Post
Topic
Board Trading Discussion
Re: Exchange advice to sell >10BTC
by
BitMaxz
on 09/03/2024, 22:38:15 UTC
The problem is if he uses Binance and other exchanges that require KYC he might end up paying taxes I heard that they ask for 50% tax on your capital gains from crypto in Canada. Instead of just paying fees, you'll also have to cover the associated taxes.

If you want to avoid that you don't have any other option but to use p2p exchanges like Bisq or Robosats.