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DenmarkDenmark based CASP4.8/5

Crypto tax in Denmark — the rules, and your documentation

Penning logs every single trade and gives you a complete record of your trades: your full transaction history with per-trade detail — date, amount, price and fee — across 190+ assets. Your documentation sits in one place, ready for your own filing or your accountant. No juggling scattered files from multiple exchanges. Penning provides documentation, not tax reporting and not tax advice.

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In Denmark crypto gains are generally taxed as personal income, while losses are only deductible as a lower-value tax deduction — and, after a 2025 Supreme Court ruling, can't be offset krone-for-krone against gains. Each trade is calculated under FIFO. Penning gives you a complete record of your trades to support your own filing — not tax reporting and not tax advice.
In numbers

Every trade documented. Your whole history in one place.

190+

Assets covered

2026

Updated

28+

Networks covered

MiCA #1

Danish CASP license

Crypto tax without the hassle

How Penning helps you keep your documentation in order

  • A complete record of your trades

    Penning brings your full transaction history on the platform into one place — date, amount, price and fee on every trade. Documentation to support your own filing, not a tax filing.

  • Detail on every trade

    Every single trade is documented with date, amount, price and fee — all the way back. You or your accountant use it as the basis for your own calculation.

  • Full transaction history

    Buys, sells, swaps and withdrawals all in one place. No gaps, no lost trades scattered across multiple platforms.

  • For your own filing

    Penning gives you the records — you or your accountant calculate and file. Penning doesn't report to SKAT on your behalf and doesn't give tax advice.

  • All 190+ assets covered

    BTC, ETH, Solana and 190+ other assets across 28+ networks — all in the same record, whatever you traded.

  • Regulated Danish CASP

    Penning is Denmark's first MiCA-licensed crypto platform, supervised by the Danish FSA. Your documentation comes from a regulated counterparty — not an offshore exchange.

How it works

From trade to documentation in three steps

  1. 01

    Trade as usual

    Buy, sell and swap crypto on Penning. Nothing special to do — everything is logged automatically.

  2. 02

    Penning documents every transaction

    Each trade is recorded with date, amount, price and fee in your transaction history.

  3. 03

    Use the record for your filing

    Get a complete record of your trades as documentation to support your own filing — or send it to your accountant. Penning doesn't file for you.

Comparison

Penning vs. scattered records

Each row is the practical outcome when you need to document your trades — not marketing. Documentation only becomes a nightmare when your data is scattered and raw.

With Penning
Manual / foreign exchange
Data source
Complete history in your account
CSV files from several exchanges, merged by hand
Documentation
A complete record of your trades
Raw CSV — often needs third-party tax software
Per-trade detail
Date, amount, price and fee
Compile and calculate yourself
Asset coverage
All 190+ assets, 28+ networks
Depends on the tool's support
Cost
Documentation included — no extra fee
Tax-software subscription
Support
Danish support, Monday–Friday
English or no support

Regulated documentation. Not guesswork.

As Denmark's first CASP under MiCA, Penning is under direct supervision of the Danish FSA. Your transaction documentation comes from a regulated Danish platform — not an unregistered offshore exchange whose data disappears next year.

What clients are saying

Testimonials

See all on Trustpilot
Excellent support and an easy-to-use platform! The phone is always answered quickly, or they call back shortly after if you have any questions. Just a few hours from fiat in your traditional bank to crypto in your own wallet.

Ulrik Bruhn

October 21, 2025

01/05

Crypto tax in Denmark — frequently asked questions

FAQ

Gains and losses on crypto assets generally have to be calculated and reported to the Danish tax authority (SKAT). The exact rules depend on your situation, and Penning does not provide tax advice — but we give you a complete record of your trades, which you or your accountant can use as the basis to calculate and file. Contact SKAT or an accountant for guidance.

Penning provides transaction documentation — not tax reporting and not tax advice. The rules for taxing crypto depend on your individual situation. Contact the Danish Tax Agency (SKAT) or an accountant for guidance on your filing.

Learn more in the Academy

Is crypto legal in Denmark?What is cryptocurrency?What is a stablecoin?

When you sell

Sell crypto in Denmark — DKK straight to your bank

Get your documentation in order from the first trade

Open a free Penning account. Every trade is documented, and you get a complete record of your trades to support your own filing.