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Crypto airdrop security | Can I sell my airdropped crypto tokens immediately? Receiving an airdrop is a taxable event, and you are taxed based on the fair market value of the tokens at the time of receipt. Being vigilant and conducting thorough research can significantly reduce the risk of falling for an airdrop scam. Crypto projects vary in their preferred choice of airdrop, depending on their end game. When you receive an airdrop, you are usually taxed at the market value of the tokens on the day you received them. Crypto Airdrops and Taxes An often overlooked aspect of crypto airdrops is their tax implications. Ratings and price predictions are provided for informational and illustrative purposes, and may not reflect actual future performance. |
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