Disclaimer: If you follow this guide and only see the option for API Key/Secret but nothing asking for a passphrase when you're setting up your connection to TaxBit, you'll need to follow our Coinbase API guide. Coinbase Pro transactions are labeled as Advanced Trades in Coinbase.
Level of Support
Coinbase Pro is a part of the TaxBit Network. That comes with assistance from our Customer Experience Team if needed. Members of the TaxBit Network will receive a premium experience in terms of higher levels of support and a seamless onboarding experience.
Here is a list of transactions that TaxBit supports from Coinbase Pro:
- Buy
- Sell
- Coinbase Earn, Rewards Income, Coinbase referral (Income)
- Card Spend (Expense)
- Card Reward
- Convert (Trade)
- Receive (Transfer In)
- Send: Transfer Out
- Internal Transfers (Internal Transfer)
Coinbase Pro transactions such as: Staking and Vault Transfers will not be included transaction types.
Connection Steps
Below you will find a detailed guide on connecting Coinbase Pro to your TaxBit account.
Before starting, please have the Coinbase Pro API Exchange page pulled up in your TaxBit account. You can access this API Exchange page by going to the Add Sources page > Search Sources > Use the search bar to locate and select the Coinbase Pro option > Select "Next".
Step 1: In a separate browser, or browser tab, log into your Coinbase Pro account. Once logged in, select your profile tab in the top-right corner.
Step 2: Click on API in the dropdown list.
Step 3: Click + New API Key to get started with the API creation.
Step 4: You'll get an Add An API Key popup. Please go about the following steps:
4a. Fill our your API Key nickname. This can be anything you'd like. For this example, I typed in "TaxBit" for that field. Also note that this field isn't an item needed when connecting your Coinbase Pro to TaxBit.
4b. Only check View for your Permissions.
4c. Copy your Passphrase and paste it into the Passphrase field within your TaxBit Coinbase Pro API Exchange page.
4d. You can leave the IP Address field blank.
4e. Click Create API Key.
Step 5: A 2-Step Verification popup will appear in order to proceed. Please follow through by entering in the code using the MFA method that you have set up.
Step 6: Once passing the 2-Step Verification, you'll receive your API Secret.
6a. Copy your API Secret and paste it into the Secret field within your TaxBit Coinbase Pro API Exchange page.
6b. Select "Done".
Step 7: However, we're not quite done yet! We have the final piece of the puzzle. Once clicking "Done", you'll be brought back to your API page. This is where your API Key is located. Copy your API Key and paste it into the Key field within your TaxBit Coinbase Pro API Exchange page.
Step 8: Land back on your Coinbase Pro API Exchange page in TaxBit where you'll hit "Add Account" > Enter the fields with your Coinbase Pro information > Go ahead and hit "Connect"
Once linked, you're all set! Your Coinbase Pro account will be successfully linked to your TaxBit account, and you can go ahead and begin a sync to bring in your transactions. You should also see the connection under you "Sources" page in your account.
Still have questions? You can interact with our Chatbot by selecting the Chat Widget located at the bottom right side of your screen, or fill out this form HERE to submit a support inquiry request. Our team is happy to help!
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Keywords:
Coinbase Pro API
Coinbase Pro Connection
Connecting Coinbase Pro