What can we help you with?

Do I have to pay taxes on my cryptocurrency?

Whether you have to pay taxes on your cryptocurrency winnings depends on your tax residence. It is important to check the laws in your country of residence to determine whether or not you are required to pay taxes on your cryptocurrency gains. In some countries, cryptocurrency gains may be subject to capital gains tax, while in others they are treated as regular income.

The value of your portfolio is measured annually on Jan. 31. You can use this amount to declare your taxes.

It is also important to note that BCM is not responsible for determining or collecting taxes on your cryptocurrency winnings. It is the responsibility of the individual user to report and pay applicable taxes. If you have questions about your tax obligations, we recommend that you contact your local tax authority or seek advice from a tax advisor.