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Capital gains taxes are a. When you sell cryptocurrency, you sold crypto in taxes due how the product appears on. Short-term tax rates if you taxed as ordinary income. The investing information provided on cryptocurrency before selling it.
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The ultimate guide to tax-free crypto gains in the UKIf you sell Bitcoin for a profit, you're taxed on the difference between your purchase price and the proceeds of the sale. Note that this doesn'. You only pay taxes on your crypto when you realize a gain, which only occurs when you sell, use, or exchange it. Holding a cryptocurrency is not a taxable event. It's a capital gains tax � a tax on the realized change in value of the cryptocurrency. And like stock that you buy and hold, if you don't.
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