• bitcoinBitcoin (BTC) $ 68,014.00
  • ethereumEthereum (ETH) $ 1,972.07
  • tetherTether (USDT) $ 0.999737
  • xrpXRP (XRP) $ 1.44
  • bnbBNB (BNB) $ 629.12
  • usd-coinUSDC (USDC) $ 0.999965
  • solanaSolana (SOL) $ 85.09
  • tronTRON (TRX) $ 0.286070
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • dogecoinDogecoin (DOGE) $ 0.099852

Ramadan 2026: Should You Pay Zakat on Your Crypto Wealth?

Crypto is generally treated as zakatable wealth. Zakat on crypto is usually calculated at 2.5%. You must total your holdings across wallets and exchanges. As …

🔗 Source

💡 DMK Insight

Crypto traders need to pay attention to the implications of zakat on their holdings, especially as regulations around digital assets tighten globally. With zakat typically calculated at 2.5%, this could impact liquidity and trading strategies, particularly for those holding significant amounts of crypto. If traders are required to account for zakat, they might adjust their portfolios, potentially leading to increased selling pressure as the zakat deadline approaches. This could create volatility in the market, especially for assets that are already experiencing fluctuations. Moreover, the broader context of regulatory scrutiny on cryptocurrencies means that compliance with zakat could become a focal point for institutional investors as well. If major players start to factor zakat into their financial strategies, we could see a shift in how crypto is perceived as an investment vehicle. Traders should keep an eye on key dates related to zakat obligations and monitor how this affects market sentiment and price movements in the coming weeks.

📮 Takeaway

Watch for potential selling pressure in crypto markets as zakat obligations approach, particularly for assets with high holdings among traders.

Leave a Reply

Navigating Success Together

Place your Ad

Trending News

  • All Posts
  • Community
  • Crypto Markets
  • DeFi & Web3
  • DMK AI Summary
  • DMK Editorials
  • DMK Press Release
  • Forex News
  • NFT & Metaverse
  • Regulation & Security
  • Tech & Innovation
  • Top News

News Categories