When do I owe taxes on crypto?

[kevin1]

Most countries tax crypto when it is considered a taxable event, which may include:

Selling crypto for fiat

Trading one crypto for another

Spending crypto on goods or services

Earning crypto through staking, mining, or airdrops

Even if you don’t cash out to fiat, many countries still require reporting.

[Nahid Hossen]

You typically owe taxes when you sell, trade, or earn crypto.

[JanEmil]

Hard to pay tax because cash out to banks give problems.