Zakat on Cryptocurrency

Treat crypto like tradeable wealth and calculate 2.5%.

Use the Zakat Calculator

Most contemporary scholars treat cryptocurrency like cash or tradeable assets. If you hold crypto on your Zakat date, it is generally zakatable.

Quick answer

  • Use the market value on your Zakat date.
  • Include coins held on exchanges and wallets.
  • Pay 2.5% if your total wealth exceeds Nisab.

How to calculate

  1. List each coin and amount you own.
  2. Value each coin using the price on your Zakat date.
  3. Convert to your base currency.
  4. Add to other zakatable assets and apply 2.5%.

Common mistakes

  • Using purchase price instead of current market value.
  • Ignoring coins held in cold storage.
  • Leaving out small airdrops or staking rewards.
Use the calculator to compute crypto Zakat.

FAQ

Are staking rewards zakatable?

Yes. Treat rewards like additional holdings and value them on your Zakat date.

Do I subtract exchange fees?

No. Regular transaction fees are not deducted from Zakat.

What about long-term holdings?

Long-term crypto holdings are still zakatable at market value.

Related guides

Zakat on Stocks and ETFs

Calculate Zakat on shares based on market value and intent.

Zakat on Cash and Savings

Include all cash on hand, savings, and digital balances in Zakat.

Nisab: Gold vs Silver

Understand the difference between gold and silver Nisab thresholds.

How to Calculate Zakat

A simple step-by-step guide for calculating your Zakat.

More resources: FAQ and About Zakat.