Zipmex Will Cover All of Tax Incurred on Your Crypto Transactions

May 10, 2022

We will cover all taxes incurred on any of your crypto transactions throughout May 2022! The subsidy will cover all of your trading transactions transfers between wallet-to-wallet, withdrawal to bank account, and crypto bonus distribution (airdrops). This way, you will not be facing any changes or increases on trading fees on the Zipmex platform.

We are launching this policy in support of the imposition of taxes on crypto asset investments in accordance with the Minister of Finance Regulation (PMK) Number 68/PMK.03/2022 which became effective on May 1, 2022. With the tax covered by Zipmex Indonesia, you will still be subject to tax fees as regulated by law. However, the tax cost will be covered and reported to the government offices by Zipmex.

With that said, we hope this policy can help our users to abide with the law while learning about crypto tax more easily and comprehensively. We also hope it will help users to invest in crypto assets more easily and conveniently using Zipmex.

So, no need to worry about the crypto tax. Put your trust on us and we will give our best for you!

We offer investors a variety of opportunities in the digital assets industry. Our innovative platform provides financial access for anyone seeking investment returns anywhere, anytime. Our ecosystem aims at making finance an everyday enriching activity.

ZEI is currently registered under and listed by Bappebti as a candidate merchant. To date, the Indonesian government has established crypto assets as commodities which can be determined as the subjects of futures contracts, which can be traded through the Futures Exchange (of crypto assets).

RISK WARNING ON THE SERVICES

Before you use the Services, you must be aware of the following:

  1. You should not transact Digital Assets if you are not familiar with Digital Assets. Transacting Digital Assets may not be suitable for you if you are not familiar with the technology of the Services that are provided.
  2. You should be aware that the value of Digital Assets may fluctuate greatly. You should buy Digital Assets only if you are prepared to accept the risk of losing all of the money you put into such Digital Assets.
  3. You should be aware that although we strive to provide you with excellent service, we do not guarantee that the Site or Services will be available without interruption.
  4. Digital Assets held in your Hosted Wallet and funds in your Fiat Wallet are not subject to the Indonesian insurance or guarantee scheme as provided by the Indonesian Deposit Insurance Corporation (Lembaga Penjamin Simpanan).