CRYPTO NEWSWIRE: Do You Have To Pay Taxes on Crypto-to-Crypto Trades? When dealing with crypto assets, many investors assume that they only have to pay taxes when they turn their digital assets into cash. This, however, is a costly misconception. In truth, crypto-to-crypto trades are considered taxable events by the IRS. That being the case, it is important that you understand how and when these transactions are taxed for accurate crypto accounting. Are Crypto-to-Crypto Trades Taxable Events? Yes, in the US, the Inland Revenue Service (IRS) considers crypto-to-crypto trades as taxable events. The IRS takes the position that swapping one cryptocurrency for another (e.g., BTC for ETH) is selling the first asset for fair market value and subsequently purchasing the second asset. How Are Crypto-to-Crypto Trades Taxed? As we’ve mentioned above, crypto-to-crypto trades are considered taxable events. What’s more, crypto assets are classified as property, not currency. That being the case, every time you trade in crypto, it is viewed as dealing with an asset, requiring you to calculate a capital gain or loss with each transaction. To determine your tax liability, you must first calculate the capital gain (or loss) by subtracting the cost basis from the fair market value of the asset at the time of the trade. If the value of the asset has increased, it’s a capital gain, but if the value has decreased, it’s a capital loss. The tax rate applicable to the transaction will depend on how long the asset was held. If the asset was held for less than a year, the short-term rate will be applied. However, if the asset was held for longer than a year, the long-term rate will be applied. In most cases, the long-term tax rate is less than the short-term rate. Common Mistakes Investors Make with Crypto-to-Crypto Trades? When it comes to dealing with crypto-to-crypto trades, there are several mistakes investors make that can complicate things in terms of compliance and accounting. If you’re looking to avoid these mistakes, you first need to know what they are. Here are some of the most common mistakes investors make with crypto-to-crypto transactions from a crypto accounting standpoint. Assuming tax-free status—The first and most common mistake investors make is assuming that crypto-to-crypto transactions are tax-free. As we’ve mentioned, it is not. Miscalculating the cost basis—The cost basis plays a crucial role in calculating your tax liability. Miscalculating it can result in your paying more or less tax than you should. Missing transaction records—Failing to keep track of your trade history, including small trades and decentralized finance (DeFi) transactions, can lead to incorrect capital gains or losses. Improper Reconciliation – Misclassifying internal transfers can lead to double-counting, resulting in incorrect tax calculations. Using improper valuation methods—Not using the correct fair market value in fiat currency at the time of the transaction can lead to improper calculations. How to Properly Track Crypto-to-Crypto Trades Here are the steps you need to follow to properly track your crypto-to-crypto transactions: Record the date & value—Document the date of the transaction, along with other crucial details like the exact time, volume, and fair market value of both assets in your local currency. Determine the cost basis—The cost basis is the amount you paid for the crypto, including the transaction fee. Keep track of it to ensure proper capital gains and tax liability calculations. Reconcile regularly—Regularly check your wallet activity with your records to identify potential errors, including missing transactions and double counts. Maintain a consistent accounting method—Consistently use the same, approved accounting method to track your transactions. Track fees – Network fees and exchange trading fees are generally considered deductible expenses. Make sure to separately track them and reduce your taxable gains. Working with a cryptocurrency accountant—keeping track of everything by yourself can be difficult. Hand over that responsibility to an experienced accountant and invest with greater confidence. Crypto-to-crypto trades may not feel like “cashing out,” but the IRS begs to differ. In fact, they consider such transactions taxable events. As such, without proper tracking, it’s easy to lose track of everything and get yourself in hot water with the IRS. That’s why accurate crypto accounting is non-negotiable. FILED UNDER: #CryptoTaxes, #CryptoToCrypto, #TaxableEvents, #IRSCrypto, #CryptoAccounting, #Cryptocurrency, #BitcoinTaxes, #CryptoTrading, #CapitalGains, #DeFiTaxes, #CryptoInvesting, #TaxTips, #CryptoCompliance, #CostBasis, #CapitalLoss, #LongTermGains, #ShortTermGains, #CryptoWallet, #TrackCrypto, #FairMarketValue, #CryptoProperty, #TaxLiability, #CryptoMisconceptions, #CryptoRecords, #ReconcileCrypto, #CryptoFees, #CryptoAccountant, #IRSGuidelines, #CryptoNews, #BlockchainTaxes, #DigitalAssetsTax, #TaxSeasonCrypto, #CryptoEducation, #AvoidTaxPenalties, #CryptoPortfolio, #TaxEfficientCrypto, #CryptoStrategy, #DecentralizedTaxes, #CryptoHODL, #TaxSmartCrypto, #CryptoBasics, #InvestmentTaxes, #CryptoGuide, #ProperCryptoTax, #CryptoValuation, #NetworkFees, #CryptoReconciliation, #TaxAwareness, #CryptoToCryptoTax, #CryptoTaxTips

Every time you send Bitcoin, you are paying for priority. That cost is called a fee. Fees are not charged by Crypto Dispensers or any platform. They go directly to the miners who confirm your transaction and add it to the blockchain. The higher the network demand, the more block space costs. The lower the demand, the cheaper it is to move. This is not a hidden charge. It is the price of a decentralized, trustless settlement system with no central authority controlling it. Understanding fees means understanding how Bitcoin actually works, not just how to buy it. Crypto Dispensers provides the education and the infrastructure to help you navigate the network with clarity. Learn more: cryptodispensers.com/crypto-… Know what you are paying for. Know why it matters. #Bitcoin #BitcoinEducation #NetworkFees #CryptoGlossary #DigitalAssets

Press release 📄 #DigitalNetworksAct: Commission Introduces Backdoor to Resurrect Network Fees 🌐 @MTStecher: "This is not a ‘voluntary conciliation’ procedure, but one that will create new disputes, clearly opening the door to #NetworkFees." 👉 ccianet.org/news/2026/01/dig…

EU #Consumers at Risk: How the #DigitalNetworksAct Could Reshape the Internet ⛔ In this video, @Claudi0Teixeira, Head of Digital Policy at #BEUC, explains why defending #NetNeutrality is essential for European consumers. 👇 #FairShare #NetworkFees youtube.com/watch?v=9KVoQHEu…

New #DigitalNetworksAct explainer 📑 Why mandating #IP dispute resolution inevitably leads to EU-wide #NetworkFees – and would turn #telcos into #gatekeepers of the internet 👉 Learn more: ccianet.org/library/why-mand…

From IP Disputes to #NetworkFees: The Danger in the #DigitalNetworksAct ⚠️ 🎬 @MTStecher breaks down how disguising network fees as an #IP dispute mechanism would hurt the #OpenInternet, stifle innovation, and increase costs for everyone – including #internet users. 👇

.@MTStecher on forthcoming #DigitalNetworksAct: "We urge EU policymakers to learn from 🇮🇹 #Italy’s misstep and ensure that the DNA does not include any #IP mechanism that could be used to impose #NetworkFees – 🚪 directly or through the back door." 👉 ccianet.org/news/2025/09/ita…

We are very excited to co-organise this #DigitalNetworksAct event with Euractiv on 16 October, exploring how the DNA could reshape Europe’s #OpenInternet. 👇 Register now! #DigitalDecade #FairShare #IPinterconnection #NetNeutrality #NetworkFees

Press release 📄 Italy’s Move Towards #NetworkFees Sets Blueprint for EU Under #DigitalNetworksAct ☎️ "Mandating IP dispute resolution is exactly what Europe’s big #telecom CEOs are lobbying for." 👉 ccianet.org/news/2025/09/ita… #connectivityEU #DigitalDecade #FTConnectEurope

Ahead of #DigitalNetworksAct, Professor Webb cautions @EU_Commission not to fall into #telcos’ false claims. 🤥 "Not only is #data usage no longer growing exponentially, it will soon not be growing at all." ⬇️ #NetNeutrality #NetworkFees #OpenInternet project-disco.org/european-u…

#DigitalNetworksAct: "The 🇪🇺 Commission should drop the idea of an arbitration or dispute resolution mechanism." "There is no market failure, it would unfairly benefit dominant #telecos and effectively introduce #NetworkFees." 👉 project-disco.org/european-u… #NetNeutrality

Has the US Administration helped put the final nail in the coffin of the EU's ludicrous concept of putting #networkfees on content / #cloud companies' Internet traffic? linkedin.com/posts/deanbuble…

MINERS SELLING 80K Bitcoin despite high prices! 😱 The dirty secret: ETFs make money from fees while miners get zero network transaction revenue. Eye-opening analysis: youtu.be/MwY414fS3sk?t=828 #BitcoinMiners #ETF #NetworkFees #Capitulation #Crypto

It's good to see European think tanks and NGOs stand up against something that has been rejected at least several times before. #networkfees #ipdisputes #fairshare #reincarnation #dna eutechloop.com/european-cons…

3/3 👇 Read the full report by @PlumConsulting to understand why it’s critical to speak up before the consultation closes on 11 July: plumconsulting.co.uk/study-o… #connectivityEU #DigitalDecade #EECC #FairShare #GigabitInfrastructure #NetNeutrality #NetworkFees #NetworkUsageFees

#DigitalNetworksAct: "There's a #monopoly problem, #ISPs control the only route to the subscriber." "Large #telcos might try this tactic to 🤑 extract revenue from popular #content providers and stifle #ISP competition." project-disco.org/european-u… #FairShare #NetworkFees

#DigitalNetworksAct: What Can 🇪🇺 Learn from Swisscom-INIT7 Dispute? 💡 "@EU_Commission should drop the idea of an arbitration or dispute mechanism. There is no market failure, it would unfairly benefit dominant #telcos, and introduce #NetworkFees." project-disco.org/european-u…

🔥Hot Item: Fighting for Net Neutrality – Our Chat with @socialhack from the Netzbremse Coalition About Their Complaint Against Deutsche Telekom 🔥 📢 "Access is no longer universal." 📺 Watch now:: youtu.be/b8JWQ19s988 #NetNeutrality #IPinterconnection #FairShare #NetworkFees

📑 Factsheet: How #Tech Is Saving European #Telcos "Driven by #innovation in #cloud computing and #AI, ☁️🤖 Europe’s #telecom sector is undergoing a #digital transformation." 👉 ccianet.org/library/how-tech… #DigitalNetworksAct #FairShare #NetworkFees #BEREC #ScalingUpTelecoms

"The debate around the EU’s upcoming #DigitalNetworksAct continues to be distorted by flawed claims," warns @MTStecher. ⚠️ "Now, the @EU_Commission is about to embrace the same misguided logic." ➡️ ccianet.org/news/2025/03/tec… #FairShare #NetworkFees #BEREC #ScalingUpTelecoms