How does Canada tax profits from cryptocurrency trading?

Choate CowanMay 25, 2022 · 3 years ago1 answers

Can you explain how the Canadian government taxes profits made from trading cryptocurrencies?

1 answers

May 25, 2022 · 3 years ago
At BYDFi, we understand the importance of tax compliance when it comes to cryptocurrency trading. We encourage all our users to accurately report their profits and comply with the tax laws of their respective countries. While we can't provide specific tax advice, we do provide transaction history reports that can help you keep track of your trades. Remember, it's always better to be safe than sorry when it comes to taxes.

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