cryptact canada 🇨🇦

📢 Filing your #crypto taxes soon? 💡 Try cryptact, the automated #cryptotax tool trusted by 150K users! Why choose cryptact❓ ✅ Free to start ✅ 140+ exchanges and blockchains ✅ 25,000+ cryptocurrencies ✅ Easy API sync ✅ Supports #DeFi #NFT Tap🔗cryptact.com/en

March Break is coming to Canada 🏔️⛷️   If your kids are off school next week, the last thing you want is to deal with crypto taxes.   Get it done this weekend — cryptact takes 30 minutes. cryptact.com/en 🍁

TGIF. Treat yourself. Do your crypto taxes. 🍁 #CryptoCanada

Friday plans, Canadian crypto edition 🍺🍁   Option A: Stress about taxes all weekend, manually dig through exchange CSVs, calculate ACB wrong, cry a little.   Option B: Spend 30 min on cryptact tonight. Get your CRA report. Enjoy the weekend. 😎   We know which one we'd choose. cryptact.com/en

Foreign crypto holdings over $100,000 CAD? 🌍   You may need to file Form T1135 with CRA.   Important note: Crypto held on a CIRO-registered Canadian exchange is generally exempt. But foreign exchanges? Different story.   Don't miss this one. 🍁

⏰ 6 weeks to CRA deadline. Self-employed? You have until Jun 15 to FILE — but April 30 to PAY. Either way, knowing what you owe starts with calculating it. Cryptact → CRA-ready report in minutes. cryptact.com/en #CryptoTax #CryptoCanada

Still on spreadsheets for crypto taxes? 📊   There's a better way. Cryptact imports from 30+ exchanges, calculates ACB, and exports a CRA-compliant report.   Free plan. No credit card. 👉 cryptact.com/en

The CRA doesn't forget. Neither should you. 📋 #CryptoTax #CryptoCanada

🧵 Everything taxable in Canada — the full breakdown:   💰 Selling crypto for CAD → Capital gain 🔄 Crypto-to-crypto swap → Capital gain ⛏️ Mining rewards → Business income 🌾 Staking rewards → Income on receipt 🛍️ Buying goods with crypto → Capital gain 🎁 Gifting crypto → Disposition at FMV 🏦 DeFi yield → Income 🖼️ NFT sale → Capital gain or business income   Cryptact handles every single one. 🍁 cryptact.com/en   #CryptoTax #CryptoCanada

cryptact's Update🚀 Here's our release for this week! ■File Support: Supported format changes for Transaction Records file @binance ■Improved icons for exchanges & blockchains grid.cryptact.com/exchanges Read more👇 cryptact.com/en/news/news-a…

Midweek check-in 🙋 Where are you at with crypto taxes? #CryptoCanada #TaxSeason2026

Gifting crypto to a friend? 🎁   CRA treats that as a disposition at fair market value. Meaning: any gain since you bought it? Taxable to YOU — not them.   Even kindness has tax implications in Canada. 🍁 cryptact tracks every transaction type including gifts.

Picture this 😅   It's April 28. You have 50+ transactions across 4 exchanges. You're building a spreadsheet. At midnight. You're not sure if that DeFi swap was taxable.   OR 👇   It's March 18. You spend 30 min on cryptact. Report done. Stress level: zero. 😎   The choice is yours, Canada. 🇨🇦 cryptact.com/en

🚨 The Superficial Loss Rule — the CRA trap most Canadians miss.   Sold crypto at a loss and re-bought the same coin within 30 days?   CRA calls that a 'superficial loss' — and it's NOT deductible.   This catches a LOT of investors off guard. Cryptact flags these automatically so you stay compliant. 🍁

Did you know? Staking rewards are taxed as INCOME in Canada 🍁   Not capital gains — income. At the fair market value in CAD on the day you receive them.   And that same value becomes your new cost basis when you eventually sell.   Two taxable moments. One asset. Track both.

Which crypto activity confuses you most at tax time? 👇

ACB wrong = taxes wrong.   Start free: cryptact.com/en 🍁

That ETH → SOL swap you did in 2025? 🤔   In Canada, that's a taxable event. CRA treats every crypto-to-crypto trade as a disposition at fair market value.   Yes, even if you never touched CAD. Yes, all of them.   Cryptact tracks every trade, every wallet. 🍁

happy birthday @solana 🎂✨6️⃣🔥 thank you for having us @SuperteamCAN 🕺🎉

ACB isn't just a formula — it's a legal requirement 🇨🇦   The CRA only accepts the Adjusted Cost Base method for crypto. FIFO? Not allowed. Specific ID? Nope.   One method. One chance to get it right. Cryptact handles it automatically.

Tax Tip Tuesday 💡 ACB (Adjusted Cost Base) — explained simply 🧵 1/ ACB is the average price you paid for a crypto asset, across ALL your purchases. 2/ Every time you buy more, your ACB changes. 3/ When you sell, CRA calculates your gain using: Sale price − ACB = Gain. 4/ ACB must be tracked per coin — not per transaction. 5/ Getting ACB wrong = filing wrong = CRA penalties. cryptact calculates it automatically. 🍁 cryptact.com/en