Note that “cashing out” in some EU countries means transacting your cryptocurrency tokens in any way, not just trading them for money. Example: Sweden taxes y

Note that “cashing out” in some EU countries means transacting your cryptocurrency tokens in any way, not just trading them for money. Example: Sweden taxes your gains when you transact a cryptocurrency holding, also when you exchange from one cryptocurrency to another. [1] Same for Denmark [2]. Check your relevant tax legislation for your local rules. [1] https://skatteverket.se/privat/skatter/vardepapper/andratillgangar/kryptovalutor.4.15532c7b1442f256bae11b60.html https://skatteverket.se/privat/skatter/vardepapper/andratill... [2] https://skat.dk/skat.aspx?oid=8953 https://skat.dk/skat.aspx?oid=8953