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Tax Question - Platform Swap

Binance

Cryptocoins Exchanges / Binance 171 Views

Earlier this year Binance required US customers to transfer all of their coins from the original Binance exchange to Binance.US of course. I had just been buying and holding, so I hadn't done much with Binance in years. I made the swap, and I might have been dumb here, but the only way I could figure out to transfer it was to sell/convert to coins like ETH, transfer them, and then rebuy the coins I had/like. I have no idea how to go about this tax wise now because I assume those were tax/selling events. Anyone have any experience with this this year?

submitted by /u/Berrymore13
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