
The Australian Tax Office has recently announced that all cryptos are now subject to goods and services tax (GST) in Australia. If you’re an Australian crypto trader, then it's imperative to keep track of your transactions and how they'll affect taxes. Why? Simply put: if you sold some Bitcoin abroad or made a purchase in Australia that wasn't with AUD, the ATO will want their share!
If you’re trading cryptocurrency in Australia, then there may be other tax considerations that you need to know about. Find more here!






here are top tips to help you get started.Invest in SoftwareYou’ll need the right tools to help you understand what crypto trading is all about.
That will impact your investment decisions.Determine Your ProfileWhat’s your investment risk profile?
Don’t dive into a venture before knowing how much of your funds you’ll be willing to part with.Set TargetsOnce you know what your risk profile is, it’s time to come up with a list of targets.
That way, if something goes wrong, you’ll know when to cut your losses and go.Manage Your RisksMake sure you watch your portfolio.
You can make a move to protect your assets.Be Calm If you’re ready to invest, then you need to know that sometimes market conditions are anything but favorable.
What kind of stocks is likely to dominate the market or grow in the next few years?
