What types of crypto transactions usually require tax payments?
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Most tax authorities treat crypto similar to stocks or property. You generally need to report and pay tax on:Selling crypto for fiat
Trading one token for another
Spending crypto on goods or services
Receiving staking, mining, or airdrop rewards
Earning crypto as income or payment
Many people are surprised that swapping crypto → crypto is taxable in many countries. Holding without selling typically does not trigger tax.
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Most gains-based transactions trigger tax events in many jurisdictions.
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People often forget swaps and NFTs can be taxable too.
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Smart money prefers OTC to avoid slippage—classic accumulation behavior.