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Crypto tax reporting with Blockpit

In many countries, Bitpanda does not act as a tax withholding agent. This means that the responsibility for reporting crypto‑asset transactions for tax purposes remains entirely with you.

To support you in preparing your tax reporting, Bitpanda offers an integration with Blockpit, a platform specialised in generating crypto tax reports.

What is Blockpit and how it works with Bitpanda

Blockpit is a platform that helps track crypto‑asset transactions and generate tax reports based on the applicable tax rules for your country of residence. By connecting your Bitpanda account, Blockpit automatically imports your transactions, categorises them, and calculates relevant taxable events such as capital gains, losses, and income (for example from staking).

Even though Blockpit structures reports based on the selected tax jurisdiction, you remain responsible for the accuracy and completeness of the data used for your tax declaration.

Connecting your account and importing transactions

  • You can access Blockpit directly from your Bitpanda account
  • Your Blockpit account is created and activated during your first access
  • During setup, you will be asked to specify your tax residence
  • All Bitpanda transactions are imported automatically

No manual action is required to import your Bitpanda transactions.

Generating your tax report

To generate a tax report:

  1. Log in to Blockpit
  2. Open the Reports section
  3. Select the relevant tax year
  4. Generate the report for your tax declaration

The report may include:

  • Capital gains and losses
  • Income from staking or similar activities
  • Asset values required for tax reporting purposes

Service availability

The Blockpit integration is only available for certain tax residences. Availability may vary depending on your country and local tax regulations.

During the Blockpit setup, you will be asked to confirm your tax residence. Based on this information, Blockpit will only show the reporting options available for your country.

If a specific jurisdiction is not supported, it will not be possible to generate a tax report via Blockpit.

Is Blockpit compliant with local tax regulations?
Blockpit structures its reports based on the tax rules applicable to the selected jurisdiction. However, Bitpanda does not verify or guarantee the correctness, completeness, or suitability of the reports for your individual tax situation.
How are crypto capital gains treated for tax purposes?
The tax treatment of crypto‑asset gains depends on the applicable tax laws and your individual circumstances. Blockpit processes data based on the selected tax rules, but you remain responsible for correct reporting.
Are tax exemptions or thresholds applied?
The existence of tax exemptions or thresholds depends on the applicable legislation for the relevant tax year. To understand how these rules apply to your situation, you should consult a qualified tax professional.
Can losses be offset against gains?
Depending on the applicable tax laws, losses may in some cases be offset against gains. Conditions and limits depend on local legislation and individual circumstances.
Is staking income taxable?
The tax treatment of staking rewards depends on local tax rules and how the income is classified in your specific case. Blockpit includes these transactions in its reports, but correct tax treatment remains your responsibility.
Can I use Bitpanda CSV or PDF files for tax reporting?
CSV or PDF files provided by Bitpanda are intended for informational purposes only. They do not constitute a tax report and do not replace the documentation required for tax declarations.

Important note

Bitpanda does not provide tax advice and does not verify data processed by Blockpit. Responsibility for tax reporting remains with you.

For tax‑specific questions, please consult a qualified tax professional.