What is a Liquidity Pool in Crypto? (Animated)
Whiteboard Crypto
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% are not ready and lost there money for lack of organization or research I hope you are the one that learned there's a new one needs better than ledger
AND this is the best part putting some spiciy and humor to the problem
That's incorrect. The IRS considers the exchange of one virtual currency for another virtual currency to be a taxable event. Your tax assessment would be calculated using the fair market value of both cryptos relative to USD. On exchanging USDT for USD, you also would have a minuscule gain/loss just because the peg isn't held exactly at .
