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.
It only useful when exchanger public their services and want to pay taxes fee. But in the fact, no one wants that, haha. Simply I will ask you: "Would you like to pay the taxes fee when you using cryptocurrecies?"