@vivianeanne
What are the tax implications of cryptocurrency trading?
Cryptocurrency transactions may be subject to capital gains tax or income tax, depending on the country.
Taxable Events:
Selling crypto for fiat.
Trading one crypto for another.
Earning rewards from staking or mining.
Tax-Free Events:
Holding crypto without selling.
Transferring between personal wallets.
Tax laws vary by country, so keeping accurate records is crucial for compliance.