Why is there so many different cryptocurrencies
You can also receive it as a promotion for goods to your cost basis isn't cryptocurrency platforms, or for staking.
bitcoin cach wallet
How to Pay Zero Tax on Crypto (Legally)Buying crypto with cash and holding it: Just buying and owning crypto isn't taxable on its own. The tax is often incurred later on when you sell, and its gains. When crypto is sold for profit, capital gains should be taxed as they would be on other assets. And purchases made with crypto should be subject. You're required to pay taxes on crypto. The IRS classifies cryptocurrency as property, and cryptocurrency transactions are taxable by law.
Share:
