Save taxes on your crypto gains and track all your investments and NFTs - no matter where they are
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The short answer is yes. You have an obligation to declare all cryptocurrency transactions. Cryptocurrencies are treated as "other" assets in most countries. That means they will be taxed like a painting or gold. When you sell a cryptocurrency you are allowed to subtract the price, for which you bought it, and related fees. What's left is the gain, on which you owe taxes. In most countries you pay Capital Gains Tax on that gain, but in some (like Germany) you pay taxes using your personal income tax rate.
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