# Moving crypto between exchanges — Travel Rule explained

The Travel Rule requires crypto firms to share certain sender and recipient details for transfers. Transfers between your own accounts on registered exchanges are usually not taxable disposals — but keep records.

## Key facts
- Delays are often compliance, not fraud.
- You may need to confirm wallet ownership.
- Self-to-self transfers are not sales for cash.
- Still log dates and amounts.
- Use registered firms on both sides.

## What the Travel Rule is

FCA expects crypto asset service providers to collect and share information about crypto transfers to combat money laundering — similar in spirit to bank wire information.
## What you may be asked

Proof that the sending wallet is yours, purpose of transfer, and identity details matching your account. Respond through official exchange support only.
## Tax when moving between your accounts

Transferring crypto you already own between your own wallets or exchange accounts is generally not a disposal. Document wallet addresses in your records.

## FAQs
### Is a wallet-to-wallet transfer taxable?

Moving assets you already own between wallets you control is typically not a CGT disposal — but tax applies when you sell, swap or spend.

## Sources

- [FCA — Travel Rule guidance](https://www.fca.org.uk/firms/cryptoassets-information)

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— Digital Assets UK (https://digital-assets.co.uk/buying/crypto-travel-rule-transfers/), reviewed 2026-06-23. Source: https://www.fca.org.uk/firms/cryptoassets-information