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Swapper.io Seeks to Protect Bitcoin Users from Extreme Taxation

Swapper is an automated blockchain based service for performing 1031 tax-deferred exchanges of cryptocurrencies, thus deferring the immediate tax liability that is created when exchanging one asset to another like-kind asset. (Yes there is indeed a tax liability created at that juncture) Why have I never heard of the 1031 exchange before? Because the announcement … Continue reading Swapper.io Seeks to Protect Bitcoin Users from Extreme Taxation

The post Swapper.io Seeks to Protect Bitcoin Users from Extreme Taxation appeared first on NEWSBTC.

Swapper is an automated blockchain based service for performing 1031 tax-deferred exchanges of cryptocurrencies, thus deferring the immediate tax liability that is created when exchanging one asset to another like-kind asset. (Yes there is indeed a tax liability created at that juncture) Why have I never heard of the 1031 exchange before? Because the announcement … Continue reading Swapper.io Seeks to Protect Bitcoin Users from Extreme Taxation

The post Swapper.io Seeks to Protect Bitcoin Users from Extreme Taxation appeared first on NEWSBTC.