How to Avoid Crypto Taxes - 10 Ways to Not Pay Taxes on Bitcoin

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Crypto investments are subject to capital gains tax in most jurisdictions. Fortunately, there are various ways to reduce or even avoid crypto taxes completely. 

In this guide, we explain how to avoid crypto taxes legally, covering eight effective methods.  

Investors exploring how to avoid crypto tax can consider one of the eight methods listed below:

Now let's explore how to avoid crypto taxes in much more detail. 

The first option to consider is to purchase products on Crypto Emporium - an online marketplace that sells everything from cars and luxury watches to real estate, electronics, and artwork. Before we explain how Crypto Emporium works, we should note that spending Bitcoin and other digital assets is not a way to avoid tax. 

This is because using crypto to make purchases triggers a taxable event. That said, spending crypto rather than cashing out can make sense. For example, let's suppose that an investor holds Ethereum. We'll say the investor spends Ethereum when it is priced at $1,400. We'll then say that a week later, Ethereum is priced at $1,700. 

By using Ethereum to buy products instead of holding, the investor will pay less capital gains tax. In another example, let's say that the investor bought Ethereum at $4,000, but it is now worth $2,000. In this scenario, the investor can buy products with Ethereum and avoid capital gains tax on this trade. This is because the trade yielded a loss. 

Those wishing to deploy this strategy will find every product imaginable on Crypto Ethereum. For example, real estate is one of the best things to buy with Bitcoin on Crypto Emporium.