Thank you for the response. It works like this. I would buy crypto on a cryptocurrency exchange, transfer it to the platform and provide liquidity to a liquidity pool for a fixed term, with my original investment returned to me at the term's end. I could then withdraw it back to the cryptocurrency exchange or leave it on the platform and use it to provide liquidity again. The returns would be paid in crypto, which can be used to provide more liquidity (if it's enough for the minimum investment) and I'd earn commissions (in the exact same cryptocurrency as liquidity provisions) on any referrals I have, who are also liquidity providers. Again, the commissions earned on referrals can be used to provide liquidity if they reach the minimum investment amount. I came across a very similar post but I am not sure of the accuracy of it, hence my query:
https://community.ato.gov.au/s/question/a0J9s0000001IKf/p00046771
So would the commissions on referrals be ordinary income that would be included with the investment income, as detailed above?
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