> ## Documentation Index
> Fetch the complete documentation index at: https://guides.koinx.com/llms.txt
> Use this file to discover all available pages before exploring further.

# How to Generate Your BW Tax Report with KoinX

> Connect your BW Exchange account to KoinX in a few steps to generate tax reports compliant with your local jurisdiction.

<Info>
  **API**  ·  **5-10 min**  ·  Spot · Deposits · Withdrawals  ·  **100+ countries**
</Info>

## What's covered

<CardGroup cols={2}>
  <Card title="Spot trades" color="#0066CC" icon="arrow-right-arrow-left">
    Buy, sell, and conversions.
  </Card>

  <Card title="Staking and Rewards" color="#0066CC" icon="piggy-bank">
    Staking income and reward distributions.
  </Card>

  <Card title="Deposits and Withdrawals" color="#0066CC" icon="building-columns">
    On-chain deposits and withdrawals.
  </Card>

  <Card title="Trading Fees and Rebates" color="#0066CC" icon="receipt">
    Fee records and trading rebates.
  </Card>
</CardGroup>

## Before you start

<CardGroup cols={2}>
  <Card title="BW account" icon="building-columns">
    Active account with transaction history.
  </Card>

  <Card title="KoinX account" icon="sparkles" href="https://app.koinx.com/get-started">
    Free account - no credit card needed.
  </Card>
</CardGroup>

***

## Connect BW to KoinX

**API Key syncs your full BW transaction history automatically - no file exports needed.**

<Tabs>
  <Tab title="API Key">
    ## Generate your BW API key

    <Steps>
      <Step title="Log in to BW">
        Go to [bw.com](https://www.bw.com) and sign in to your account.
      </Step>

      <Step title="Open API Integration">
        Click the **profile icon** in the top right corner and select **API Integration**.
      </Step>

      <Step title="Create a new API key">
        Click **Create API Key**.
      </Step>

      <Step title="Select Read Only and create">
        Select **Read Only** and click **Create API Key**.

        <Warning>
          Select **Read Only** permissions only. Never enable trading or withdrawal permissions on an API key connected to a third-party service.
        </Warning>
      </Step>

      <Step title="Copy your API key and Secret Key">
        Copy both your **API Key** and **Secret Key** and store them securely. The Secret Key is shown only once.
      </Step>
    </Steps>

    ## Connect BW to KoinX

    <Steps>
      <Step title="Open KoinX Integrations">
        Log in to [app.koinx.com](https://app.koinx.com) -> **Integrations** -> **Add Integration**.
      </Step>

      <Step title="Select BW">
        Search for **BW** and select it.
      </Step>

      <Step title="Paste your keys and import">
        Paste your **API Key** and **Secret Key** into the respective fields and click **Import Now**.
      </Step>
    </Steps>

    <Check>
      **Done.** KoinX begins syncing your BW history. Large accounts may take a few minutes.
    </Check>

    Once your BW data is in, head over to [Tax Reports](https://app.koinx.com/tax-report) on KoinX - your capital gains, income breakdown, and country-specific crypto tax report are ready for you there.

    ## API key notes

    <Note>
      * **Read Only is required** - keys with broader permissions may be rejected by KoinX as a security measure.
      * **Secret Key is shown once only** - copy it immediately at the time of creation and store it securely.
      * **Sync from account creation date** - transaction history must cover the full period from when you opened your BW account with no gaps.
    </Note>
  </Tab>
</Tabs>

***

## Frequently asked questions

<AccordionGroup>
  <Accordion title="What permissions does the BW 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.
  </Accordion>

  <Accordion title="Will BW show my Secret Key again after I leave the page?">
    No. BW 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 Integration in your profile and generate a new one.
  </Accordion>

  <Accordion title="Do I need to report my BW transactions for tax purposes?">
    Yes. If you have a BW account and use it for crypto transactions and generating profits, you must file taxes. Follow the tax regulations set by the relevant authority in your region.
  </Accordion>

  <Accordion title="Does BW provide tax reports directly?">
    No. BW does not provide tax-ready reports. By connecting your BW account to KoinX via API key, your full transaction history is imported automatically and a compliant, country-specific tax report is generated within minutes.
  </Accordion>

  <Accordion title="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 BW data, select your country to generate the correct report.
  </Accordion>
</AccordionGroup>

***

## Troubleshooting

<AccordionGroup>
  <Accordion title="API key error on connection">
    Confirm Read Only is selected in **BW** -> **Profile** -> **API Integration**. Delete the credentials in KoinX and re-enter both values carefully - copy directly from BW to avoid invisible characters.
  </Accordion>

  <Accordion title="Transactions are missing after sync">
    Ensure the transaction history covers the full period from your BW account creation date with no gaps. Trigger a manual re-sync from **KoinX** -> **Integrations** -> **BW**. If records are still missing, disconnect and reconnect with a fresh API key.
  </Accordion>

  <Accordion title="API sync keeps failing">
    Check the BW platform for ongoing maintenance. If the platform is operational, verify the key is still active under **Profile** -> **API Integration**. Regenerate if expired, re-enter credentials in KoinX, and trigger a fresh sync.
  </Accordion>

  <Accordion title="API connection worked before but stopped syncing">
    BW API keys can become inactive following account security changes. Log in to BW, check the key status under **Profile** -> **API Integration**, and regenerate if inactive. Update the new credentials in KoinX under **Integrations** -> **BW** -> **Edit**.
  </Accordion>

  <Accordion title="Wrong permissions were selected during API creation">
    Delete the existing key from **BW** -> **Profile** -> **API Integration**, generate a new key with Read Only permission only, and reconnect in KoinX with the new credentials.
  </Accordion>

  <Accordion title="KoinX is showing duplicate BW transactions">
    Check **KoinX** -> **Integrations** for duplicate BW connections and remove any extras. If a file was previously uploaded for the same period, delete those transactions before re-syncing via API.
  </Accordion>
</AccordionGroup>

***

## Related integrations

<CardGroup cols={2}>
  <Card title="Bybit Integration" icon="bolt" href="/integration/bybit">
    Connect Bybit via API key or file upload.
  </Card>

  <Card title="Binance - File Upload" icon="chart-bar" href="/integration/binance">
    Export Binance CSVs for Spot, P2P, Earn, and Options.
  </Card>

  <Card title="Bitget - API Upload" icon="key" href="/integration/bitget">
    Connect Bitget via Tax API Key or Normal API Key.
  </Card>

  <Card title="OKX Integration" icon="chart-line" href="/integration/okx">
    Sync OKX trades and earn history via API or CSV.
  </Card>
</CardGroup>

<Card title="Ready to generate your BW crypto tax report?" color="#6366f1" icon="rocket" href="https://app.koinx.com/get-started">
  Create a free KoinX account - no credit card required. Import your BW transactions and generate a country-specific tax report in minutes.
</Card>