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How To Avoid Crypto Taxes: Cashing out

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Full Value Dan

You should pay your cryptocurrency taxes, but if someone wanted to avoid crypto tax...I guess this is how they would avoid the crypto capital gains tax. Sure, the taxation of cryptocurrency seems strange. But taxes on crypto are something that is going to happen when there's so much money out there.

00:00 How to avoid crypto taxes
00:33 Avoid KYC Exchanges
04:06 Pay for things with crypto (from a nonKYC exchange)
06:12 Crypto Taxes
07:54 Bitcoin ATM
09:16 Sell your crypto on eBay
11:31 Crypto Shopping

I recommend using an exchange with no KYC or a decentralized exchange. For most people, your best bet would be KuCoin and you would only be able to fund and withdraw from your account in cryptocurrency.

FVD Kucoin Review:    • Kucoin Review: The best crypto exchan...  

As for CelPay, I forgot to mention they do KYC so they would be able to report you to your taxes. You should use crypto wallets to send crypto to other people. Nano is fast and super cheap if you want to use that as a form of payment

posted by dijelimtx