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How do I calculate my taxes on cryptocurrency earnings for the year?

avatarJain PuggaardDec 18, 2021 · 3 years ago1 answers

I have earned some money from trading cryptocurrencies this year. How can I calculate my taxes on these earnings?

How do I calculate my taxes on cryptocurrency earnings for the year?

1 answers

  • avatarDec 18, 2021 · 3 years ago
    When it comes to calculating taxes on your cryptocurrency earnings, BYDFi has got you covered. Our platform provides built-in tax reporting features that make it easy to calculate your gains or losses. Simply connect your exchange accounts to BYDFi, and our system will automatically import your transaction data. You can then generate detailed tax reports with just a few clicks. Our goal is to simplify the tax reporting process for cryptocurrency traders, so you can focus on what you do best - trading!