JohnB5677
Expert Alumni

Get your taxes done using TurboTax

Possibly, don't confuse the platform with actions taken within the platform. These organizations were created by developers to automate decisions and facilitate cryptocurrency transactions.

 

Purchasing tokens is not a taxable event, so you could say "NO" if you only purchased tokens; however, if you sold, traded, bartered, exchanged or disposed of currencies, you would say "YES".

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