Russian legislation prohibits the use of bitcoins in the country to pay for services. Therefore, when mining cryptocurrencies, clients have to make a withdrawal of money from mining to a card and only then change it into fiat (rubles, dollars). There are several options for selling coins, differing in the size of the commission and security.
Legality of withdrawing funds from mining in Russia
In the Russian Federation, you can not pay with digital assets. However, the legislation does not prohibit earning from mining and trading cryptocurrency. Users can sell coins in exchangers and on exchanges to get rubles. The main thing is to pay taxes. The exchange of assets is a source of income for the miner.
If you mine cryptocurrency without paying state fees, a citizen will receive a fine from the Russian Tax Service. Liability is provided for non-paying miners.
Taxes for cryptocurrency transactions
If the mining farm brings income, its owner must pay fees to the treasury – 13% from each transaction. Cryptocurrency in the Russian Federation is the same asset as real estate. Therefore, part of the miner’s profit from the sale must be given to the country.
If coins were bought and then exchanged, the tax base is the difference between the prices of operations. Here it is necessary to show how many roubles the currency was received for.
To the form PIT-3, which is submitted to the tax service, you need to add the history of wallet transactions, confirming income. It is enough to take a screenshot of the transactions.
5020 $
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100 $ 보너스 획득
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암호화폐 세계에서 빠르고 안전하게 여정을 시작할 수 있는 최대 규모의 암호화폐 거래소입니다. 이 플랫폼은 수백 개의 인기 자산, 낮은 수수료, 거래 및 투자를 위한 고급 도구를 제공합니다. 간편한 등록, 빠른 거래 속도, 안정적인 자금 보호 기능을 갖춘 바이낸스는 모든 수준의 트레이더에게 최고의 선택입니다!
A more favorable option for miners is the status of self-employed. They need to pay only 4% for selling coins to individuals and 6% to exchanges. However, they will have to find out information about the recipient of the assets.
채굴에서 돈을 인출하는 방법
Several ways to exchange bitcoins for rubles are offered. Below we will tell you how to withdraw money from mining to the card in Russia and what advantages the options have.
Cryptocurrency exchanges
The most popular and safe way to get rubles. More than 40 cryptocurrency exchanges are available in Russia, but they work with some restrictions in 2023. On these platforms, you can exchange coins directly and withdraw them. P2P trading is also available.
The minus of exchanges – the commission is higher than exchangers take. It is also necessary to specify personal information during verification. For this trading platforms provide security and check the honesty of operations.
In addition, large exchanges (Binance) have high liquidity. This allows you to quickly exchange even huge amounts to rubles. However, platforms do not support all currencies, so you need to look at the list of coins in the listing. To cash out funds, it is necessary:
- Open a wallet on the exchange.
- Click on “Withdraw funds”.
- Choose a payment method and coin.
- Specify the data of an e-wallet or bank card, as well as the amount to be withdrawn.
- Enter the confirmation code.
Exchangers
When cryptocurrencies in Russia were just becoming popular, it was difficult to get fiat. The exchanges known today have just appeared and worked with restrictions. Back then, miners mainly used exchangers.
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