Do traders pay income taxes?

[Mabinat]

there is nothing to pay because you are on a centralized market where you do not need to pay taxes

[1715128467]

1715128467

[chanler]

Well, first, I think that when you start trading, you should register in such certain exchange that have good volume and good market analysis. However, I also don't really know if such exchange or market will need to pay taxes or not. So far, I don't pay any taxes. In my countries, there are also not taxes for the traders. So, so far, I'm not involved in any taxes. Just some fee of transaction if I do some transaction, withdraw, and some other things.

[rabinot]

I personally think that we should not pay income tax because the market is not regulated at all

[Masatos]

Yes of course. income tax is paid on each exchange, because the exchange removes interest for each transaction

[maligu]

Traders should not pay taxes, and if the trading platform pays taxes, it also means coin securitization. This is uncertain in the future and there may be two types of cryptocurrencies on the market. This is equivalent to supervised exchange, then it is equal to the cryptocurrency is not anonymous. This is the same as the comparison between XRP and XLM.

[crypt0.r3negades]

On my experience upon making trades and generate profit, is no. It is not necessary to pay for the taxes of the gained profit that we have upon making trades. But I think the exchange owner will like to carry the fee and pay the taxes. Because us, trades, are being less with the trade fee and the withdrawal fee already.