Binance exiting Canada: how to export your trade history (and some important dates)
As you may be aware, Binance will be exiting the Canadian market, starting on September 25, 2023. Accounts on Binance Canada will be transitioned into “liquidation only” mode for customers to settle any remaining positions. This means customers will only be able to withdraw. No more trades or deposits.
If you are a customer of Binance in Canada, we strongly recommend that you export your complete trade history and transaction records from your account as soon as possible, after completing your final transaction.
There are two types of report to be exported:
- Spot Trade History: this contains only your spot trade information.
- Transaction Records: this includes all other transactions such as Margin, Futures, Earn, Staking, Funding and more.
How to export your Spot Trade History
- Log in to your Binance account (desktop site)
- Click or hover on Orders menu at the top right and choose Spot Order
- Click on Trade History from the menu on the left
- Click the Export button at the top right of the table
- Leave Export Format as Excel
- Select the time period Beyond 6 Months – Custom
- Select 2023-01-01 to the present date
- Click Generate
- Repeat this process for each year you have been a Binance customer, selecting the date range from January 1 – December 31 for previous years.
- Once the statements are generated, you will receive an SMS or email notification, and will have 7 days to download the reports before they expire.
How to export your Transaction Records
- Log in to your Binance account (desktop site)
- Hover over Wallet in the top right corner, and select Transaction History
- Click Export Transaction Records in the top right corner
- Click the dropdown menu under Time (UTC+0) and select Customized
- Select 2023-01-01 to the present date
- Leave All selected for Account and Coin
- Click Continue and then Generate
- Repeat this process for each previous year you have been a Binance customer, selecting the date range from January 1 – December 31 for previous years.
- Once the statements are generated, you will receive an SMS or email notification, and will have 7 days to download the reports before they expire.
Store these reports in a secure location. If you are already a Metrics client, we recommend uploading a copy of each report to your Metrics folder in Google Drive (FilesYouWantMetricsToSee) so they are available to us for future reference.
If you are not a Metrics client (but need help with your crypto taxes), we would love to hear from you! Contact us to book an introductory meeting with our team.
Post updated 2023-08-24: After Binance communicated the date for transition to liquidation-only is now September 25, 2023.
Disclaimer: Any tax information published on this blog is based on the facts provided to us and on current tax law (including judicial and administrative interpretation) during the time of publication. This does not constitute legal advice. Tax law can change (at times on a retroactive basis) and these changes may result in additional taxes, interest, or penalties. Practice due diligence and if in doubt, speak with a member of our team.