Crypto.com Tax Guide: How to Report Your Crypto.com Trades

Crypto.com and Taxes: Why It Is More Complicated Than You Think

Crypto.com is one of the largest crypto platforms in the world, but filing taxes as a Crypto.com user is uniquely challenging. Unlike exchanges that offer a single product, Crypto.com spans multiple platforms: the Crypto.com App, the Crypto.com Exchange, the Crypto.com DeFi Wallet, the Crypto.com Visa Card, and various Earn and Savings products. Each one generates taxable events, and each one has a different process for exporting your transaction history.

If you have used more than one of these products, you need to reconcile activity across all of them to file accurately. This guide walks you through everything: what forms Crypto.com provides, how to export your data, how each product is taxed, and how to avoid the most common mistakes that lead to overpaying or triggering an IRS notice.

Crypto.com's 1099-DA: What You Get for the 2025 Tax Year

Starting with the 2025 tax year (filed in 2026), Crypto.com issues Form 1099-DA to US users who meet reporting thresholds. This form reports gross proceeds from crypto disposals, including sales, trades, and conversions made through the Crypto.com App.

There are important limitations to understand about the 1099-DA:

• It reports gross proceeds only. Cost basis may be incomplete or missing, especially for assets transferred into Crypto.com from external wallets or other exchanges.
• It covers the Crypto.com App only. Activity on the Crypto.com Exchange (the separate trading platform) and the DeFi Wallet is not included.
• Staking rewards and Earn interest may not appear as income on this form. You are still responsible for reporting them.
• Visa card spending events are disposals, but their treatment on the 1099-DA can be inconsistent.

The IRS receives a copy of your 1099-DA. Your reported figures need to match or reconcile with what Crypto.com sent them. But because the form is incomplete by design, you cannot rely on it alone. You need your full transaction history.

How to Access Your Tax Documents in the Crypto.com Tax Center

Crypto.com provides a Tax Center within the App where you can download your 1099-DA and other tax-related documents. Here is how to access it:

1. Open the Crypto.com App and tap on the account icon.
2. Navigate to Tax Center (under Settings or Accounts, depending on your app version).
3. Select the 2025 tax year.
4. Download your 1099-DA (available by February 15, 2026 for most users).
5. Optionally download the transaction history CSV from the same section.

The Tax Center CSV is a more comprehensive export than the 1099-DA. It includes buys, sells, trades, conversions, rewards, Earn deposits and withdrawals, and card transactions. This is the file you want for importing into tax software.

Exporting CSV Transaction History from the Crypto.com App

If you need a full export outside the Tax Center, you can also pull your transaction history directly:

1. In the Crypto.com App, go to Accounts.
2. Tap the clock icon (transaction history) in the upper right.
3. Tap Export and select your date range (use the full calendar year: January 1 to December 31, 2025).
4. Choose CSV format. The file will be emailed to your registered address.

This CSV includes columns for timestamp, transaction type, currency, amount, native currency amount, and fees. It covers all App activity: trades, conversions, purchases, rewards, Earn interest, and card transactions.

Crypto.com Exchange vs. Crypto.com App: Different Exports

This is where many users get tripped up. The Crypto.com Exchange (exchange.crypto.com) is a separate platform from the Crypto.com App. If you have used the Exchange for spot trading, margin trading, or derivatives, that activity is not included in the App's CSV export or the 1099-DA.

To export your Exchange data:

1. Log in to exchange.crypto.com on a desktop browser.
2. Go to Orders > Trade History.
3. Click Export and select the date range covering the 2025 tax year.
4. Download the CSV file.

You will need to import both your App CSV and your Exchange CSV into your tax software to get a complete picture. Transfers between the App and Exchange are not taxable events, but they need to be matched correctly to preserve your cost basis. More on that below.

CRO Staking Rewards: Taxed as Income

If you staked CRO for a Visa card tier, participated in CRO staking on the Exchange, or earned CRO rewards through any Crypto.com program, each reward payout is a taxable income event. The IRS treats staking rewards as ordinary income, taxed at fair market value (FMV) on the date you received them.

For example, if you received 50 CRO on March 15, 2025, and CRO was trading at $0.12 that day, you have $6.00 of ordinary income to report. That $6.00 also becomes your cost basis in those 50 CRO. If you later sell them for $8.00, you have a $2.00 capital gain.

CRO rewards can come from multiple sources: card staking rewards, Exchange staking, Supercharger events, Missions rewards, and referral bonuses. All of them are income. Make sure your tax software captures each one. If you are not sure whether your rewards are accounted for, our crypto tax basics guide explains the difference between income events and capital gains events.

Crypto.com Visa Card Spending: Every Purchase Is a Disposal

When you spend crypto through the Crypto.com Visa Card, the IRS treats each purchase as a disposal of property. You are effectively selling crypto to pay for goods or services, which triggers a capital gain or loss based on your cost basis.

If you loaded your card with fiat (USD), card spending is not a taxable crypto event. But if you funded the card by selling crypto or if the card auto-converts crypto to fiat at the point of sale, each transaction is reportable.

The CRO cashback you receive from card spending is also taxable income, valued at FMV when received. Yes, this means a single coffee purchase can generate two taxable events: a disposal of the crypto you spent, and income from the CRO cashback you earned.

Crypto.com DeFi Wallet: On-Chain Activity Needs Separate Import

The Crypto.com DeFi Wallet is a non-custodial wallet, meaning Crypto.com does not control your keys or track your transactions for tax purposes. Activity in the DeFi Wallet, including swaps on VVS Finance or Tectonic, liquidity pool participation, DeFi staking, and cross-chain bridging, is not included in your App CSV, Exchange CSV, or 1099-DA.

To report DeFi Wallet activity, you need to import your wallet address into a tax tool that reads on-chain data. Blockchain Smart Tax supports direct wallet imports for Cronos and 60+ other chains. Simply paste your DeFi Wallet address, and we will pull your full on-chain history, including DeFi interactions, token approvals, and bridging transactions.

Earn and Savings Products: Interest Is Income

Crypto.com Earn and Crypto.com Savings allow you to deposit crypto and receive interest. Each interest payment is treated as ordinary income, just like staking rewards. The income amount is the FMV of the crypto you received on the date of each payout.

Interest from Earn products typically accrues daily or weekly, depending on the asset and term. Each accrual is technically a separate income event. Your App CSV should capture these, but verify that every interest payment appears with the correct date and amount. Missing even a few can throw off your cost basis calculations downstream.

Common Crypto.com Tax Issues

Missing Cost Basis on Transfers Between App and Exchange

This is the single most common issue for Crypto.com users. When you transfer crypto from the App to the Exchange (or vice versa), the receiving platform often does not know your original purchase price. This can result in zero cost basis, which makes it look like your entire sale proceeds are profit.

To fix this, you need to import both your App and Exchange CSVs into the same tax tool so that transfers can be matched. Blockchain Smart Tax automatically detects transfers between your own wallets and carries the cost basis forward, so you do not get hit with phantom gains.

CRO Rewards Not Showing in Tax Forms

Some CRO reward types, particularly referral bonuses, Mission rewards, and promotional CRO drops, may not appear in the Tax Center export or on the 1099-DA. You are still required to report them. Check your App notification history and email confirmations to identify any rewards that may be missing from your CSV export, and add them manually if needed.

DeFi Wallet Activity Not Covered by 1099-DA

As noted above, the 1099-DA only covers the custodial App. If you used the DeFi Wallet for anything, including swapping, staking, or providing liquidity, none of that is reported to the IRS by Crypto.com. The on-chain record exists, but you need to pull it yourself through a wallet import.

How to Import Crypto.com Into Blockchain Smart Tax

Blockchain Smart Tax supports Crypto.com through both CSV import and direct DeFi Wallet address import. Here is how to get your full Crypto.com tax picture:

1. Create your free account at blockchainsmarttax.com/getting-started.
2. Import your App CSV: Go to the Wallets page, click Add Wallet, select Crypto.com (App), and upload the CSV you exported from the Tax Center or transaction history.
3. Import your Exchange CSV: Repeat the process, selecting Crypto.com (Exchange) and uploading your Exchange trade history CSV.
4. Import your DeFi Wallet: Click Add Wallet, select the chain your DeFi Wallet operates on (Cronos, Ethereum, etc.), and paste your wallet address. We will automatically sync all on-chain transactions.
5. Review and reconcile: Our platform will match transfers between your App, Exchange, and DeFi Wallet so that cost basis carries over correctly. Check the Tax Health page for any flagged issues.
6. Generate your tax report: Choose your preferred cost basis method (FIFO, LIFO, HIFO, or Spec ID) and export your completed Form 8949 and Schedule D.

The entire process takes about 10 minutes for most users. If you have already exported your CSVs, you can be done in under five.

Final Checklist for Crypto.com Users

• Download your 1099-DA from the Tax Center for your records (and to match what the IRS received).
• Export CSV files from both the App and the Exchange if you used both.
• Import your DeFi Wallet address separately for on-chain activity.
• Verify that all CRO staking rewards and Earn interest appear in your records.
• Account for every Visa card spending event as a crypto disposal.
• Use a tax tool that matches transfers between platforms to preserve cost basis.

Crypto.com makes it easy to buy, sell, stake, earn, and spend crypto. It does not make it easy to file your taxes across all of those products. By exporting the right files and importing them into Blockchain Smart Tax, you can reconcile everything in one place and file with confidence.

Go Beyond Crypto.com — Track Everything

Blockchain Smart Tax imports your Crypto.com transactions automatically via API, but it doesn't stop there. It also reads directly from 550+ blockchains to capture your self-custody wallet activity, DeFi interactions, staking rewards, and more — giving you a complete tax picture, not just your exchange history.

How we compare to other crypto tax platforms:

• Koinly ($49+/year) — supports Crypto.com with established exchange integration
• CoinTracker ($59+/year) — Crypto.com integration with strong Ethereum ecosystem support
• CoinLedger ($49+/year) — Crypto.com import supported with competitive pricing
• Blockchain Smart Tax (from $25/year) — Crypto.com API import plus automatic wallet discovery across 550+ chains, all cost basis methods included, free during beta

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