Yes. In general, the more active a crypto trader you are, the more tax implications there might be.If all you do with crypto is using U.S. dollars to purchase crypto and then keep it in your personal crypto wallet, it won’t be taxable. But the tax office takes treats cryptocurrency like other personal assets such as stocks or gold. If you sell or exchange your investment, that transaction’s capital gains are taxable.

You owe taxes on such activity as selling your assets back into U.S. dollars or trading one crypto for another (for example, Bitcoin to Litecoin). However, the transaction fee on the Hiribi depends on the coin you choose. For instance, the LTC’s transaction fee contains only 0,5$. Half a dollar and the coin is in your wallet. One more payment during the next change operations and there is already bigger profit. Later more, more and more.