Tax information#
In many jurisdictions, virtual currency is treated as property, and the general tax principles that apply to property transactions also apply to transactions using virtual currency. This can mean that swapping, selling, or otherwise disposing of crypto is a taxable event.
Rules vary significantly by country and region, and they change over time. Consult your local tax authority's official guidance for the requirements that apply to you.
Any information provided here is for general informational purposes only and is not, and should not be considered or construed as, tax advice. You should consult a qualified tax professional regarding any specific questions about taxes owed in connection with cryptocurrency transactions.