TokenTax: Crypto Tax Loss Harvesting Reviews and details

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2023-10-16

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Taxation: An Opportunity for American Ladies and Gentlemen
There are safer ways to harvest losses on a crypto asset. One approach is to trade the depreciated asset for a coin with which its price is closely correlated, hold that correlated coin for more than 30 days, and then repurchase the original asset. For example, you might trade UNI for DPI, hold DPI until the wash sale period passes, and then repurchase UNI. Source: over 2 years ago

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