Taxes

You may owe tax on gains, and Monvera does not calculate, withhold, or file anything for you.

You may owe tax on your gains, and Monvera does nothing about it. It does not calculate what you owe, does not withhold anything from your trades, and does not send a form to you or to any tax authority. If there is tax to pay, working it out and paying it is entirely on you.

Why there may be tax

Because you own real assets. Selling a holding for more than you paid is usually a taxable event, and in some countries swapping one asset for another counts too, which means a rebalance can be taxable even though no money left your account. The rules, rates and thresholds depend on where you live and on your own situation.

Holding is not usually the trigger; selling usually is. That distinction matters more than it sounds. A plan that is up on screen and a plan you have sold are very different things to a tax authority.

What Monvera cannot do

Monvera is not a tax service and cannot give tax advice. Nothing on this page is tax advice. There is no annual statement, no cost-basis report, and no withholding. Nobody is quietly handling this in the background for you.

Keep your own records

You can pull the raw history whenever you want. Ask Vera for your activity and it opens beside the chat:

You

Show me everything I’ve bought and sold

Vera

Opening your activity — every trade with the date, the amount and the price.

Every settled trade also sits on the public block explorer against your wallet address, so the record exists independently of Monvera and of anything the app displays.

Save the dates, amounts and prices as you go. Reconstructing a year of trades in one evening in April is how people get it wrong.