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Crypto Tax Reporting (DAC8) FAQ
Your TIN (Tax Identification Number) is usually found on your National ID, Passport, or official tax documents (like a tax return or assessment).Feb 23, 2026Published on Feb 23, 2026Sep 30, 2026Updated on Sep 30, 20266What should X-Perps users in the EEA know about tax and reporting?
However, OKX doesn't generate country-specific tax reports. You may need to use this data with a tax professional or tax software to prepare your filings.2. Which EEA countries have specific rules for crypto derivatives? Tax treatment of crypto derivatives varies across the EEA. Some countries treat them as capital gains, others as income. Check with your local tax authority or a qualified tax advisor for guidance specific to your jurisdiction.3. Do I need to report funding payments separately?Apr 15, 2026Published on Apr 15, 2026Aug 5, 2026Updated on Aug 5, 2026My account says “We need to know more about you.” What should I do?
or profit-distribution record Evidence showing how the business income reached you A business licence alone may show that the business exists, but it may not establish the source of the funds or prove that you received them.Investment Returns Provide one or more of the following: A brokerage or investment statement A dividend or interest notice A tax record A bank statement showing the proceeds A transfer record, where requiredAnother Exchange or Self-Custodial Wallet Provide evidence that you ownAug 28, 2026Published on Aug 28, 2026Sep 15, 2026Updated on Sep 15, 20265Tokenized assets in Europe: what Tokenized Stocks are and how do I use it?
You don't receive direct ownership of the underlying shares or direct voting rights.How are dividends handled? You don't receive a conventional shareholder dividend directly from the underlying company. For the currently documented xStocks issuer structure, the applicable issuer reinvests the net economic value of an eligible dividend and adjusts the multiplier. We'll then reflect that change in your share-equivalent balance. Any amount reflected is net of applicable withholding taxes.Sep 8, 2026Published on Sep 8, 2026Sep 24, 2026Updated on Sep 24, 2026TradFi X-Perps vs Real Stocks FAQ
The underlying shares or ETFs may pay dividends to shareholders or ETF holders, but X-Perp traders don't own those shares or ETF units and don't receive direct dividend distributions. OKX may introduce synthetic dividend adjustments in a future product phase.Can I vote as a shareholder if I trade a TradFi X-Perp? No. X-Perps don't provide voting rights.Jun 9, 2026Published on Jun 9, 2026Aug 13, 2026Updated on Aug 13, 2026Will the token balance change without any on-chain activity?
For dividend-paying tokens, the token balance is adjusted according to the dividend ratio at fixed intervals. There may be other irregularities. The contract constructor can modify the token contract's balance, and these balances may also change dynamically. OKX Wallet has currently improved the real-time update of these token balances and provides notifications for such changes.What can I do if there's an unexpected change in my balance?Sep 22, 2023Published on Sep 22, 2023Aug 5, 2026Updated on Aug 5, 20261,472TradFi X-Perps Introduction FAQ
You do not receive shareholder rights, voting rights, or dividends. What you own is the position itself, a contractual claim on price performance, entitling you to the profit or loss from closing the position, plus any funding rate receipts or obligations while the position is open.How are Index X-Perps different from investing in ETFs? OKX X-Perps like SPYUSD Perp and QQQUSD Perp track the price of an ETF unit but do not give you ownership of the ETF units themselves.Jun 9, 2026Published on Jun 9, 2026Oct 11, 2026Updated on Oct 11, 2026Tokenized stocks FAQ
These events include: Dividends Stock splits Mergers Earnings announcements Handling of these events varies by provider. Some providers may automatically reinvest dividends, while others may have different methods of handling such corporate actions. You can refer to Ondo's official documentation for more details.11. What are the tips for trading tokenized stocks?Feb 2, 2026Published on Feb 2, 2026Oct 2, 2026Updated on Oct 2, 202619Why might my RWA limit order be automatically adjusted?
The token issuer may update the multiplier following a corporate action, such as: A stock split A reverse stock split A dividend Another adjustment affecting the underlying asset These events may change the number of token units representing the same underlying asset value. Q: How does a multiplier change affect my open limit order? If the payment or receiving crypto in your open limit order is an affected RWA token, the relevant order details will be automatically adjusted.Sep 15, 2026Published on Sep 15, 2026Sep 15, 2026Updated on Sep 15, 202613How do I submit my proof of address (POA)?
Tax form, tax statement, or tax return. Valid rental agreement: The lease period must be for at least 6 months or more and the remaining tenure of the agreement must not be less than 2 months (can be issued for an indefinite period). It has to be signed by both parties (landlord and tenant). Valid utility bills such as water, electricity, gas, home attached television or internet bills, landline telephone bills. Mobile phone statements are not acceptable.Sep 5, 2023Published on Sep 5, 2023Aug 5, 2026Updated on Aug 5, 20265What proof of address documents can I submit?
Government correspondence — Issued within the last 6 months; examples include pension, unemployment-benefit, tax, or housing-benefit correspondence. Tax form, tax statement, or tax return — Issued within the last 6 months. National identity card, residence permit, or driving licence showing full name, photograph, and address — Accepted while valid. Another POA may be requested when further verification is required. Official conduct certificate — Issued within the last 6 months.Aug 28, 2026Published on Aug 28, 2026Aug 28, 2026Updated on Aug 28, 2026What are Source of Funds (SoF) and Source of Wealth (SoW)?
SoF/SoW Document Type Description Salary Payslip Issued within the last 3 months Bank Statement Shows salary deposits/employment income (past 3 months) Tax Document Shows employment income (past 12 months) Letter of employment Issued within the last 3 months, with employment confirmation and salary details Others Issued within the last 3 months, with employment confirmation and salary/compensation details Business ownership Bank Statement Shows income payments (past 3 months) Tax Document Shows businessDec 24, 2024Published on Dec 24, 2024Aug 11, 2026Updated on Aug 11, 20261,008How do I trade a USD pair using USDC or another stablecoin?
If the asset you expect isn't there, contact support and we'll check your account.How are trades on a USD pair treated for tax? This article describes how settlement works on OKX. It isn't tax advice. How a trade is treated for tax depends on your own circumstances and on the rules that apply to you, so please speak to your own tax adviser.Sep 3, 2026Published on Sep 3, 2026Sep 3, 2026Updated on Sep 3, 2026USDG Convert Fees Change Announcement
Please consult your legal/tax/investment professional for questions about your specific circumstances. OKX Team February 20, 2025Feb 20, 2026Published on Feb 20, 2026Aug 5, 2026Updated on Aug 5, 20267Rewrite The System KOL terms and conditions
Any and all applicable taxes and all fees and additional expenses, including connection, installation, and/or service costs, related to acceptance and use of Promotion Reward are the sole responsibility of the individual Promotion Reward recipient. OKX reserves the right to exclude any participants from this promotion and/or cancel this promotion without notice.May 15, 2023Published on May 15, 2023Aug 5, 2026Updated on Aug 5, 202622