{"id":33905,"date":"2026-10-15T10:27:27","date_gmt":"2026-10-15T10:27:27","guid":{"rendered":"https:\/\/www.bitnovo.com\/blog\/?p=33905"},"modified":"2026-10-15T10:27:27","modified_gmt":"2026-10-15T10:27:27","slug":"do-you-have-to-declare-cryptocurrencies-if-you-havent-sold","status":"publish","type":"post","link":"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold","title":{"rendered":"Do you have to declare cryptocurrencies if you haven&#8217;t sold?"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-transparent ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Alternar tabla de contenidos\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#having_crypto_is_not_the_same_as_having_gains\" >Having crypto is not the same as having gains<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#what_exactly_is_a_capital_gain_or_loss\" >What exactly is a capital gain or loss?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#what_operations_must_be_declared\" >What operations must be declared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#what_if_you_have_only_bought_and_have_not_sold\" >What if you have only bought and have not sold?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#how_hacienda_knows_that_you_have_cryptocurrencies\" >How Hacienda knows that you have cryptocurrencies<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#models_172_and_173_of_providers_in_spain\" >Models 172 and 173 of providers in Spain<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#dac8_the_exchange_of_information_in_the_european_union\" >DAC8: the exchange of information in the European Union<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#model_721_for_crypto_outside_spain\" >Model 721 for crypto outside Spain<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#what_happens_if_you_dont_declare_your_cryptocurrencies\" >What happens if you don&#8217;t declare your cryptocurrencies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.bitnovo.com\/blog\/en\/do-you-have-to-declare-cryptocurrencies-if-you-havent-sold\/#frequently_asked_questions\" >Frequently asked questions<\/a><\/li><\/ul><\/nav><\/div>\n<span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 6<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span><p>It is one of the most repeated questions among those who buy Bitcoin (BTC) or any other cryptoasset: \u00abIf I haven&#8217;t sold anything and I keep my funds intact, do I have to declare anything to Hacienda?\u00bb.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter wp-image-20248\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/04\/Inteligencia-Artificial-IA-y-Criptomonedas-1-300x169.png\" alt=\"\" width=\"700\" height=\"394\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/04\/Inteligencia-Artificial-IA-y-Criptomonedas-1-300x169.png 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/04\/Inteligencia-Artificial-IA-y-Criptomonedas-1-1024x576.png 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/04\/Inteligencia-Artificial-IA-y-Criptomonedas-1-768x432.png 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/04\/Inteligencia-Artificial-IA-y-Criptomonedas-1-1536x864.png 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/04\/Inteligencia-Artificial-IA-y-Criptomonedas-1-2048x1152.png 2048w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>The quick answer is usually that buying and holding (HODL) does not generate an obligation to pay taxes on gains in the Income Tax (IRPF). However, the tax framework in Spain includes important nuances. Even if you haven&#8217;t exchanged your <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/tax-authorities-and-cryptocurrencies-in-spain\">cryptocurrencies<\/a> for euros, there are certain <strong>informational obligations<\/strong> about your balances that you could indeed have to comply with depending on where you keep your assets and what their value is.<\/p>\n<p>Next, we look at the difference between having crypto and generating profits, which operations are exactly taxed and what the informational returns required by the Tax Agency (<a href=\"https:\/\/sede.agenciatributaria.gob.es\/Sede\/en_gb\/procedimientoini\/GI50.shtml\">AEAT<\/a>) are.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"having_crypto_is_not_the_same_as_having_gains\"><\/span><strong>Having crypto is not the same as having gains<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Watching the balance of your cryptocurrencies grow on your app screen is exciting, but that number does not mean that you have money in your pocket or that you should pay taxes on it. For the Tax Agency (AEAT), the mere revaluation of an asset does not generate an obligation in the IRPF: there is a very clear boundary between owning an asset that has risen in price and earning real money with it.<\/p>\n<p>To understand it simply, imagine that you buy a collection of sneakers for \u20ac100 and after a few months their market value rises to \u20ac500. If you still have them stored in your closet, you haven&#8217;t earned money yet, you only have some sneakers that today are worth more. With cryptocurrencies exactly the same thing happens: it doesn&#8217;t matter that your Bitcoin is worth \u20ac80,000 today, as long as it stays in your wallet without moving, that gain is only <strong>\u00abon paper\u00bb<\/strong> and you don&#8217;t have to declare anything in the Income Tax.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"what_exactly_is_a_capital_gain_or_loss\"><\/span><strong>What exactly is a capital gain or loss?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>For Hacienda, money only starts to count when you dispose of the asset. It is at that moment of the operation when what is fiscally known as a <strong>capital gain or loss<\/strong> is generated.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-11662\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/06\/trading-criptomonedas-300x174.jpg\" alt=\"\" width=\"700\" height=\"407\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/06\/trading-criptomonedas-300x174.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/06\/trading-criptomonedas.jpg 592w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>The calculation applied by the AEAT is very direct:<\/p>\n<p style=\"text-align: center;\"><strong>Gain or loss = Sale price \u2212 (Purchase price + Fees)<\/strong><\/p>\n<ul>\n<li>A practical example: If you bought Bitcoin for \u20ac1,000 (paying \u20ac5 in commission) and some time later you sell it for \u20ac1,500 (paying \u20ac5 in commission), your real gain has been \u20ac490. That is the only figure on which you will have to pay taxes.<\/li>\n<li>If you don&#8217;t sell: As long as you don&#8217;t execute that sale, the result is zero for IRPF purposes.<\/li>\n<\/ul>\n<p>In short: the obligation to pay taxes is not born from how much your cryptocurrencies are worth today, but from the difference in real money that you obtain when you decide to sell them or exchange them.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"what_operations_must_be_declared\"><\/span><strong>What operations must be declared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>There is a frequent confusion between holding assets and carrying out operations subject to taxation. Below, the key assumptions that the AEAT considers <strong>taxable events<\/strong> are detailed:<\/p>\n<table style=\"height: 250px;\" width=\"1140\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Operation \/ Assumption<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>Tax classification (AEAT)<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>Impact on IRPF<\/strong><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>Key aspect to consider<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Sell crypto for euros<\/td>\n<td>Capital gain or loss<\/td>\n<td>Savings tax base<\/td>\n<td>It is calculated by the difference between the acquisition value and the transfer value in euros.<\/td>\n<\/tr>\n<tr>\n<td>Exchange one crypto for another (Swap)<\/td>\n<td>Exchange of goods (Capital gain\/loss)<\/td>\n<td>Savings tax base<\/td>\n<td>It is equivalent to selling the first asset at market price to buy the second (includes BTC to ETH or to stablecoins such as USDT\/USDC).<\/td>\n<\/tr>\n<tr>\n<td>Pay with crypto or gift cards<\/td>\n<td>Transfer of patrimony (Exchange)<\/td>\n<td>Savings tax base<\/td>\n<td>Delivering cryptocurrencies as a means of payment or acquiring <a href=\"https:\/\/www.bitnovo.com\/blog\/en\/how-to-buy-gift-cards-in-your-bitnovo-wallet\">gift cards<\/a> constitutes a taxable event due to the difference in value since their purchase.<\/td>\n<\/tr>\n<tr>\n<td><a href=\"https:\/\/www.bitnovo.com\/blog\/en\/what-is-a-cryptocurrency-airdrop\">Airdrops<\/a>, rewards and yields<\/td>\n<td>Capital gain or Return on movable capital<\/td>\n<td>General tax base \/ savings<\/td>\n<td>They are included according to their market value at the exact moment they are credited to the wallet, not when they are converted to euros.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"what_if_you_have_only_bought_and_have_not_sold\"><\/span><strong>What if you have only bought and have not sold?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The short answer is that the mere holding of cryptocurrencies does not generate a capital gain or loss that must be included in the IRPF, but that does not mean that you are 100% exempt from any tax obligation.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-33906 size-full\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/3-11.jpg\" alt=\"\" width=\"612\" height=\"344\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/3-11.jpg 612w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/3-11-300x169.jpg 300w\" sizes=\"(max-width: 612px) 100vw, 612px\" \/><\/p>\n<p>Although buying and holding is not taxed by itself in the Income Tax, whether you have to declare or report will depend on factors such as where they are deposited, the total value of your assets, whether you have made exchanges between cryptocurrencies, whether you have obtained yields from staking or mining, or your global patrimonial situation (which can activate the obligation to file informational returns such as <strong>Model 721<\/strong> or the <strong>Wealth Tax<\/strong>).<\/p>\n<table style=\"height: 159px;\" width=\"1123\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Obligation \/ Tax<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>When does it apply?<\/strong><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>Observation<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Model 721 (Informational return of cryptoassets abroad)<\/td>\n<td>If the total value of your cryptocurrencies in foreign exchanges or custodians exceeds \u20ac50,000 as of December 31.<\/td>\n<td>It is purely informational (nothing is paid), but omitting it entails high penalties.<\/td>\n<\/tr>\n<tr>\n<td>Wealth Tax \/ Solidarity Tax<\/td>\n<td>If your global net patrimony exceeds the exempt limits of your Autonomous Community (generally from \u20ac700,000 or \u20ac3,000,000 depending on the case).<\/td>\n<td>In this case, the value held as of December 31 does count for the tax base.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"how_hacienda_knows_that_you_have_cryptocurrencies\"><\/span><strong>How Hacienda knows that you have cryptocurrencies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The myth that transactions with cryptoassets are invisible to the tax Administration has been definitively left behind. Through a combination of national informational returns and European transparency directives, the Tax Agency in Spain has advanced tools to know both the balances you maintain and the detail of your operations on centralized platforms.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-9999\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2022\/05\/Qu\u00e9-es-el-vesting-en-criptomonedas-1.jpg\" alt=\"\" width=\"1\" height=\"1\" \/><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-19831\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/01\/Criptomonedas_-Entendiendo-su-Funcionamiento-y-Origen_-300x169.png\" alt=\"\" width=\"700\" height=\"394\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/01\/Criptomonedas_-Entendiendo-su-Funcionamiento-y-Origen_-300x169.png 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/01\/Criptomonedas_-Entendiendo-su-Funcionamiento-y-Origen_-1024x576.png 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/01\/Criptomonedas_-Entendiendo-su-Funcionamiento-y-Origen_-768x432.png 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/01\/Criptomonedas_-Entendiendo-su-Funcionamiento-y-Origen_-1536x864.png 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2024\/01\/Criptomonedas_-Entendiendo-su-Funcionamiento-y-Origen_-2048x1152.png 2048w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<p>Below, we summarize the three main channels through which Hacienda monitors your cryptoassets:<\/p>\n<h3><span class=\"ez-toc-section\" id=\"models_172_and_173_of_providers_in_spain\"><\/span><strong>Models 172 and 173 of providers in Spain<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Companies with tax residence in Spain that custody cryptoassets (exchanges, wallets) or provide exchange services are obliged to inform Hacienda annually:<\/p>\n<ul>\n<li>Model 172: Crypto balances as of December 31, identifying the holders and the equivalent value in euros.<\/li>\n<li>Model 173: Detailed record of all operations carried out.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"dac8_the_exchange_of_information_in_the_european_union\"><\/span><strong>DAC8: the exchange of information in the European Union<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Published in the OJEU in October 2023, the <a href=\"https:\/\/eur-lex.europa.eu\/legal-content\/ES\/TXT\/HTML\/?uri=OJ:L_202302226\">DAC8<\/a> Directive obliges all cryptoasset service providers (CASP) operating in the European Union to report their users&#8217; transactions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"model_721_for_crypto_outside_spain\"><\/span><strong>Model 721 for crypto outside Spain<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>If your cryptoassets are custodied on foreign platforms or exchanges and the total joint value of your portfolio held abroad exceeds \u20ac50,000 as of December 31, you must report it yourself through <strong><a href=\"https:\/\/sede.agenciatributaria.gob.es\/Sede\/en_gb\/procedimientoini\/GI55.shtml\">Model 721<\/a><\/strong>.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"what_happens_if_you_dont_declare_your_cryptocurrencies\"><\/span><strong>What happens if you don&#8217;t declare your cryptocurrencies<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Ignoring tax obligations with cryptoassets does not prevent the Tax Agency from detecting the omission through automatic data cross-checks. Not declaring gains or not filing informational models can give rise to surcharges, interest and economic penalties proportional to the seriousness of the offense.<\/p>\n<p>Below, the scenarios, consequences and economic impact are summarized according to the type of non-compliance:<\/p>\n<table style=\"height: 186px;\" width=\"1124\">\n<thead>\n<tr>\n<td>\n<p style=\"text-align: center;\"><strong>Scenario \/ Type of omission<\/strong><\/p>\n<\/td>\n<td style=\"text-align: center;\"><strong>Infraction according to the AEAT<\/strong><\/td>\n<td>\n<p style=\"text-align: center;\"><strong>Consequence \/ Applicable penalty<\/strong><\/p>\n<\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Not declaring gains in the IRPF (Sales to euros, swaps, airdrops or staking)<\/td>\n<td>Concealment of income \/ Failure to pay the tax quota.<\/td>\n<td>\u2022 Proportional fine: 50% (minor) up to 150% (serious\/very serious) on the amount not paid. \u2022 Late payment interest on the accumulated debt.<\/td>\n<\/tr>\n<tr>\n<td>Not filing Model 721 (Crypto abroad &gt; \u20ac50,000)<\/td>\n<td>Non-compliance with informational obligations.<\/td>\n<td>\u2022 Fixed fine: \u20ac20 for each data item or omission (with a minimum of \u20ac300 and a maximum of \u20ac20,000).<\/td>\n<\/tr>\n<tr>\n<td>Voluntary regularization (Filing late without prior request from Hacienda)<\/td>\n<td>Voluntary lateness (penalties for infraction are avoided).<\/td>\n<td>\u2022 Single surcharge: 1% + 1% additional for each full month of delay. \u2022 If it exceeds 12 months: 15% surcharge + late payment interest.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-33907\" src=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/5-21-300x200.jpg\" alt=\"\" width=\"700\" height=\"467\" srcset=\"https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/5-21-300x200.jpg 300w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/5-21-1024x683.jpg 1024w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/5-21-768x512.jpg 768w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/5-21-1536x1025.jpg 1536w, https:\/\/www.bitnovo.com\/blog\/wp-content\/uploads\/2026\/10\/5-21-2048x1366.jpg 2048w\" sizes=\"(max-width: 700px) 100vw, 700px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"frequently_asked_questions\"><\/span><strong>Frequently asked questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>Do I have to declare if I have lost money? Yes, it is advisable to do so. Losses offset the gains of the year or of the following 4, reducing what you pay in the IRPF.<\/li>\n<li>Does moving crypto between my own wallets pay taxes? No. Moving funds between addresses of your ownership does not generate a taxable event since there is no change of ownership.<\/li>\n<li>When are cryptos declared in the income tax? In the campaign of the following year (April-June). The date on which you carry out the operation counts, not when you withdraw to your bank.<\/li>\n<li>What documentation should I keep? Histories and receipts for 4 years. Keep CSV files, dates and prices to prove your acquisition costs before Hacienda.<\/li>\n<\/ul>\n<p>In short, the tax regulation of cryptoassets is increasingly strict and transparent, so proactive management is your best defense. Keeping an exhaustive record of your operations and knowing the limits of each model will save you costly errors before Hacienda.<\/p>\n<p>However, since each portfolio presents unique particularities, it is essential to consult with a specialized tax advisor to analyze your specific case, optimize your taxation and guarantee full compliance with the regulations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Tiempo de lectura:<\/span> <span class=\"rt-time\"> 6<\/span> <span class=\"rt-label rt-postfix\">minutos<\/span><\/span>Having crypto is not the same as earning with it. When you have to declare cryptocurrencies, what counts as a sale and what Hacienda knows.<\/p>\n","protected":false},"author":43,"featured_media":33900,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[165],"tags":[],"class_list":["post-33905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrencies"],"_links":{"self":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/33905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/users\/43"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/comments?post=33905"}],"version-history":[{"count":4,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/33905\/revisions"}],"predecessor-version":[{"id":34051,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/posts\/33905\/revisions\/34051"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media\/33900"}],"wp:attachment":[{"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/media?parent=33905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/categories?post=33905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitnovo.com\/blog\/wp-json\/wp\/v2\/tags?post=33905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}