Do I need to pay taxes if I sell an alt coin for bitcoin then rebuy a different alt coin. I never took out actual USD so I am unsure how that would work. Or am I only taxes on actual USD made when I cash out?
Taxes are different by country but at least where I'm at I interpret it as only needing to pay once its cashed to fiat.
This is such a broad question though and I wish there was a website out there showing the exact tax rules by country for crypto trading.