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BNB (Binance Coin) Tax Guide
How BNB is taxed: trading, staking, fees and Binance Launchpad.
BNBStaking available
How is BNB taxed?
BNB is the native token of Binance. It is used to pay trading fees, participate in Launchpad events, and for staking. Each use can have tax implications. Taxes Crypto handles all these transactions.
BNB and trading fees
When you use BNB to pay your fees on Binance, this technically constitutes a crypto disposal. Taxes Crypto takes these fees into account when calculating your capital gains.
Launchpad and BNB staking
Binance Launchpad participations and BNB staking rewards are taxable. Taxes Crypto identifies these events in your Binance history and processes them correctly.
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