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30065875 No.30065875 [Reply] [Original]

Burger using binance, huobi, and uniswap. What are the ramifications of using these three, will they take all my crypto from me when I report it?

>> No.30065993

>>30065875
The fuck is amerimutt problem. Trade it into XMR and send it to a wallet, then write the phrase on a paper and "lose that long phrase in a bar night out and now all the money is gone"

>> No.30066116

>>30065875
Why would they? Crypto isn't illegal. Some states don't let you use binance but uniswap is fine everywhere.

>> No.30066338
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30066338

>>30065993
No, I don’t want to evade taxes. Try being more compassionate. Maybe, you’ll make friends irl.

>>30066116
The crypto is not illegal but maybe using the exchanges is and that’s why I’m asking. Since I’ll be using a crypto tax software to do it maybe it will get a flag because of the exchanges. Hope that makes sense bro.

>> No.30066392

>>30066338
If you were able to sign up for binance in your state without using a VPN then you're fine

>> No.30066441
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30066441

>>30065993
>>30066116
>>30066338
Also check’em

>> No.30066520

>>30066392
What if it was?

>> No.30066737

>>30066520
Dunno. I'm not a lawyer or a tax specialist. When you skirt the law it's usually better to ask a professional, not 4chan.

>> No.30066853

>>30066737
>>30066520
also
>jumping through hoops to use binance in a state it's banned in when you could have just used coinbase as an on/off ramp to uniswap without issue
lol

>> No.30066906
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30066906

>>30066737
Yeah, you’re right. I’m just stupid and anxious

>> No.30066988

>>30065875
If you are using binance in a place you are not allowed to, and they catch you, they delete your account and take any assets in the account

>> No.30067165

>>30066988
Okay, then I shouldn’t worry when I prepare taxes then am I right?

>> No.30067277
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30067277

Also, thanks everyone for actually helping. A little respite from the shit posting is seriously appreciated.

>> No.30067323

>>30065875
You’re violating the terms of service of those exchanges where they don’t allow burgers, but I don’t think you are violating any US laws. When you report taxes, you do not specify which exchange you used. I bet you would have to give up that information if you were audited, and in that case I have no idea what the ramifications are. But I don’t think there is any problem.

>> No.30067552

>>30067165
The IRS doesn't care where you purchased an asset as long as you pay them their pound of flesh

>> No.30067660
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30067660

>>30067323

>> No.30068106

>>30066338
it's not illegal newfag

>> No.30068392

>>30066441
Cringe

>> No.30069304
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30069304

>>30068392
Your welcome !