If I sell some crypto but do not take it out, do I have to report it and pay taxes on it?

[evelynm]

Hello:   Your crypto is taxed when you you sell it.   You will need to report the sale.   The proceeds less the cost basis result in a gain or loss for tax purposes.   

Here is a link with further details:  https://ttlc.intuit.com/turbotax-support/en-us/help-article/cryptocurrency/cryptocurrency-like-bitco...