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Here’s how much tax you'll be paying on your income from Bitcoin, Ethereum, and other cryptocurrencies. This guide breaks down everything you need to know about cryptocurrency taxes, from the high level tax implications to the actual crypto tax forms you need to fill out. We recommend you try this option only on the&Crypto.com Facebook page&and not any affiliated Facebook pages that might impersonate Crypto.com staff. Their official Facebook page, as well as other social media, can be found by accessing Crypto.com and scrolling down right above the footer. Security Risk: While Binance employs robust security measures, no platform is immune to the risk of cyber attacks. Users must be vigilant in securing their accounts, using features like two-factor authentication, and being aware of phishing attempts. There is also the risk of losing access to your account if you forget your credentials or lose access to your two-factor authentication method.