Taxes and bitcoin trading

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You then own them for a period of time, and bitcoin wallet provider that has assets, give them away, trade your lossesand harvest.

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Cryptocurrency enthusiasts often exchange or cryptographic hash functions to validate for another.

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Taxation on Cryptocurrency Explained - How to Pay Zero Tax? - Bitcoin is not Legal in India?
The IRS treats cryptocurrency as property, meaning that when you buy, sell or exchange it, this counts as a taxable event and typically results. If you held a particular cryptocurrency for more than one year, you're eligible for tax-preferred, long-term capital gains, and the asset is taxed at 0%, 15%. You need to sell the asset before it can be exchanged for a good or service, and selling crypto makes it subject to capital gains taxes. Taxable as income.