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Episode 8: Selling Crypto for Another Crypto
Selling Crypto for Another Crypto
When you sell one cryptocurrency to buy another, it’s considered a taxable event, even if the transaction doesn’t involve converting crypto to ZAR. What are the tax implications of these crypto-to-crypto transactions? On this episode, we answer this question.
Hosted by Christo de Wit, Country Manager, Luno South Africa. We’re joined by a leading expert who will help demystify the world of crypto tax:
Wiehan Olivier, Partner as well as FinTech & Digital Assets Lead for Forvis Mazars in South Africa.
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Luno (Pty) Ltd is an authorised FSP, reg no. 53314. The information does not constitute financial or tax advice, nor a solicitation to trade. Luno makes no warranties or representations as to the veracity of any information provided by guest speakers. Tax consequences depend on your individual circumstances as a taxpayer. You should always consult with your own tax advisor for definitive advice.
View all episodes
By LunoSelling Crypto for Another Crypto
When you sell one cryptocurrency to buy another, it’s considered a taxable event, even if the transaction doesn’t involve converting crypto to ZAR. What are the tax implications of these crypto-to-crypto transactions? On this episode, we answer this question.
Hosted by Christo de Wit, Country Manager, Luno South Africa. We’re joined by a leading expert who will help demystify the world of crypto tax:
Wiehan Olivier, Partner as well as FinTech & Digital Assets Lead for Forvis Mazars in South Africa.
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Luno (Pty) Ltd is an authorised FSP, reg no. 53314. The information does not constitute financial or tax advice, nor a solicitation to trade. Luno makes no warranties or representations as to the veracity of any information provided by guest speakers. Tax consequences depend on your individual circumstances as a taxpayer. You should always consult with your own tax advisor for definitive advice.