# 9- TAXATION

Depending on your location, you may need to pay taxes on your crypto gains. There are legal methods for tax reduction, along with tools to track trades and calculate capital gains.

I use Koinly, which offers a free trial account. Typically, the $45 account suffices. Use this link for a $20 discount if you decide to purchase it.\
<https://koinly.io/?via=FDDA803B>&#x20;

To learn more about crypto taxation watch this video <https://youtu.be/EMNSwa_PkkA>&#x20;

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