Do crypto traders pay tax?

[Galon]

The Crypto world is a decentralized world that uses the Blockchain system. So this system cannot be arbitrary for the government to burden us. Basically, Crypto cannot be infiltrated by the government and the Bank and they cannot supervise our activities in it. It is not possible for Crypto or crypto trading to pay taxes.

[Nakmat_cinta]

as long as I invest in ico or crypto. never pay taxes bro. except when we want to log shipping transactions from Wallet one to another Wallet .

[gribble]

I think every trader also pays taxes but that indirectly, maybe we feel we don't pay taxes because we only pay gas fees and withdrawal fees. why do I say if they pay taxes indirectly? Because every exchange will pay taxes for their company.

[Pandawa5]

every business will definitely pay taxes and in the cryptococurrancy world, we have every transaction, and we indirectly pay taxes

[adterna]

In my country, cryptocurrency users have not been taxed because the government is still not recognized, but seveal people have use cryptocurrency.

[Butuhusaha]

if in my opinion and from the experience that I have gained since joining and investing in the world of bitcoin. don't pay taxes bro. but we always pay transaction fees when we hear about shipping ..

[cacakuswaya1]

I think cryptocurrency does not have to be taxed and because it is not the authority of the government and cannot be detected by anyone, the recipient and sender cannot be known.

[jyotianand01]

It depends on the jurisdiction of every country as where it's trading is legal, you have to follow that country rule and if there are taxes on crypto trading then you have to pay taxes but every country have its own rules regarding cryptos and you have to go by them.

[DeKingCrypto]

I have not really seen where crypto traders pay tax, maybe it happens in some countries anyway.

[Delgboke]

For me I don't think that payment of tax is necessary in cryptocurrency business because some countries and government have not adopted cryptocurrency there's no need to pay tax.

[Stuart]

Germany announced tax free for all crypto users. I don't know about other countries but tax are paid directly or indirectly by each one. Traders may not be charged taxes for their transactions but indirectly, they pay their quota of tax to the exchanges where the trading is done. These exchanges pay taxes directly or indirectly when making the final conversion from crypto to fiat.

Yeah, directly or indirectly there will be a payment of tax, and am sure that will be made by the exchange site, maybe when converting to fiat. Because every trader pays their transaction fees, through that, traders are paying their tax too, who knows...

[bubblebubble]

For me I don't think that payment of tax is necessary in cryptocurrency business because some countries and government have not adopted cryptocurrency there's no need to pay tax.

This is not the suggested approach.
Remember that is better pay taxes now and not pay more tomorrow.

[PreshB]

Yes  I  think  the  do  pay  Tax,  but  this  tax  can  be  paid  by  site  exchange   without  it  being  known to us.  Every  business  Men  is  expected  to  pay  Tax.

[WWoF]

I think it will be good for us and good for goverments. When goverments start to earn some money from crypto they will push it more and also that tax and exchange issue will be better for us. If goverments handle that directly with exchange it can be easy for us. but i hope they dont want money from us if we rekted during bear.

[Syantik]

Because in my country, the existence of crypto has not been formalized automatically, tax has not been implemented So with that I try to make the best investment possible and continue to look for profits every time to help the economy get better.