The Simplest Way to Export Binance Trades for UK Crypto Tax Reporting

Overview

Binance is one of the most widely used exchanges in the UK, but exporting trade data for tax reporting is rarely straightforward.

For HMRC purposes, you must report every taxable disposal, including:

Spot trades
Crypto-to-crypto swaps
Fees paid in crypto
Conversions between assets

This article explains the cleanest and safest way to export Binance data for UK crypto tax reporting — without missing transactions or breaking HMRC rules.

Why Binance Data Is Tricky for UK Taxes

Binance provides multiple export options, but none are designed specifically for UK tax compliance.

Common problems UK traders face:

Missing historical trades due to date limits
Separate exports for spot, futures, and convert trades
No Section 104 pooling support
Inconsistent GBP valuation
Manual CSV cleanup

HMRC does not care how complex Binance makes exports — you are still responsible for correct reporting.

What HMRC Expects From Binance Data

For every taxable transaction, HMRC expects you to know:

Date and time of the transaction
Asset sold and asset received
Quantity
GBP value at the time
Fees paid
Resulting gain or loss

A simple “trade history” file is usually not enough.

Method 1: Exporting Trades Manually From Binance

Binance allows CSV exports, but with limitations.

Spot Trading History

Log in to Binance
Go to Orders → Spot Orders
Select Trade History
Choose a date range
Export CSV

⚠️ Binance limits how much data you can export at once.
For long-term traders, this means multiple files.

Convert, Earn, and Other Activities

These are exported separately and are often overlooked:

Convert trades
Staking rewards
Earn interest
Airdrops

Missing these can lead to underreporting income.

Method 2: Using Binance API Access

API access provides complete and continuous trade history, including:

Spot trades
Fees
Timestamps with precision

However, API data still needs:

Proper categorisation
GBP conversion
UK-specific tax logic (Section 104 pooling)

Raw API data alone is not tax-ready.

Common Mistakes When Exporting Binance Trades

UK traders often make these errors:

Exporting only spot trades
Ignoring crypto-to-crypto swaps
Forgetting fees paid in BNB
Mixing FIFO calculations with UK rules
Losing historical data after account changes

Each of these can materially affect your tax calculation.

Why UK-Specific Processing Matters

Unlike some countries, the UK requires:

Section 104 pooling
Same-day matching
30-day matching rules
GBP valuation at transaction time

Most generic exports do not apply these rules correctly.

Manually fixing this in spreadsheets becomes impractical once trade volume increases.

Get started

How to Stay Compliant in 2026

HMRC has increased data-sharing with exchanges and expects accurate reporting.

Best practices:

Keep full historical records
Track trades continuously, not once per year
Apply UK tax rules consistently
Avoid mixing accounting methods

A clean audit trail matters more than ever.

Conclusion

Exporting Binance trades for UK crypto tax reporting is possible — but easy to get wrong.

The challenge is not downloading the data, but processing it correctly under UK rules.

As reporting requirements tighten, using structured, UK-compliant tooling becomes the safest approach.