Are all crypto transactions taxable?
Publicado el 27 nov 2024Actualizado el 17 dic 2024Lectura de 2 min
Not every crypto transaction is taxable. The following activities are generally not considered taxable events:
Buying crypto
Transferring like-for-like assets between exchanges
Gifting crypto excluding large gifts that could trigger other tax obligations
Donating crypto, which is tax-deductible
The following crypto activities are generally considered taxable events:
Selling crypto for cash
Trading one digital currency for another
Using crypto as payment
Mining or staking crypto
Receiving airdropped tokens
Getting paid in crypto