Издатель
Crypto-backed loans are not taxable because you’re not selling your crypto.
You’re borrowing against it.
That means:
No capital gains triggered
No taxable event at the time of the loan
You keep your crypto exposure
But there’s a catch.
If your collateral is liquidated, that can become taxable.
You’re borrowing against it.
That means:
No capital gains triggered
No taxable event at the time of the loan
You keep your crypto exposure
But there’s a catch.
If your collateral is liquidated, that can become taxable.
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