it said here [https://koinly.io/guides/crypto-tax-germany/](https://koinly.io/guides/crypto-tax-germany/) that i dont pay taxes if i hold it for more than a year but what if i traded in less than a year and made a more than 600 £ profit?
and thanks
3 comments
If in doubt, ask your Steuerberater
If you hold longer than a year it’s tax free. If you don’t, you have to report it as income on your tax filing and pay the regular income tax on it. How high that tax rate is depends on your personal situation.
There’s a webapp specialized in German Krypto Tax called BlockPit they prepare all the paperwork via API (binance is supported).
Talking to a Steuerberater will most likely add some value