Exchange Types
Best Trading Platforms
Featured Pages
Trading Guides
Tennis Betting
Derivatives Trading
More Games
Other Exchanges
Other Wallets
Gambling
How is cryptocurrency taxed?
Tax laws for cryptocurrencies vary significantly by country. At one end of the spectrum, it's possible to be completely exempt from taxes on profits made by investing in cryptoassets. At the other end, you could be taxed as high as 55% with no possibility of employing strategies like tax-loss harvesting.
For a high-level breakdown of how different jurisdictions approach crypto, check out our Crypto Tax Overview.
Many people who use cryptocurrencies in their daily lives to make purchases don't fully appreciate the potential tax implications of doing so. For example, in some regions you're technically required to record and duly report your crypto capital gains for every single transaction, including that $15 in bitcoin cash you sent to your friend to pay for dinner.
Complicating matters further, it's estimated that 75% of countries haven't yet established clear guidelines on crypto taxation. And even where regulators have been proactive, the rapidly evolving crypto landscape means that many questions remain unanswered. For example, are you obliged to pay taxes on a token you were airdropped? How do you calculate your cost basis in the event you received tokens in a fork?
For help with complex or edge-case situations like forks and airdrops, see our full Crypto Tax Laws guide.
While regulators grapple with these and other questions, the global adoption of cryptocurrencies marches on. In some regions, regulators have found that their first attempts at taxation imposed unrealistic obligations on crypto users to the point that the majority of users simply ignored the laws. In many cases, the high level of non-compliance forced regulators to go back to the drawing board. For individuals and businesses alike, the result is more confusion as laws change from year to year.
To help navigate this, we’ve published detailed Crypto Tax Guides that walk you through reporting and legal obligations by use case.
The fact is, whether you're a passive retail investor, an active trader, a business taking crypto payments, or an avid user of Bitcoin and other cryptocurrencies, there's a good chance you have serious tax obligations. This means you'll need to look carefully at the tax laws in your country of residence as they are likely to have important implications, whether it be for your trading strategy, your business model, or how you use cryptocurrencies in your daily life.
If you’re unsure how to calculate gains or losses across multiple transactions, we recommend using reliable Crypto Tax Calculators.
You can also reduce your taxable gains with smart Crypto Tax Strategies like tax-loss harvesting, where permitted.
Of course, most of us don't have the time to scour through legal opinion papers, precedent-setting cases, or rapidly evolving guidelines issued by tax authorities. Unless you're a large business, you also likely don't have the resources to employ a tax lawyer.
To stay safe and within the law, review our Crypto Tax Compliance checklist - especially if you're handling significant volumes or business activity.
Luckily there's a growing variety of tools you can leverage to ensure you're complying with the tax laws in your country. We recommend TokenTax, which is a crypto tax software platform and crypto tax calculator that vastly simplifies the process. It helps you connect to exchanges, track your trades, and automatically generate crypto tax returns regardless of your country of residence.
For the most comprehensive options available, see our curated list of the Best Crypto Tax Software tools on the market.
If you're filing yourself, download these Essential Crypto Tax Forms to get your paperwork in order.
Discover the top platforms for buying, selling, and trading cryptocurrencies
Discover the top platforms for buying, selling, and trading cryptocurrencies
Trading Features
Algorithmic TradingAutomated TradingArbitrage BotsCopy TradingDay TradingDemo Trading AccountsDerivativesCryptocurrencies
AaveAltcoinsAptosArbitrumArtificial SuperintelligenceAvalancheBinance CoinBitcoin CashBittensorCardanoChainlinkCosmosCronosDaiDogecoinEthereum ClassicFilecoinHederaImmutable XInjectiveKaspaLitecoinMakerMantleMoneroNear ProtocolNeoOKBOptimismPepePolkadotPolygonRenderRippleShiba InuSolanaStablecoinsStacksStellarSuiTezosToncoinTronUniswapExchange Types
Anonymous ExchangesCentralizedCryptocurrency BrokersCrypto To Fiat ExchangesDecentralizedFor BeginnersHybrid ExchangesLending PlatformsLowest FeesP2P Crypto ExchangesPaypal DepositSafest ExchangesSavings AccountsSwap PlatformsGeographic Regions
AlgeriaArgentinaAsiaAustraliaBahrainBrazilCanadaChinaColombiaCongoEgyptEuropeFranceGermanyGhanaHong KongIndiaIndonesiaIrelandItalyJapanKenyaKoreaMalaysiaMexicoMoroccoNetherlandsNew ZealandNigeriaNorwayPakistanPhilippinesRussiaSingaporeSouth AfricaSwitzerlandTanzaniaThailandTurkeyUgandaUnited Arab EmiratesRelated guides
Start from here →
What is Bitcoin?
Get a straightforward introduction to Bitcoin and why it matters.
Read this article →What is Bitcoin?
Get a straightforward introduction to Bitcoin and why it matters.
What is Bitcoin Cash?
Bitcoin Cash is a decentralized peer-to-peer electronic cash system that does not rely on any central authority like a government or financial institution.
Read this article →What is Bitcoin Cash?
Bitcoin Cash is a decentralized peer-to-peer electronic cash system that does not rely on any central authority like a government or financial institution.
What is Ethereum?
Understand Ethereum's key characteristics.
Cryptocurrency taxation in the US
Get an overview of tax law as it applies to cryptocurrency in the United States.
Read this article →Cryptocurrency taxation in the US
Get an overview of tax law as it applies to cryptocurrency in the United States.
Cryptocurrency taxation in the UK
Get an overview of tax law as it applies to cryptocurrency in the United Kingdom.
Read this article →Cryptocurrency taxation in the UK
Get an overview of tax law as it applies to cryptocurrency in the United Kingdom.
Cryptocurrency taxation in Germany
Get an overview of tax law as it applies to cryptocurrency in Germany.
Read this article →Cryptocurrency taxation in Germany
Get an overview of tax law as it applies to cryptocurrency in Germany.
STAY AHEAD IN CRYPTO
Stay ahead in crypto with our weekly newsletter delivering the insights that matter most
Weekly crypto news, curated for you
Actionable insights and educational tips
Updates on products fueling economic freedom
No spam. Unsubscribe anytime.
Start investing safely with the Bitcoin.com Wallet
Over wallets created so far
Everything you need to buy, sell, trade, and invest your Bitcoin and cryptocurrency securely
Download App
© 2025 Saint Bitts LLC Bitcoin.com. All rights reserved
Download App
Company
Educate
Products & Services
Bitcoin Data
Follow
Get Crypto
Use Crypto
Exchanges
Crypto Games
Crypto Betting
© 2025 Saint Bitts LLC Bitcoin.com. All rights reserved