$BNB
Decoding Crypto Taxes in 2025 ๐งพ๐
Taxes in crypto can get trickyโbut staying compliant is essential:
๐ Every sale, trade, or swap may trigger a taxable event.
๐ Track your cost basisโknow acquisition price for each asset.
๐ Use portfolio trackers like CoinTracker or Koinly to simplify.
๐ DeFi interactions (staking rewards, liquidity mining) may be taxable income.
๐ Airdrops and new token rewards could be taxable upon receipt.
๐ก Tip: Keep separate wallets for staking, trading, and long-term holding.
๐ก Tip: Export CSVs regularly to avoid year-end chaos.
๐ผ Consult a professional if crypto income is significantโevery countryโs rules differ.
Being proactive now saves you headaches and penalties later.
Track it, report it, sleep well. Your future self will thank you.
#BinanceSquare

