How to Download Coinbase Transaction History
It’s fundamental for all Coinbase users to access their transaction history anytime they want.
If you trade, buy, sell, transfer or pay with any cryptocurrency (such as Bitcoin) using Coinbase or any other exchanges, then it’s fundamental to understand the importance of controlling the transactions in your Coinbase account.
That’s why it is in your best interest to read this guide and get more information about:
- How to see your Coinbase transaction history;
- Further assistance during the whole process;
- Why you should generate and download your transaction history report in Coinbase.
Why is it Important to Download your Coinbase Transactions History?
There are some main reasons why it’s fundamental to generate your Coinbase Transaction History, and they are all related to tax purposes.
Each Coinbase customer needs to fill tax forms, whether if they live in the United States or another country.
US customers Need to Fulfil Local Tax Obligations
Whether you earned or lost money, it’s fundamental to report this to the IRS if you are US citizen.
Issuing the IRS Form 1099-MISC is Necessary
Fortunately for each US person eligible for taxes, Coinbase does issue the IRS form necessary for rewards, fees, and other transactions.
The company recommends connecting all the accounts with CoinTracker, so they are able to calculate your income as well as the cost basis for your transactions.
Either way, if you earned more than $600 in Coinbase, USDC rewards, and more, you will receive a message indicating you need to resolve the 1099-MISC tax forms (IRS).
What About Non-US Customers?
On the other hand, note that all accounts that are not present in the United States will not directly receive taxes reports forms.
In that case, the report related to your account will be linked to the cryptocurrency taxes laws of your country.
So, you need to calculate your income, deposits, cost basis, and more based on your local cryptocurrency tax obligations.
Be sure to check all the forms related to this matter.
How to Download Your History in Your Coinbase Account
Now, let’s generate your transaction history. If you want to access your transaction history, follow the following steps.
Keep in mind that Coinbase is always committed to always protect the security and privacy of your Coinbase account.
Step 1: Sign in to Coinbase and Look for the Menu
First, you need to sign in to your Coinbase account and navigate the site. Here you need to find your profile icon or navigate to your Account Settings:
Step 2: Select the “Reports” Option
Once you are there, you need to find the “Reports” option in order to access your income and transaction history:
Step 3: Click on “Generate Report”
There you will find the Transaction History options related to each Crypto you have managed over a certain period of time:
You can filter by Transaction Type or dates, but keep in mind that this will only show your transactions in Coinbase and not in other cryptocurrency exchanges.
Step 4: Generate and Download the Crypto Report
Once you are here, click or tap on “Generate Report” on Coinbase:
You can choose to download it as a PDF file or a CSV Crypto report in Coinbase - it’s your choice:
That’s how you prepare your transaction history in Coinbase.
Remember that all the crypto transactions you make need to be reported according to the specific laws of the country you live in.
It’s fundamental to get educated regarding these crypto laws, so you don’t have any problem related to your Coinbase history.
If you want to read more info about the Crypto World or Coinbase, remember to constantly check our website!
Coinbase Transaction History FAQ
Does Coinbase Keep Track of Transactions?
Yes, it does. It’s a way to provide a sense of security for all customers. Coinbase understands the need to file tax reports all over the world, which is why you can always access your history.
Can You Delete Transaction History in Coinbase?
You can request the deletion of all of your info once you close your Coinbase account. Still, keep in mind that the platform might ask you to withdraw all of your funds before doing that.
Does Coinbase Report to the IRS?
Yes, it does. That’s why it’s utterly essential to properly manage your transaction history if you live in the United States.
Karen is a senior technical writer and copywriter here at GrowFollowing. Her area of expertize are social media apps and new media.