• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Withdrawals Misclassified as Rental Income on Binance TR

user avatar

by Giorgi Kostiuk

10 months ago

Users of the cryptocurrency exchange Binance TR discovered that their withdrawals to bank accounts appeared as rental income on the e-Government platform, causing confusion.

Withdrawal Accounting Issue

Certain users of Binance TR, the Turkish branch of the Binance exchange, noticed that their withdrawals to bank accounts were recorded as rental income. This raised concerns over possible tax implications.

Response from Binance TR

Binance TR issued a statement informing its users that the issue is not related to their platform. The exchange is in contact with relevant authorities to clarify the situation.

Dear Users, we are aware of the confusion regarding tax information on crypto investments. We would like to state that this situation is not caused by our platform. We are in contact with the relevant institutions to clarify the issue.Binance TR

Statement by Revenue Administration

The statement from the Revenue Administration echoed the awareness of the occurring confusion and the need for resolution. It included similar information as the Binance TR statement, confirming that the exchange is not responsible for the situation.

While the issue of withdrawals being misclassified as rental income continues to perplex Binance TR users and poses potential tax ramifications, both Binance TR and tax authorities are working towards a resolution.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Mid-Tier Crypto Publishers Gain Ground Through Strategic Adaptation

chest

The report highlights a clear pattern among mid-tier crypto media outlets, which are increasingly competing through strict format discipline, evergreen content, and early exposure to AI-driven discovery surfaces.

user avatarSon Min-ho

Regulatory Changes Shape Audience Preferences in Crypto Media

chest

The report indicates that the MiCA framework, actively implemented in Q3 2025, accelerated user preference for compliant, structured, and transparent media sources.

user avatarAyman Ben Youssef

GenAI-Powered Discovery Emerges in Crypto Media Landscape

chest

The report reveals that GenAI-powered discovery is becoming increasingly influential in the crypto media landscape, accounting for 0.76% of total cryptonative traffic in Q3 2025.

user avatarZainab Kamara

GBE Brokers Enhances Trading Experience with Advanced Infrastructure

chest

GBE Brokers targets advanced retail and institutional clients with its high-performance trading infrastructure and regulatory compliance.

user avatarLeo van der Veen

Shiba Inu Unveils SOU Recovery Framework for Users

chest

Lucie, a leading executive of Shiba Inu, introduced the SOU recovery framework designed to compensate users impacted by the Shibarium hack.

user avatarTando Nkube

Shiba Inu's Burn Rate Drops Dramatically

chest

The Shiba Inu community has seen a significant drop in the SHIB burn rate, with only 224,644 SHIB burned in the last day.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.