Kraken tax calculator: estimate CGT on your Kraken trades in Australia
Kraken is a global exchange used by many Australian traders for access to a wide range of assets and staking products. If you have traded or staked on Kraken during the 2025-26 tax year, currency conversion and staking income tracking are key considerations. This page explains what to expect and how to use the estimator with your Kraken history.
Tax obligations for Kraken users
Australian Kraken users can trigger taxable events through spot trades and staking rewards. Selling crypto on Kraken is a disposal event that can create capital gains or losses. Kraken staking rewards are treated as ordinary income when received. Because Kraken primarily uses USD and EUR pairs rather than AUD, all values must be converted to AUD at the exchange rate on each transaction date before entering them into the estimator.
How to export your Kraken transaction history
Log in to Kraken and navigate to History, then select Export. Choose the relevant date range for the 2025-26 financial year (1 July 2025 to 30 June 2026) and download your ledger and trade exports. Kraken provides separate exports for trades and for other ledger entries including staking rewards — download both. Keep all files for tax estimation.
Common taxable events on Kraken
The most frequent tax-triggering actions for Kraken users are: selling crypto for USD or other fiat (disposal), trading one cryptocurrency for another (also a disposal of the outgoing coin), and receiving staking rewards (ordinary income on receipt). Each type of event is handled differently in the estimator and must be entered with AUD values converted from the foreign currency price at the trade date.
How to use this estimator with Kraken data
After exporting your Kraken trade and ledger history, convert all foreign currency values to AUD at the exchange rate on each transaction date, then enter the events into the calculator using the event builder. Use the staking income event type for staking rewards. The estimator applies FIFO parcel matching to calculate gains and losses. The estimator does not perform currency conversion automatically.
Watch-outs for Kraken users
USD pairs are the most common on Kraken, so every price in your export will need AUD conversion at the trade date rate — this is the most significant extra step compared to AUD-native exchanges. Staking rewards on Kraken are paid frequently and require individual tracking for each receipt date. Download both the trades export and the ledger export to ensure you capture all staking income events. Margin trading on Kraken falls outside the scope of this estimator.
Quick single-transaction estimate
Enter a single buy-and-sell scenario to see your estimated CGT impact.
Frequently asked questions
How is Kraken staking income taxed in Australia?
Kraken staking rewards are generally treated as ordinary income at the AUD value on the date you receive them. You will need to convert the USD or other currency value to AUD at the exchange rate on the reward date. The received tokens also create a new parcel for future CGT calculations.
How do I convert Kraken USD trade prices to AUD for Australian tax purposes?
For each trade on Kraken that is denominated in USD or another foreign currency, you need to convert the price to AUD at the exchange rate on the trade date. The ATO requires you to use the exchange rate on the date of each transaction, not an averaged rate.
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Tax Accuracy & Sources
General information about crypto tax in Australia for individual investors. Not tax advice.