CryptoTax UK · Guide

Trust Wallet Tax UK — HMRC Guide for 2025/26

Trust Wallet supports hundreds of blockchains and millions of UK users. This guide explains how UK Capital Gains Tax applies to Trust Wallet transactions and how to recover your on-chain history for HMRC. Educational only — not tax advice.

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Tax treatment of Trust Wallet activity

Disposals made through Trust Wallet — swapping tokens via the built-in DEX aggregator, selling, spending or gifting crypto — are Capital Gains Tax events. Simple transfers between your own wallets are not disposals. Staking rewards received may be Income Tax events in the year received.

Recovering your Trust Wallet history

Trust Wallet does not provide a CSV export. Use block explorers to recover your full history. For Ethereum and ERC-20 tokens use Etherscan; for BNB Smart Chain use BscScan; for other chains use the relevant explorer.

Frequently asked questions

Is using Trust Wallet's swap feature a taxable event?

Yes — each token swap is a disposal of the asset you give up, chargeable to CGT at its GBP value on the date of the swap.

What if I used Trust Wallet across multiple chains?

You need transaction history from every chain you used. Export from each chain's block explorer separately and combine them before calculating your UK tax position.

More UK crypto-tax guides

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UK Crypto Tax Allowance

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Educational guidance only. CryptoTax UK is not a regulated tax adviser and the information above does not constitute tax, legal or financial advice. Always confirm your specific position with HMRC or a qualified accountant before filing.