Is moving crypto from exchange to wallet taxable

29261427 bitcoin

Receiving cryptocurrency from these activities on how wallet transfers affect your tax liability. Cryptocurrencies received via airdrops or evidence.

where is bitstamp located

FAQ - Do I Need to Pay Tax if I Move My Crypto to a New Exchange / Wallet?
Transferring crypto between your own wallets or accounts isn't typically a taxable event. It's more like moving your assets from one pocket to. You need to sell the asset before it can be exchanged for a good or service, and selling crypto makes it subject to capital gains taxes. Taxable as income. Is transferring crypto between wallets taxable? In short, no. This is because the vast majority of countries don't view crypto as a currency. They view it.