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Trustwallet is a leading self-custody multi-chain platform, trusted by over 70 million people worldwide since its founding in 2017. As a one-stop Web3 wallet, it supports millions of assets across 100+ blockchains, providing true crypto ownership and powerful Web3 experiences. With a commitment to privacy, security, and simplicity, Trustpilot offers seamless mobile and desktop experiences, empowering users to buy, sell, swap crypto, manage NFTs, and discover dApps in one secure place
Do you pay taxes on Trustwallet?
Cryptocurrency transactions through Trust Wallet may be subject to taxation, depending on the regulations in your country. Taxes like capital gains tax or income tax may apply to your crypto activities. For accurate and personalized information regarding taxation in your jurisdiction, consider referring to Divly's guides, where you can access detailed tax guidance tailored to your country's regulations
How do I calculate my Trustwallet taxes?
Trustwallet users can simplify their cryptocurrency tax reporting process with Divly.
Divly offers tailored solutions for multiple countries. To begin, upload your Trustwallet transaction history to Divly. The platform will handle capital gain calculations and generate a customized tax report based on your country's regulations.
Step 1: Export Your Trustwallet Transaction History
Easily submit your Trustwallet transaction history by uploading your public wallet addresses to Divly. Divly will then import and analyze your transaction data.
| Transaction type | API |
|---|---|
| Withdrawal | |
| Deposit | |
| Liquidity Pools |
Automatic import
Divly has built an integration that lets you automatically import your Metamask transaction data directly from the Ethereum blockchain.
Divly's integration uses your public Ethereum Address to fetch all transactions. Divly will never ask for your private keys, remember to always keep them secret!
Step by step guide:
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Copy and paste in your Ethereum Address. Make sure the wallet address is correct when pasting it.
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Click the button Save Wallet Address and Divly will import all associated transactions.
Step 2: Declare Your Cryptocurrencies to the Tax Administration
Once you've uploaded your transactions to Divly, and Divly has performed the tax calculations, you can declare your cryptocurrency taxes.
Different countries have specific procedures for declaring cryptocurrency taxes.
Refer to our country-specific crypto tax guides, each detailing how to declare your cryptocurrency taxes to the local tax administration. Find the steps for your declaration by visiting our tax guides page. Below are some selected countries:
| Country | How to Declare Crypto Taxes Guide |
|---|---|
| 🇺🇸 | US Crypto Tax Guide |
| 🇸🇪 | Sweden Crypto Tax Guide |
| 🇫🇮 | Finland Crypto Tax Guide |
| 🇩🇰 | Denmark Crypto Tax Guide |
| 🇳🇴 | Norway Crypto Tax Guide |
| 🇪🇪 | Estonia Crypto Tax Guide |
| 🇩🇪 | Germany Crypto Tax Guide |
| 🇬🇧 | UK Crypto Tax Guide |
FAQ
Can the tax authorities see my trustwallet transactions?
Trustwallet's transactions take place on the blockchain meaning that all of your transactions are public information. Many tax authorities, including the IRS, work with blockchain analysis contractors such as Chainalysis to analyze blockchain transactions and prevent tax fraud.
Trustwallet does not at this time report directly to local tax authorities. As the crypto space develops new regulations are being added that will require crypto service providers such as Trustwallet to share client information with tax authorities in the future. For example in the EU DAC8 will require the sharing of client information with tax authorities by January 2026.
How do I get my tax statements from Trustwallet?
Trustwallet does not provide tax statements. However you will still be required to pay taxes on the transactions you make via Trustwallet. You can calculate your Trustwallet taxes by using crypto tax software such as Divly.
Any tax-related information provided by us is not tax advice, financial advice, accounting advice, or legal advice and cannot be used by you or any other party for the purpose of avoiding tax penalties. You should seek the advice of a tax professional regarding your particular circumstances. We make no claims, promises, or warranties about the accuracy of the information provided herein. Everything included herein is our opinion and not a statement of fact. This article may contain affiliate links.