Hi I won 7 figures on soccer betting over the last few months and withdrew the crypto to my cold wallet, how can I sell this crypto and avoid paying taxes?
Congratulations on the number of wins you get.
I cannot avoid tax from selling crypto because the tax will be deducted automatically by the exchange I use as a selling and buying platform with the conditions regulated by the state. So there is no way for me to avoid taxes.
In fact, if the amount of crypto sold is large, it doesn't matter if the tax deduction is not that large.
Maybe there is a way to avoid tax cuts in your country, I don't know. Hopefully you can do it successfully.