A follower asked me how to avoid paying crypto tax? Should he sell it when he hit his target price? Answer: If you sell it you have to pay 25% - 30% tax. If you borrow a loan against your crypto and still own it you only have to 4.5% - 5% interest and don't have to pay tax..

Share






Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.