Cryptocurrency Q&A Do I pay taxes if I move crypto to another wallet?

Do I pay taxes if I move crypto to another wallet?

Chiara Chiara Mon Sep 23 2024 | 0 answers 0
Good day, I'm curious about the tax implications of transferring cryptocurrency from one wallet to another. Specifically, do I need to pay taxes on such a transaction? I understand that buying and selling crypto can trigger tax obligations, but what about simply moving it from one digital wallet to another? Is there any guidance or regulations that I should be aware of in this regard? Thank you for your time and expertise. Do I pay taxes if I move crypto to another wallet?

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