How to Value Crypto for Zakat
Valuing cryptocurrency correctly is essential. Use the market price on your Zakat date and convert to your local currency.
To calculate Zakat on crypto, find the current market price of each coin you own on your Zakat date and multiply by the quantity you hold.
Step 1: Check Your Holdings
List all your crypto.
Make a list of every cryptocurrency you own. Include Bitcoin, Ethereum, and any other coins or tokens. Note the quantity of each.
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Multiple Coins?