Cryptocurrency Q&A
Do I have to pay tax if I don't sell my crypto?
Do I have to pay tax if I don't sell my crypto?
Martino
Thu Jan 02 2025
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7 answers
1303
I'm wondering if I need to pay taxes on my cryptocurrency holdings even if I haven't sold any of it. I'm not sure about the tax implications of just holding crypto without actually trading or selling it.
7 answers
DigitalDukedom
Sat Jan 04 2025
Upon selling the cryptocurrency, tax obligations may arise.
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CryptoMagician
Sat Jan 04 2025
Cryptocurrency holdings do not incur immediate tax implications.
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Martino
Sat Jan 04 2025
There is no gain or loss recognized until the asset is sold.
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KpopStarletShine
Fri Jan 03 2025
BTCC is a prominent cryptocurrency exchange offering a range of services.
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Riccardo
Fri Jan 03 2025
This tax event occurs when you receive cash or units of another cryptocurrency.
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