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This seems confusing.  Quoting from the IRS:

https://www.irs.gov/individuals/international-taxpayers/freque[product key removed]ions-on-virtual-c...

Q37.  Will I have to recognize income, gain, or loss if I own multiple digital wallets, accounts, or addresses capable of holding virtual currency and transfer my virtual currency from one to another?

A37.  No.  If you transfer virtual currency from a wallet, address, or account belonging to you, to another wallet, address, or account that also belongs to you, then the transfer is a non-taxable event, even if you receive an information return from an exchange or platform as a result of the transfer.

 

This makes it sound like transferring from one crypto you own to another crypto you own is a non-taxable event.  The original question did not deal with  a "sale" (which would be taxable); rather the question was about a exchange from one crypto to another crypto (no sale, rather a "transfer"). 

 

This topic sounds pretty murky.