Post
Topic
Board Trading Discussion
Re: Taxation on the alts
by
densuj
on 01/02/2017, 14:44:36 UTC
Hey

How do you calculate taxes on alt-coins bought and sold with Bitcoin? For example if i bought 10 bitcoins worth of Monero, and monero rose 10% and i decides to sell for that extra bitcoin, how does that become taxed? Furthermore if/when i decide to sell the 11 bitcoin i now have for fiat, how might that be taxed? Thank you in advance.
I think what's do you mean with taxes is fees trading altcoins
because there are not taxes for altcoins and bitcoin,
you can check on the markets where you trading altcoins
every markets apply different fees trading.