Crypto Tax Report 2025 Germany
Germany has over 7 million active crypto users, generating nearly €47.3 billion in gains in 2024. An estimated €4 billion in taxes should be collected—yet only a fraction is reported. This study provides exclusive insights into German crypto users and their tax impact.
Key Results
Germany: A Nation of HODLers
- Over 63% of German crypto profits will remain tax-free in 2024, as the majority of the assets sold were held for more than one year.
- This long-term strategy reduces tax liability but presents challenges in tracking and proving ownership.
Centralized Exchanges Dominate
- Around 74% of German crypto assets are held on centralized exchanges.
- The median of a portfolio is €13,000.
- The top 1% of investors hold 25% of total crypto wealth.
The Compliance Gap: Billions Go Untaxed
- Less than 3% of German crypto users correctly report their gains.
- The increasing use of multiple platforms and wallets complicates tax reporting.
Questions? We're here to help!
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