Taxation of gains and losses from crypto derivatives trading varies by jurisdiction. Generally, profits from trading derivatives are subject to capital gains tax, which may be short-term or long-term depending on the holding period. Traders are required to report trading activity, calculate gains or losses in the local currency, and file tax returns accordingly. Tax professionals or accountants can provide guidance on tax compliance and reporting obligations for crypto derivatives trading activities.
source:
https://www.blockchainappfactory.com/crypto-derivatives-exchange-development
Locked
