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Trades between different cryptocurrencies i. IRS Form Sales and Other Dispositions of Capital Assets lists all of your capital gains and losses and whether you incurred a net capital gain or loss. It is used to connect and trade with crypto markets and payment processing services worldwide. January 18, Crypto Tax Havens: Unicorn Meta Zoo 3: Who is Charlie Lee? If you have your transaction history from where you bought it then you can import that information into a TaxBit through CSV. Cryptocurrency Tokens vs Coins: Like all other exchanges on this list, it charges a small fee for all transactions. Short-term capital gains are added to your income and taxed at your ordinary income tax rate.

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