Crypto Taxes in Austria: The Complete Guide

Crypto taxes in Austria were pretty simple and straightforward until a recent crypto tax reform came into effect this April. Due to this recent change, crypto tax regulations in Austria have now split into two paths –  The old taxation rules, which apply to crypto you bought before 28...

Crypto Taxes in Ireland: The Complete Guide

Crypto taxes in Ireland are divided into mainly two categories –  Capital gain taxes, which you pay when you dispose of your crypto. Ordinary income taxes, which you pay when you receive crypto as income or reward.  There are some other tax consequences as well, but the majority of...

Crypto Gambling Taxes in 2022: Around the Globe

If you’re into crypto gambling or looking to get into it, you might be wondering how crypto gambling taxes work. Well, let’s find out.  Are crypto gambling winnings tax-free? Yes, crypto gambling winnings are tax-free in most countries except in the US.  In the US, crypto gambling winnings are...

4 Legit Ways to Make Money with Cryptocurrency

Here’s the most straightforward answer on how to make money with cryptocurrency? There are MAINLY five legit ways you can do it – trading, HODLing, mining or putting your crypto to work (passive income). When Bitcoin first started booming around 2015-2016, everyone dismissed it, saying it was a bubble....

Terra Crash: Explained (& How to Claim Losses)

The Terra crash is a historic event for the entire crypto industry. An event that we’ll remember for years to come.  It set many examples, taught many lessons and unfortunately, cost people millions of dollars.  Terra (LUNA), once trading for more than $80 per unit just a month ago,...

Crypto Bear Run? Make the Most of it

It’s official. We’ve officially entered a crypto bear run. Some might call it a crypto winter. Whatever you wanna call it, it’s here.  If you’re into crypto, trading or stocks, you might already know what a bear market is.  Different people have different definitions for it, but generally, it’s...

How to Avoid Crypto Taxes in Australia

Let’s get one thing clear. You can’t entirely avoid crypto taxes in Australia. BUT… you can be strategic about your taxes and pay less.  Strategies to avoid crypto taxes in Australia include investing in ETF and SMSF, donating to charity, using available tax breaks to your advantage and finally,...

Crypto Taxes in Australia: The Complete Guide

This is how crypto taxes in Australia works –  Your tax rates will vary depending on whether you qualify as an individual investor or trader. Individual investors are liable to capital gains taxes, while traders will pay ordinary tax rates.  The Australian Taxation office claims that approximately 500,000 to...

Crypto Taxes in Switzerland: The Complete Guide

This is how crypto taxes in Switzerland works – You’re liable to capital gain taxes, only if you qualify as a self-employed trader or business.  Switzerland is known as a crypto nation.  Why?  Well, because it has some of the most progressive, crypto-friendly regulations and tax laws. As a...

What are Airdrops & How are They Taxed?

There are more than 7000 cryptocurrencies as of 2022. Just in the last 24 hours, CoinMarketCap has listed nine new cryptocurrencies. This tells us how hard it is for new cryptocurrencies to make a place in the market, already dominated by established coins like Bitcoin and Ethereum. Forget standing...