Crypto Taxes Explained
What's usually taxable
- Selling crypto for cash – the gain over your cost basis is typically taxed.
- Spending crypto on goods or services – often treated like a sale.
- Crypto-to-crypto swaps – taxable in many countries (e.g. the US and UK), but not in all.
- Staking and mining rewards – often taxed as income.
Simply buying and holding is generally not a taxable event. Rules differ a lot by country, so always check your local tax authority.
Reporting is getting stricter
New rules such as the EU's DAC8 (in force since January 2026) and similar frameworks elsewhere require exchanges to report customer transactions to tax authorities. Keeping clean records of every buy and sell is now essential.
→ Estimate your tax with our calculator
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For information only, not tax advice. Consult a tax professional for your situation.