Mining and swapping

Tax Questions
#1

I “mined” a token called pondcoin $pndc but it was just me swapping eth for pndx tokens until I was rewarded the actual $pndc tokens. How are these events taxed? As actual mining or just a swap?

#2

Hi Me2Cool8 :wave:t2:

Thanks for your message, unfortunately, we aren’t able to tell you if this is classed as mining or a swap as that’s a question for a qualified tax professional or your local tax authority.

Once you know the answer though, we can help mirror this is in your Koinly wallets. :+1:t2:

#3

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