In this guide, we’ll break down everything you need to know about how crypto loans are taxed. The basics of cryptocurrency taxationBefore we jump into the tax implications of cryptocurrency loans, let’s briefly review the basics of how crypto is taxed. Capital gains tax: When you dispose of crypto, you’ll incur a capital gain or loss depending on how the price of your crypto has changed since you originally acquired it. How crypto loans can help you save money…Unlike disposals, loans from centralized entities like SALT Lending are considered non-taxable because rather than spending your Bitcoin or other crypto assets, you’re using them as collateral to secure a cash or stablecoin loan. Unfortunately, many of the tax advantages of crypto loans don’t apply to the DeFi space.