Exchanges
December 1, 2023
Preparing your Bitstamp Taxes
Summ has integrated Bitstamp into our platform to help users easily calculate their cryptocurrency tax obligations. Users can upload via an API or CSV import following the instructions in this guide.
Summ This tax guide is regularly updated: Last Update January 29, 2024
Summ allows you to upload Bitstamp data by two methods: an API or CSV upload. Uploading your transactions allows Summ to calculate your Bitstamp tax obligation.
Uploading your crypto transactions with an API
On Bitstamp:
- Login to your account and navigate to the API section under Account settings. �IMG0�
- Create a new API key. �IMG1�
- Under General permissions select 'View account balances' and 'View your transactions'
- Under Earn select 'View and manage Earn functionality'.
- Enter your password if required.
- Copy and save the API + Secret keys provided;
On Summ:
- Login and navigate to the integrations page.
- Select 'Add integration' and find Bitstamp. �IMG2�
- Import Bitstamp API �IMG3�
- Paste your API key and secret key and press Import.
- The process might take a few minutes to upload all your data but in the meantime, you can work on uploading your other exchange data.
Uploading your crypto transactions with a CSV upload
On Bitstamp:
- Log in to your Bitstamp account.
- Go to the Transactions page by clicking the user icon in the top-right corner, then 'Activity', and then 'Transaction history' in the left sidebar (https://www.bitstamp.net/account/transactions). �IMG4�
- Click the 'Open export options' button.
- Select the 'Date range' that covers all your transaction history.
- Choose 'All' for the currencies.
- Choose 'All' for the Transaction types.
- Choose 'RFC 4180 (new)' for the CSV format.
- Click the 'Export selection' button to download the CSV file. �IMG5�
On Summ:
- Login and navigate to the integrations page.
- Select ‘Add integration’ and find Bitstamp.
- Drag and drop the CSV to import your Bitstamp transactions. �IMG6�
- The process might take a few minutes to upload all your data but in the meantime, you can work on uploading your other exchange data.
Wrapping Up
These two options are all you need to get started on your Bitstamp and other crypto taxes. If for whatever reason you are missing some transactions that can’t be uploaded you can manually add them in the review transactions page.