Post
Topic
Board Legal
Re: How much tax (%) do you pay for your crypto trading activity?
by
mindrust
on 04/02/2025, 05:34:33 UTC
It is hard to fine a trusted local crypro exchange though.

Why do you need a local cryptoexchange, though? Can't you just use any CEX located anywhere in the world as long as you trust it? Or do you mean that you need the CEX in order to convert your crypto to fiat?

That’s because I don’t trust international exchanges even more. If the international exchange scams me I can’t do anything about it. If the local exchange scams me I can find a local lawyer and try my luck. When a international CEX asks impossible questions, it is over for you because they have the advantage over you. They know you can’t do anything. I would never hold big positions on the international exchanges because of that.