staking crypto tax, handled
Staking creates two tax moments: income when you receive a reward, and a capital event when you later dispose of it. Coinfig handles both, valued in rand.
What Coinfig handles
- Exchange staking rewards from connected accounts (e.g. Luno, VALR, Kraken)
- On-chain and liquid-staking rewards (Solana, Cardano, Ethereum and more)
- Each reward valued in rand at receipt as income
- The reward’s rand value carried as base cost for the eventual disposal
Scope & coverage
Coinfig captures staking rewards from connected exchanges and from the 21 networks it reads on-chain. Rewards that only exist in a wallet you have not connected need that wallet added first.
Frequently asked
How are staking rewards taxed in South Africa?
Staking rewards are generally income, taxed at your marginal rate on their rand value when received. When you later sell, a separate capital gains calculation applies. This is general information, not tax advice.
Does Coinfig value rewards in rand?
Yes. Every reward is priced in rand at the date of receipt using historical market data, so both the income figure and the future base cost are correct.
Does Coinfig support liquid staking?
Yes — liquid-staking tokens and their rewards are read from the supported chains.
This page is general information, not tax advice. Confirm your position with a registered tax practitioner.