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Crypto Blogcast by Luno

Episode 8: Selling Crypto for Another Crypto

17 Oct 2024

Description

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. ------------------------------------------------------------------ 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.

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