Cryptocurrency Tax Advice: What You Need to Know in 2025

When you trade, earn, or hold cryptocurrency, a digital asset recorded on a blockchain that can be bought, sold, or used for payments. Also known as crypto, it’s not cash — and the tax rules treat it like property, not currency. That means every trade, every airdrop, every staking reward? It’s a taxable event. You can’t ignore it. The IRS isn’t asking nicely anymore — they’re matching exchange data, tracking wallet addresses, and auditing people who didn’t report. And it’s not just the U.S. Countries like Taiwan, Japan, and Vietnam are tightening rules too. If you’ve ever bought Bitcoin, claimed a free token, or sold Ethereum for cash, you owe taxes on it — whether you got a 1099 or not.

Most people think taxes only kick in when they cash out. That’s wrong. If you traded Bitcoin for Dogecoin, that’s a taxable sale. If you got a crypto airdrop, a free distribution of tokens to wallet holders, often as a marketing tactic by new projects — like APAD, TCT, or LGX — you owe income tax on the fair market value the day you received it. Even if you never sold it. And if you mined crypto or earned interest on DeFi platforms? That’s ordinary income. You need to track the dollar value at the exact moment you got it. No estimates. No "I think it was around $50." You need records. Most exchanges don’t give you clean tax reports. You’ll need to use a crypto tax tool or manually log every transaction. It’s messy, but it’s not optional.

And here’s the thing: if you’re using a sketchy exchange like HUA Exchange, a platform with no verified licenses, no customer support, and multiple red flags indicating it’s likely a scam, you’re not just risking your funds — you’re risking your tax compliance. No records. No statements. No way to prove what you bought or sold. That’s a nightmare waiting for audit season. Even if you’re not in the U.S., places like Taiwan and Japan now require detailed reporting. Ignorance won’t save you. The best crypto tax advice isn’t about finding loopholes — it’s about keeping clean, clear records from day one. Know what you own. Know when you got it. Know what it was worth. And know that every time you move crypto, you’re triggering a tax event.

Below, you’ll find real guides that cut through the noise. We’ve pulled together posts that show you how to handle crypto taxes in different countries, how to spot scam platforms that make reporting impossible, and how to track your transactions without going crazy. No fluff. No theory. Just what you need to stay compliant — and avoid a surprise tax bill.