Crypto tax guide for investors
Why taxes trip up crypto investors
Exchanges do not file on your behalf. Swaps, Earn income, futures P&L, and transfers between wallets can all create reporting obligations depending on jurisdiction. Good habits start with complete transaction history, not April panic.
Common taxable event categories
- Selling crypto for fiat
- Trading one coin for another (including stablecoins)
- Some jurisdictions: Earn staking/flexible yield income
- Gifts, airdrops, and mining — rules vary widely
Record-keeping system
- Monthly Binance CSV export + Smitvi sync export — export guide
- Log INR/USD rate at trade time if your country requires it
- Label large moves: rebalance, gift, off-ramp
- Store files encrypted; never email raw API secrets
India-specific note
Indian investors often track VDA disclosures, TDS certificates, and INR conversion at transaction time. Rules evolve — use official guidance and a CA familiar with crypto. Our disclaimer applies to all analytics.
How Smitvi helps (without filing for you)
Pro users can download transaction CSV and educational summaries from Export. Numbers may not match exchange reports line-for-line; treat them as a co-pilot for review, not an official filing document.
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