Hi
If i send Bitcoin to a company (e.g. Ledn) as collateral and recieve a loan in AUD
Then after some time I pay back the AUD loan amount
Then I recieve my bitcoin collateral back from this company.
Is this a CGT event in any way whatsoever?
Or is it seen as a loan such as a margin loan on my shares portfilio?
Hi @Roo22282,
We've discussed a situation similar to yours here. Check it out 😀
Yeah thanks i read through that but its not clear.
It should be a clear yes or no answer
Or ask who owns the collateral when its sent to the lending platform.
If i send Bitcoin to a lending service and recieve AUD then pay back the loan and recieve the Bitcoin back. Is this a taxable event?
The answer should be easy you would hope, based on the bitcoin remaining in cold storage until the loan is repayed.
hopefully soon anyway
cheers
15 Apr 2026 · 8 min read time
4 Dec 2023 · 9 min read time
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