Binance tax calculator: estimate CGT on your Binance trades in Australia
Binance is one of the world's largest crypto exchanges with a significant Australian user base. If you have traded, converted, or used Earn products on Binance during the 2025-26 tax year, multiple types of tax events may apply. This page explains what to expect and how to use the estimator with your Binance history.
Tax obligations for Binance users
Australian Binance users can trigger taxable events through spot trades, Convert transactions, and Earn product rewards. Spot trades and Convert transactions are disposals that may create capital gains or losses. Binance Earn rewards — including flexible savings interest and staking distributions — are treated as ordinary income when received. Futures trading is a separate activity that falls outside the scope of this estimator.
How to export your Binance transaction history
Log in to Binance and navigate to Orders, then select Trade History. Use the date filter to select the 2025-26 financial year (1 July 2025 to 30 June 2026) and click Export to download your trade records. For Earn rewards, you may need to export separately from the Earn section of your account history. Keep all exported files for tax estimation.
Common taxable events on Binance
The most frequent tax-triggering actions for Binance users are: selling crypto for a stablecoin or AUD equivalent (disposal), using Binance Convert to swap between coins (disposal of the outgoing coin), and receiving Earn product rewards (ordinary income). Each type of event is handled differently in the estimator and should be entered according to its event type.
How to use this estimator with Binance data
After exporting your Binance trade history, enter your buy, sell, and Convert events into the calculator using the event builder. For Earn rewards, use the staking income event type. The estimator applies FIFO parcel matching to calculate gains and losses. All values must be entered in AUD — the estimator does not look up historical prices automatically.
Watch-outs for Binance users
Binance Earn products can generate many small income events that are easy to overlook — check your full Earn history before finalising your estimate. Binance Convert trades may not appear in the standard trade history export and require a separate download. Futures trading on Binance is outside the scope of this estimator and has different tax treatment. If you trade non-AUD pairs, you will need to convert all prices to AUD at the trade date using the appropriate exchange rate.
Quick single-transaction estimate
Enter a single buy-and-sell scenario to see your estimated CGT impact.
Frequently asked questions
How is Binance Earn taxed in Australia?
Rewards from Binance Earn products such as flexible savings and staking are generally treated as ordinary income at the AUD value on the date you receive them. They also create a new parcel for future CGT calculations if you later dispose of those tokens.
Does Binance Convert count as a disposal for Australian tax purposes?
Yes. Using Binance Convert to exchange one cryptocurrency for another is a disposal of the outgoing coin. Any capital gain or loss is calculated based on the AUD market value of the outgoing coin at the time of conversion minus your cost base.
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Tax Accuracy & Sources
General information about crypto tax in Australia for individual investors. Not tax advice.