Is swapping AUD to USDT on a Cex considered a capital gains?

Wallpapers | April 06, 2025 | No comments

full image - Repost: Is swapping AUD to USDT on a Cex considered a capital gains? (from Reddit.com, Is swapping AUD to USDT on a Cex considered a capital gains?)

Crypto beginner here. Grateful for advice regarding cgt and tax. Trying to buy crypto, first convert my AUD into USDT on a cex (like kraken, coinbase, mexc), then buy individual coins/tokens on another cex with lower fees or a dex (phantom wallet, coinbase wallet, uniswap).

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Mining:
Bitcoin, Cryptotab browser - Pi Network cloud PHONE MINING
Fone, cloud PHONE MINING cod. dhvd1dkx - Mintme, PC PHONE MINING

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Exchanges:
Coinbase.com - Stex.com - Probit.com

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Donations:
Done crypto