• 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

a year 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

Chinese EV Brands Gain Market Share in Europe

chest

Chinese brands, including BYD, captured a significant share of the European car market, with 95% of all car sales in December 2025 attributed to them.

user avatarBayarjavkhlan Ganbaatar

Ardor Sees Significant Gains Following Successful Hard Fork

chest

Ardor has gained 2156% in the past 24 hours following a successful hard fork, increasing its market capitalization to approximately $609.9 million.

user avatarTenzin Dorje

BYD Increases Exports Amid Domestic Sales Decline

chest

BYD increased exports to 100,482 vehicles in January 2026, planning a 25% growth this year to offset declining domestic sales.

user avatarElias Mukuru

BYD Faces Significant Sales Decline in January 2026

chest

BYD reported a 30% drop in car sales in January 2026 compared to the previous year, selling only 210,051 cars down from 300,538 in January 2025.

user avatarMohamed Farouk

Shiba Inu Maintains Relevance with Community Engagement

chest

Shiba Inu continues to thrive as a meme brand, leveraging community engagement to sustain interest and development.

user avatarDiego Alvarez

Uniswap Faces Challenges as DeFi Market Sentiment Shifts

chest

Uniswap faces renewed pressure after failing to sustain its earlier breakout, with its price now trading closer to the 390 area following a sharp pullback.

user avatarKenji Takahashi

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.