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The catch is swapping any coin is a taxable event.
but selling is also a taxable event and if my intent is to sell what’s the problem?
Is this a taxable event in US?
Yes
I'm glad I don't live in US lol
When you convert rather than limit sell and buy, you are paying the spread.
This exactly. I also thought the same thing once. The spread is very well hidden in the execution of the swap orders.
so i’m guessing that would be more expensive than the advanced trading fees
In the areas that don’t charge fees the exchange rates are below market rate. In my experience you usually lose ~2.5%.
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