Effectively yes they are tax free because there’s no easy way for irs to enforce. By law though you need to pay taxes on those gains. If you use a trading platf

Effectively yes they are tax free because there’s no easy way for irs to enforce. By law though you need to pay taxes on those gains. If you use a trading platform for trading, there’s probably a better chance of getting caught if you don’t pay taxes. There’s really nothing different here.