crypto

Coinbase’s record downloading is mind-numbingly awful. There’s a clear reason:

They are trying to comply with bare minimum KYC (Know Your Customer) legal requirements and avoid volunteering any information beyond that to the US Government.

They could let you download a CSV spreadsheet of deposits/withdrawls listed by interacting wallet, currency, and momentary USDC equivalent. 

That, as well as USDC-equivalent interest from holdings, is all the U.S Government would ever *care* to know for taxes, but in some cases is more than it needs to or is required to know.

So instead, Coinbase frames your account history as Gain/Loss gobbledygook in the exports for you to show your accountant.

I’m a big boy. Coinbase can give me a spreadsheet with 30 columns (that include everything else I interacted with) like *every other financial institution*— and I’ll articulate what happened on my own, thank you very much! 😡

They’re terrified to volunteer records feds could easily aggregate and fish for issues.