Wednesday, May 19, 2021

Germany taxation on Tokens

Hello Omiers,

Today is my first buy on dip for 0.03. My question is about german taxation on tokens. I buy omi token from bitforex, but to do that, I buy Bitcoin in coin base and used in bitforex to buy omi. I know if we hold crypto for one year, the profits have no tax. so, here as i buy and sold bitcoin, its a taxable event. But i am not sure how omi tokens will be considered in the taxation system. Please help me out here.


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