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13 word bitcoin seed | However, this convenience comes with a price; you'll pay sales tax and create a taxable capital gain or loss event at the time of the sale. Is it easy to do this myself? How to Mine, Buy, and Use It Bitcoin BTC is a digital or virtual currency created in that uses peer-to-peer technology to facilitate instant payments. Are my staking or mining rewards taxed? Dive even deeper in Investing. If the same trade took place a year or more after the crypto purchase, you'd owe long-term capital gains taxes. |
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