Capital Gains (Crypto)
The profit made from selling cryptocurrency for more than you paid for it.
beginner
tax
Explained Simply
Capital gains occur when you sell, trade, or spend cryptocurrency at a higher value than your cost basis. In the US, short-term capital gains (assets held less than one year) are taxed as ordinary income (up to 37%). Long-term capital gains (held over one year) have preferential rates (0-20%). Capital losses can offset capital gains, which is why tax loss harvesting is popular among crypto investors.
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This content is for educational purposes only and does not constitute financial, tax, or legal advice. Always consult a qualified professional for advice specific to your situation.