Not a crypto person, but is it a situation where one may have crypto and wants to invest it without converting it to USD/CAD/JPY/etc.. and paying taxes on it?
Certainly in the UK, but probably in many places, conversion of any kind triggers capital gains tax.
You still have to pay capital gains taxes on direct crypto->crypto transactions.
Certainly in the UK, but probably in many places, conversion of any kind triggers capital gains tax.