Cryptocurrency Q&A Is Binance taxable in Australia?|.Yes.

Is Binance taxable in Australia?|.Yes.

SamuraiCourageous SamuraiCourageous Thu Jun 06 2024 | 7 answers 2118
Excuse me, I have a question regarding cryptocurrencies and taxation. I'm interested in Binance specifically, as I've been using it for trading. Could you please clarify if transactions made on Binance are taxable in Australia? I've heard conflicting information and I'm trying to get a clear answer. I understand that generally, profits from crypto trading are taxable, but I'm not sure if Binance, as a platform, has any specific tax implications in Australia. Thank you for your help in clarifying this matter. Is Binance taxable in Australia?|.Yes.

0 answers

| Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts