Paying with cryptocurrencies, e.g., using Bitcoin as your default currency for the Bitwala Card, involves trading from cryptocurrency to euro, and this transaction might be a taxable event. However, please note that taxable events depend on your tax situation and are country-specific.
Please understand that Bitwala cannot provide any tax consultation, and we recommend you contact your local tax consultant for more information. Please note that you can also use your Euro wallet with your Bitwala Card, which doesn't involve a taxable event when making a payment.