Self-custody wallets · 17 guides
Self-custody wallets, public address only.
A wallet app holds keys; the history lives on the blockchains it connects to. Paste the public address for each network you use and HashBooks reads it. Nobody needs your recovery phrase.
Your country
How it’s taxed where you live.
Shown for the country you picked at the top of the page, with a link to the full rules in the HashBooks help centre.
United States · Form 8949
- Selling, swapping or spending what you hold on Wallets. Selling, swapping or spending crypto is a capital gain or loss: short-term at 10–37% if held a year or less, 0, 15 or 20% if held longer. More on Wallets in United States
- Rewards and interest from Wallets. Staking rewards, interest and other rewards are ordinary income at their dollar value when received; that value becomes their cost basis. More on Wallets in United States
- NFTs bought or sold through Wallets. Selling an NFT at a gain is a capital gain; buying one isn’t taxable, it sets your cost basis. More on Wallets in United States
- Moving coins to or from Wallets. Moving crypto between your own wallets and accounts isn’t taxable. More on Wallets in United States
- Cost basis. Since 1 January 2025 cost basis is tracked per wallet or exchange; HashBooks uses FIFO, lot by lot. More on Wallets in United States
Full rules: the United States crypto tax guide in the help centre, or the United States overview.
United Kingdom · SA108
- Selling, swapping or spending what you hold on Wallets. Selling, swapping or spending crypto is a disposal for Capital Gains Tax: gains above the £3,000 annual exempt amount are taxed at 18% or 24%. More on Wallets in United Kingdom
- Rewards and interest from Wallets. Staking rewards are income at their pound value when received, and that value becomes their cost for a later disposal. More on Wallets in United Kingdom
- NFTs bought or sold through Wallets. Selling an NFT held as an investment is a Capital Gains Tax disposal; swapping one NFT for another is too. More on Wallets in United Kingdom
- Moving coins to or from Wallets. Moving crypto between your own wallets isn’t a disposal. More on Wallets in United Kingdom
- Cost basis. Disposals match same-day buys, then buys in the next 30 days, then the Section 104 pool. More on Wallets in United Kingdom
Full rules: the United Kingdom crypto tax guide in the help centre, or the United Kingdom overview.
India · Schedule VDA
- Selling, swapping or spending what you hold on Wallets. Each sale or swap is a transfer taxed at a flat 30% plus 4% cess on the gain. Losses can’t be set off, and only the cost of acquisition is deductible. More on Wallets in India
- Rewards and interest from Wallets. Staking, airdrop and other rewards are income at your slab rate when received; selling them later is a separate 30% transfer. More on Wallets in India
- NFTs bought or sold through Wallets. NFTs are virtual digital assets: a sale is a transfer taxed at 30% plus cess on the gain. More on Wallets in India
- Moving coins to or from Wallets. Moving crypto between your own wallets and exchanges isn’t a transfer. More on Wallets in India
Full rules: the India crypto tax guide in the help centre, or the India overview.
See the rules for your country.
Taxed or not
What creates tax, and what doesn’t.
| On Wallets | Taxable in United States? | How |
|---|---|---|
| Swapping one coin for another | Yes | A disposal of the coin you give up, at market value. |
| Buying and selling NFTs | Yes | A sale is a capital gain or loss; collectible NFTs can be taxed at up to 28% long-term. |
| Rewards, staking and interest | Income | Ordinary income at fair market value when received. |
| Bridging to another network | No | Moving your own coins between networks isn’t a sale, unless you receive a different asset. |
| Paying network fees | Depends | Usually added to cost or deducted from proceeds of the trade it paid for. |
| Moving to your own wallet | No | Moving between your own wallets and accounts. |
| On Wallets | Taxable in United Kingdom? | How |
|---|---|---|
| Swapping one coin for another | Yes | A disposal at market value. |
| Buying and selling NFTs | Yes | A disposal for Capital Gains Tax, unless you trade NFTs as a business. |
| Rewards, staking and interest | Income | Income at the pound value when received. |
| Bridging to another network | Depends | Not a disposal if you keep beneficial ownership of the same asset. |
| Paying network fees | Depends | Fees on a disposal are an allowable cost. |
| Moving to your own wallet | No | Moving between your own wallets. |
| On Wallets | Taxable in India? | How |
|---|---|---|
| Swapping one coin for another | Yes | A transfer of the coin you give up, taxed at 30% plus cess; TDS applies on both legs. |
| Buying and selling NFTs | Yes | A virtual digital asset: 30% plus cess on the gain. |
| Rewards, staking and interest | Income | At your slab rate when received. |
| Bridging to another network | No | Moving your own crypto isn’t a transfer. |
| Paying network fees | No | Not deductible: only the cost of acquisition counts. |
| Moving to your own wallet | No | Moving between your own wallets and exchanges. |
Worked example
The numbers, worked through.
Illustrative figures for the country you picked, from the worked examples in the HashBooks help centre.
Illustrative · United States
| Bridge 1 ETH from Ethereum (cost $2,000) | Not a sale |
|---|---|
| Swap the ETH for tokens worth | $2,600 |
| Cost basis carried over the bridge | −$2,000 |
| Gain on the swap | $600 |
| Gas paid in ETH, added to cost | −$4 |
| Reported gain | $596 |
The bridge keeps your original cost; the swap is the taxable event. The full example in the help centre.
Illustrative · United Kingdom
| Bridge 1 ETH (pool cost £1,600) | Not a disposal |
|---|---|
| Swap the ETH for tokens worth | £2,100 |
| Allowable cost from the pool | −£1,600 |
| Gas on the swap | −£3 |
| Gain | £497 |
Counts towards your £3,000 annual exempt amount. The full example in the help centre.
Illustrative · India
| Bridge 1 ETH (cost ₹1,70,000) | Not a transfer |
|---|---|
| Swap the ETH for tokens worth | ₹2,20,000 |
| Cost of acquisition | −₹1,70,000 |
| Gain (gas isn’t deductible) | ₹50,000 |
| Tax at 30% plus 4% cess | ₹15,600 |
On-chain swaps have no exchange to deduct TDS, so check whether you need to pay it. The full example in the help centre.
Other groups
Browse by what you use.
Ethereum L2s and EVM chains
Crypto tax for Arbitrum, Base, OP Mainnet, zkSync, Linea and 40+ more EVM networks.
OpenIndian exchanges
Crypto tax for WazirX, CoinDCX, CoinSwitch, ZebPay, Bitbns, Mudrex and more: Section 115BBH per transfer, 1% TDS matched to Form 26AS and Schedule VDA.
OpenDerivatives and perpetuals exchanges
Tax for crypto futures and perpetual swaps on Bybit, OKX, Hyperliquid, dYdX, Deribit and 40+ more: realised PnL and funding payments in your report.
OpenExchanges for US customers
Crypto tax for exchanges that serve US customers — Coinbase, Kraken, Gemini, Crypto.com and more — reconciled with Form 1099-DA and filled into Form 8949.
OpenExchanges for UK and EU customers
Crypto tax for exchanges serving the UK and EU — Kraken, Coinbase, Bitvavo, Bitstamp, Revolut X and more — with SA108, Anlage SO and Form CG1 reports.
OpenQuestions
Self-custody wallets, answered.
Does HashBooks need my seed phrase?
Never. A public address shows history but can’t move anything. Anyone asking for a recovery phrase is trying to take your funds.
My wallet uses several networks. What do I add?
The public address for each network you’ve used. EVM networks share one 0x address; Bitcoin and Solana each have their own.
Can HashBooks move or spend my crypto?
No. It reads data and nothing else — the product contains no code that can trade, withdraw or transfer. We never ask for a seed phrase, a private key or your exchange password. API keys are encrypted with AES-256-GCM and deleted the moment you remove the connection.
Something else? Read all questions and answers, ask us or browse the help centre.