Creating a Bitbns API key is an easy process. Here’s Step to Step Guide on how you can do it:
- Go to Bitbns.com, Sign into your Bitbns account with your Credentials.
- Click on ‘more’ option in the main bar.
- From the available choices, select ‘API trading’.
- Proceed by clicking on ‘get new keys’.
- Choose between “Read Only” or “Read+Write” access for your API key.
- Click on ‘create new key’ to generate your new API keys.
- Carefully copy both the API public key and the secret key for later use.
How Does Cryptocurrency Tax Software Help you to calculate your Bitbns Taxes?
Well, first up, once Catax teams up with the Bitbns API, it grabs all your trading details automatically. You won’t have to stress about jotting down every buy or sell because Catax keeps track of it all for you. This means less headache and no mistakes.
Then, using the info from Bitbns API, Catax figures out how much your crypto was worth when you bought it. Why does this matter? Because you need to know this to work out if you’ve made or lost money when you sell. And Catax nails this part, so your taxes are spot on.
Also, the Bitbns API helps Catax stay updated on what your crypto is worth right now. This is super handy for making smart choices about when to trade, with an eye on saving on taxes.
Last but not least, Catax uses your Bitbns API data to whip up tax reports that are just what the tax folks want to see. You get to walk into tax season prepared, with all your ducks in a row.
In short, when Catax and the Bitbns API team up, they take the tax troubles off your plate, so you can focus on your crypto moves without the tax time terrors.
Safeguard your keys: Treat your Bitbns API and secret keys like precious passwords. As soon as you have them, secure them. A password manager is handy, but if you prefer pen and paper, choose a safe spot that only you know about.
What should you do with your newly created Bitbns API Key and Secret Key?
Safeguard your keys: Treat your Bitbns API and secret keys like precious passwords. As soon as you have them, secure them. A password manager is handy, but if you prefer pen and paper, choose a safe spot only you know about.
Connect with Catax: With your keys in a safe place, it’s time to link your Bitbns account with Catax. Head to the Catax platform, find the section to connect exchanges, and enter your Bitbns API key. This step seamlessly ties your trading data to Catax for easy access.
Let Catax do the work: Once your Bitbns account is connected, Catax will automatically fetch your transaction details. Sit back while Catax accurately determines your taxes based on your trading history.
By following these steps, you ensure that your Bitbns account is both secure and efficiently integrated with Catax, Simplify your tax calculations, and keep your financial information safeguarded.
Learn More about How to calculate your Bitbns Taxes
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