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CRYPTO TAX LAWYER Explains: How to LEGALLY Avoid Crypto TaxesYes, crypto is taxed. Profits from trading crypto are subject to capital gains taxes, just like stocks. Kurt Woock. By Kurt Woock. Using fiat money to buy and hold cryptocurrency is generally not taxable until the crypto is traded, spent, or sold. Tax professionals can. 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.
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