Bare Bitcoin is a Norwegian broker that deals only in bitcoin. You can buy, sell, set up recurring purchases, and either leave your bitcoin with them or withdraw it to your own wallet.
Because it is bitcoin-only, the record is simpler than a multi-asset exchange: purchases, sales, and whatever you moved out.
The thing worth knowing if you file in Norway is that bitcoin does not appear in your tax return by itself. You have to enter it.
What you get out of the box
Elige tu método de importación.
On Bare Bitcoin
- Open the app and find your transaction history, covering purchases, sales and withdrawals.
- If you withdrew bitcoin to your own wallet, add that wallet as well so the two sides connect.
On Kryptos
- Log in to Kryptos.
- Go to Integrations.
- Click Add Integration, then search for and select Bare Bitcoin.
- Click the Bare Bitcoin icon and choose Upload CSV.
- Upload the file. Kryptos reads it and categorises the transactions for you.
Good to know
- Bitcoin is not prefilled in the Norwegian tax return the way shares and bank interest are. You enter it yourself.
- Norway asks for two figures: what your holdings were worth on 31 December, and any gain or loss realised during the year.
- Recurring purchases produce many small acquisitions at different prices, each with its own cost.
What Norway expects, and what nobody fills in for you
If you file in Norway, there is one fact about crypto that surprises people every year: it does not turn up in your tax return on its own.
Salary is prefilled. Bank interest is prefilled. Shares held through Norwegian brokers are prefilled. Crypto is not. The return arrives with the crypto section empty, and if you leave it empty, nothing is reported, which is not the same as nothing being owed.
Two figures are needed, and they answer different questions. The first is what your holdings were worth on 31 December, which goes in as wealth. The second is any gain or loss you realised during the year, by selling, exchanging, or using bitcoin to pay for something. You can easily owe on one and not the other: somebody who bought and held all year has a wealth figure and no gain at all.
For a bitcoin-only broker the calculation is more straightforward than most, but recurring purchases add work. Buying every month means twelve acquisitions at twelve different prices across a year, and when you eventually sell part of your holding, which of those purchases it is measured against changes the answer.
One thing worth being clear about: a tool that works out your numbers has not filed anything on your behalf. It gives you figures to enter. The entering is still yours to do. For how other countries handle the same events, see the USA crypto tax guide or the UK crypto tax guide.
Gestiona tu portafolio de Bare Bitcoin con Kryptos.
Recording recurring purchases
Buying a fixed amount regularly produces a long series of acquisitions at different prices, and each carries its own cost.
Reporting in Norway
The return needs your holdings valued at the end of the year and any gains realised during it. Neither is filled in for you.
Moving bitcoin to your own wallet
Withdrawing to a wallet you control is a transfer, not a sale, and importing both sides keeps it from reading as a disposal.
Listo para auditoría, automáticamente.
Una vez conectadas tus wallets y exchanges, generar un reporte fiscal es cuestión de un clic. Abre Reportes desde el menú, elige tu jurisdicción y descarga.
Nothing is prefilled for you
Unlike bank interest and shares, crypto does not appear automatically in the Norwegian tax return. If you do not enter it, it is not reported, and the obligation still exists.
Norway wants two separate figures
The value of your holdings on 31 December, and any gain or loss realised during the year through selling, exchanging or spending. They are different numbers answering different questions.
Recurring purchases are many acquisitions
A monthly buy is twelve separate acquisitions at twelve different prices. When you later sell part of your holding, which of those it came from affects the gain.
Withdrawing to your own wallet is not a sale
Moving bitcoin from the broker to a wallet you control changes nothing about what you own. Only leaving it, or selling, is a disposal.
Producing the numbers is not the same as filing them
A tool that calculates your gain and your year-end value has not reported anything. You still have to enter the figures yourself.
Solo lectura por diseño.
- A file upload is read-only. Nothing connects to your account
- Kryptos never asks for your password or login details
- Delete an import at any time and its data goes with it
- Keep the original file: it is your evidence if anyone asks later
Si algo no sincroniza.
It never appears automatically in Norway. You have to enter it under the section for virtual assets.
That is normal with recurring buying. Each purchase is its own acquisition with its own cost.
Add the wallet you withdrew to. With both sides present it pairs up as a transfer.
¿Sigues atascado? Escribe a support@kryptos.io o abre el chat en vivo desde la aplicación.