for traders who rely on advanced tools and fast execution, Bitunix offers a streamlined web-based experience for efficient crypto trading.
However, frequent trades and complex positions can complicate tax reporting. That’s where KoinX helps. By connecting your Bitunix account through a secure API integration, KoinX automatically imports your complete transaction history and converts it into a clear, region-specific tax report. This allows you to stay compliant with tax regulations across 100+ countries without manual calculations.
How to Integrate Bitunix with KoinX?
Here’s how you can integrate Bitunix with KoinX:
Step 1: Log in to your Bitunix account.
Step 2: Click on your profile icon at the top-right corner and select “API” from the menu.
Step 3: On the API page, click on API Management.
Step 4: On the API Management page, click the ”Create API” button.
Step 5: Fill in the required details:
- Note: Enter a name like “KoinX” so you can easily recognise the API later.
- Purpose: Select Bind Third-Party App.
- Permissions: Keep the default option set to Read-only.
Step 6: Complete the security verification using your linked authentication method.
Step 7: Click Submit. Once done, your API Key and Secret Key will appear. Copy both keys and store them securely, as you’ll need them to complete the KoinX integration.
Step 8: Log in to your KoinX account using your credentials.
Step 9: Once logged in, navigate to the Integration page.
Step 10: On the Integration page, click Add Integration, then in the search bar, type Bitunix and select the Bitunix icon below.
Step 11: Add in the following details:
- API Key: Paste the API Key you generated in the previous step.
- API Secret: Paste the API Secret key you generated along with the API Key.
You can also choose a start date to decide from which point your transactions should be imported. This helps ensure that all relevant trading history is included before starting the import.
Step 12: Review all the keys and paraphrase properly. Once satisfied, click on Import Now.
Step 13: Allow KoinX to import all your transactions from Bitunix to its platform
What to Do After Integration?
Once your data is fetched on KoinX, you can do the following things:
Review Transactions:
Once the API sync is complete, navigate to the “Transactions” section in your KoinX dashboard. All your Bitunix trades, positions, and settlements will appear here. Review the list to confirm that the data reflects your full trading activity for the selected financial year.
Verify Auto-Classification Activities:
KoinX automatically categorises your Bitunix transactions based on activity type, such as trades or internal transfers. Manual categorisation isn’t required. A quick review ensures that each transaction has been correctly identified before generating your tax report.
Generate Tax Reports:
Head to the “Tax Reports” tab, select your country and financial year, and generate your Bitunix tax report. KoinX applies the relevant tax rules for your region and prepares a downloadable report suitable for filing or sharing with a tax professional. Generate your Bitunix crypto tax reports today and enjoy up to 30% off.
File Your Crypto Taxes With Confidence:
Use your KoinX-generated report to file taxes directly with the relevant tax authority or submit it to your accountant. With all Bitunix transactions accurately captured, you can file confidently without worrying about missing or misreported data.
Common Errors and Troubleshooting
Invalid API Key or Secret: Ensure that the API key and secret are copied correctly from Bitunix. Even a minor mismatch can prevent successful integration.
Insufficient API Permissions: Your API key must have read-only access to trades and transaction history. Missing permissions may result in incomplete data import.
Expired or Revoked API Key: If the API key expires or is manually revoked, syncing will stop. Generate a new key on Bitunix and update it in KoinX.
Partial Data Sync: Large trading histories may take extra time to sync. Wait for the process to complete fully before reviewing your transactions.
Temporary Exchange Downtime: During maintenance, API calls may fail. Check the exchange status and retry integration once services resume.
If the issue continues, contact KoinX support or visit our Help Centre.
Need Help?
Having trouble connecting your Bitunix account to KoinX?
- Visit our Help Centre
- Reach out to us on Twitter
- Email us at support@koinx.com
- Chat with us directly via live support from your dashboard
Frequently Asked Questions
How To Get Tax Info From Bitunix?
Bitunix does not provide tax-ready documents or reports. However, you can generate your tax information by integrating your Bitunix account with KoinX using the API. KoinX automatically fetches your transaction history, calculates gains or losses, and generates a compliant tax report that you can use for filing with your local tax authority.
Does Bitunix Report To Tax Authorities?
Yes, Bitunix may share transaction data with tax authorities when required by law. Many countries mandate crypto exchanges to comply with regulatory and reporting obligations. Additionally, blockchain transactions are publicly traceable, enabling governments to monitor crypto activity. Accurately reporting your Bitunix transactions using KoinX helps ensure compliance and reduces the risk of penalties.
Does Bitunix Use KYC?
Yes, Bitunix requires users to complete Know Your Customer (KYC) verification to access full platform features. Completing KYC allows higher withdrawal limits, access to advanced trading tools, and participation in promotional programs. KYC also enhances platform security and aligns Bitunix with global regulatory and compliance standards.