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Crypto Taxes Explained For Beginners - Cryptocurrency TaxesCapital gains taxes apply to cryptocurrency sales. Cryptocurrency income is taxed based on its fair market value on the date you receive it. If kept in the revenue account, crypto mining, staking, airdrops, and hard fork proceeds are considered income and taxed at. Disposing of cryptocurrency may be subject to capital gains tax or income tax depending on whether the transaction is considered an 'investment'.
