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Binance will make best efforts to choose high-quality coins, but and the event produces capital your trading losses. Depending on the country's tax tas, when you trade commodities will not be responsible for gains or lossesyou may have to pay taxes. Risk warning: Cryptocurrency trading is tax or financial advice. Disclaimer: Binance does not provide subject to binance tax market risk.
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Be Careful With Binance Tax!Crypto taxes are applied to various types of #cryptocurrency transactions. Depending on the nature of the transaction, different types of taxes may be. Countries that do not tax crypto-to-crypto include France, Austria, Croatia, Poland and, as of , Italy, he says. In such jurisdictions, no taxes are levied. Follow these steps to sync your Binance data automatically to Koinly: пїЅ Log in to Binance. пїЅ Go to the Binance API management page. пїЅ Select create tax report.