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Do I need to pay tax on my Bitcoin holding/profits?

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You don’t have to pay tax when you buy bitcoin or other cryptocurrencies in most counties, but you might have to pay tax when you sell it depending on the country of origin. Over your trading profits, depending on your country you have to pay income tax. There are tools to help you with this.

Check our articles on paying tax in the US and tax accounting systems for Crypto traders.

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