๐ฆ Can I withdraw back to my Aussie bank account?
01/06/25 18:17
Absolutely. CoinSpot lets you withdraw AUD back into your Australian bank account anytime.
๐งพ Do I need to pay tax on crypto?
01/06/25 18:16
Yes. The ATO treats crypto as an asset. If you make profits by selling or trading, you may need to report capital gains. We recommend you:
• Keep track of your trades
• Speak to your accountant
• Check out ATO’s crypto tax page
• Keep track of your trades
• Speak to your accountant
• Check out ATO’s crypto tax page
๐ฐ Is crypto legal in Australia?
01/06/25 18:16
Yes! Crypto is legal and regulated in Australia. CoinSpot is a registered Digital Currency Exchange with AUSTRAC.