The CoffeegrammerDec 28, 2021 · 3 years ago7 answers What are the tax implications for short-term trading of cryptocurrencies?
Can you explain the tax implications that arise from engaging in short-term trading of cryptocurrencies? I would like to understand how the profits and losses from these trades are taxed, as well as any specific reporting requirements or considerations that need to be taken into account. Are there any differences in tax treatment between different types of cryptocurrencies or trading platforms?