Why Binance.US Tax Reporting Is More Involved Than It Looks
Binance.US is not Binance.com - different exports, different rules
Binance.US and Binance.com are separate entities with separate compliance teams, separate export formats, and separate tax-document programs. A Binance.com CSV uploaded to the Binance.US flow will not match. If you used both at different points in your history, keep the files separate and process them on the correct calculator page. Five things that add complexity to a Binance.US tax year:
- The Binance.US Statement CSV mixes Spot Trading, Quick Buy, Convert, deposits, withdrawals, staking rewards, referral credits, and other distributions in one export
- Binance.US issues Form 1099-DA with no minimum dollar threshold - every qualifying disposal is reportable regardless of size
- Staking, referral, and distribution-style rows need income treatment when received, separate from the later disposal calculation
- Exchange availability varies by US state - if your state was recently removed from the supported list, keep older exports from when the account was active
- Old Binance.com history cannot be mixed with Binance.US exports - different column headers, different product coverage
What Binance.US reports on Form 1099-DA and 1099-MISC
For eligible US customers, Binance.US says Form 1099-DA covers qualifying disposals (sales, exchanges, or spending) with no minimum dollar threshold, and Form 1099-MISC covers certain income such as staking rewards and referral rewards. Those forms are useful checkpoints against the calculated report, but they are not a full lot-by-lot gain/loss calculation. The raw Statement CSV is still required for complete basis tracking.
How to Export Your Binance.US Transaction History
Tax Center - the central export hub
Binance.US groups all its transaction history, tax reports, and 1099 documents in the Tax Center. Start there for all export work:
- Log in to Binance.US on the web.
- Open the Tax Center.
- Download your transaction history or tax report for the full date range you need.
- Keep any issued 1099-MISC or 1099-DA as cross-check documents alongside the raw Statement CSV.
The Tax Center is also where your 1099 documents appear when issued. Download both the raw CSV and the tax forms for a complete record.
What the Statement CSV covers
The Binance.US Statement CSV is the primary export format for tax work. It includes Spot Trading fills, Quick Buy transactions, Convert swaps, deposits, withdrawals, staking reward distributions, referral reward credits, and other account-level movements in a single file. Keep the full date range - partial exports miss lot acquisitions that affect the basis calculation for later sales.
Binance.US Products and Their Tax Treatment
Spot trades, Quick Buy, and Convert
Selling crypto for USD, using Quick Buy to purchase crypto, and swapping one token for another via Convert are typically taxable disposal events. Cost basis, holding period, and proceeds at sale determine the gain or loss on each trade. The Statement CSV covers all three of these trade types in a single export.
Staking, referral, and distribution rewards
Staking rewards, referral rewards, and other distribution-style credits typically need income treatment when received - the fair market value at receipt is usually the taxable amount, and that same value sets the cost basis for any later disposal. Binance.US says Form 1099-MISC covers certain income of this type, but the raw Statement CSV rows are needed for the full lot-level calculation.
How DYOR.tax Processes Your Binance.US CSV
What's in the report
DYOR.tax processes the Binance.US Statement CSV, reconstructs supported buys, sells, and reward rows, keeps deposits and withdrawals out of the disposal bucket, and applies US FIFO, LIFO, or HIFO cost basis depending on the method you select. The output is a filing-ready US crypto tax report designed to cross-check against the 1099-DA Binance.US issues.
This page is US-only
Binance.US is a US exchange for US residents in supported states. The seven-country selector is present in the calculator, but this page is written for the US filing flow. For the broader US filing picture, see our US crypto tax calculator. For filing timing, our US deadline guide covers the key 2026 dates.
Also available
If you also have old Binance.com history from before switching to Binance.US, use the Binance tax calculator for those records separately - do not mix the two export formats. The Coinbase tax calculator and Kraken tax calculator are useful if you also traded on other US exchanges.