What are the tax implications for CeDeFi trading?

Gepubliceerd op 12 nov 2025Geüpdatet op 12 nov 20252 min. leestijd

CeDeFi trades are executed within a self custody wallet and users are responsible for approving transactions to be executed in the self custody wallet with any third party decentralized protocols. OKX is NOT obligated to report CeDeFi trades to the IRS and issue Form 1099-DA. It's solely users' responsibility to keep track of the cost basis of crypto assets within a self custody wallet and report realized gains / losses on income tax returns.

Disclaimer
OKX does not offer tax advice. This summary is provided for informational purposes only and it is not intended to provide any investment, tax, or legal advice. The availability of these tools on our platform does not constitute an endorsement or recommendation of any particular accounting method. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and consult with a tax professional regarding your own tax circumstances.