Understanding tax implications
The account you access through Bridge does not operate as a traditional financial account.
When you deposit money, it is immediately converted into digital dollars (USDP) or digital euros (EURC) in your Sling Wallet.
In some countries, converting to or from digital currency may be treated as a taxable event.
This means you might need to report it to your local tax authority, depending on your country’s tax laws.
⚠️ Important
Sling Money is not authorized to provide tax advice.
We strongly recommend that you consult a qualified tax advisor to understand:
Whether your Sling Money activity must be reported, and
Whether any gains or losses may affect your tax filings.