Nobody knows who Satoshi Nakamoto is. But he, she, or a collective had a vision for a new currency in 2008. The result was Bitcoin - a fundamentally new method of storing and transferring value. In contrast to conventional financial networks, Bitcoin does not require any central authorities or trustworthy parties, and there is only a limited number of bitcoin, which means that it retains its value in a similar way to gold, for example.

21bitcoin is for anyone who wants to buy, sell & securely store Bitcoin. Starting from just €10 via our mobile app.

21Private is for people who want to trade beyond our standard limits. 21Private clients can buy or sell larger amounts of more than €100,000 and benefit from exclusive personal service (including telephone support) & expert advice from our specialists.

21Business is designed for companies that want to add Bitcoin to their balance sheet. With exclusive, personal service and industry-leading expertise.

In short: In Austria, yes, completely automatically. In Germany and the rest of the world, we support you with ready-made reports, but you are responsible for filing the actual tax return yourself.

🇦🇹 Austria

Yes, 21bitcoin simplifies tax compliance. Since January 1, 2024, Austrian crypto brokers are legally obliged to automatically deduct capital gains tax (KESt) – and that's exactly what we do for you. For profits from the sale of Bitcoin, we withhold the 27.5% KESt and remit it directly to the tax authorities. You don't have to declare your Bitcoin profits yourself in your tax return and don't have to worry about anything.⁠⁠⁠⁠​

🇩🇪 Germany

In Germany, we do not automatically deduct any taxes – this is not legally mandated here. However, we make filing your tax return as easy as possible for you: With a single click, you can export your account statement and your complete transaction history as a PDF or CSV. Good to know regarding German law: Profits are tax-free after a holding period of more than one year (§ 23 EStG). If you sell earlier, profits are subject to your personal income tax rate, provided the tax-free allowance of €1,000 per year is exceeded.⁠⁠⁠⁠​

🌍 Rest of the World

Outside of Austria, we do not automatically deduct any local taxes. However, you can always access your account statements and tax reports (PDF & CSV) for any period, which you can use for your tax declaration according to the respective national rules.⁠⁠​

Note: This information is for general guidance only and does not constitute tax advice. For your individual situation, please consult a tax advisor.

21bitcoin offers a cost-efficient and transparent fee structure starting at 0.79%. Fees vary depending on purchase and account type. 21bitcoin charges no monthly account fees, no administration fees, no deposit fees, no Bitcoin custody fees and no account opening fees. See our fees & benefits page for more information.

At 21bitcoin, your Bitcoin are secured by cold storage technology and backed by a $250 million insurance policy from our partner BitGo Custody.

21bitcoin is licensed by the Financial Market Authority FMA Austria as a crypto asset service provider according to MiCAR.

We focus exclusively on Bitcoin because it is the most established, secure and decentralized cryptocurrency. This can make Bitcoin an excellent choice for a long-term investment in a digital asset.

You can find general information about Bitcoin directly in our app and on our blog. If you have specific questions, you can always contact our personal customer support team. Bitcoin experts are available to answer all your questions about 21bitcoin and Bitcoin.