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Questions tagged [crypto consequences]

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MysticInfinity MysticInfinity Tue Jan 14 2025 | 6 answers 1260

What happens when you sell crypto?

I want to know what occurs when I decide to sell my cryptocurrencies. I'm curious about the process, the potential fees, and any tax implications that might arise from such a transaction.

What happens when you sell crypto?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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