Cryptocurrency Taxes: General Concepts and Recordkeeping
Educational content only—not financial, legal, or tax advice. See our disclaimer.
Not tax advice. Tax treatment of digital assets depends on your country, activity type, and facts. Consult a qualified tax professional.
Why recordkeeping matters
Exchanges may provide statements, but you are often responsible for tracking acquisitions, disposals, swaps, income events, and fees across wallets.
Common event types
- Selling crypto for fiat
- Trading one crypto for another
- Receiving crypto as payment or rewards
- On-chain income where applicable under local law
Summary
Export CSVs, note fair-market values at transaction time, and retain documents for the retention period required locally.
References
Related reading
What Is a Crypto Exchange?
How centralized and decentralized exchanges differ, and what users should evaluate before trading.
The Risks of Cryptocurrency Investing
Volatility, regulatory, technology, and counterparty risks every reader should understand.