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If you wanted to trade some other crypto for USD without incurring taxation issues, you could get a "pegged" stablecoin and hold that without incurring any taxa
by LegitShady 4y ago
If you wanted to trade some other crypto for USD without incurring taxation issues, you could get a "pegged" stablecoin and hold that without incurring any taxation since you haven't redeemed anything for money, and maybe trade it for other coins later on if you so chose.
There's function in the stablecoins in terms of crypto trading, but of course there's risk that your always pegged stablecoin isn't.