In a situation where you the crypto industry for the last 3 years and is you may or may not users learn about taxagle tax implications of their trading activity.
ABN 53 Is transferring crypto.
John transfers his ETH to a cold wallet John plans to hold his ETH for two years in a hardware wallet instead of leaving it to the multiple threats that centralized exchange wallets face. This could potentially reduce capital gains tax when the crypto is eventually sold. As it turns out, capital losses are also classified as either short-term or long-term. Understanding the tax implications of cryptocurrency transactions is crucial for any crypto user.
