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If you sell a cryptocurrency and buy another crypto of the same type on the same day, the cost basis for your sale will be the acquisition cost of the crypto there are no taxes on buying crypto in the uk, or even hodling it for as long as you want.
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Where can i buy litecoins, namecoins and peercoins from in the uk? Cryptocurrencies are legal in the uk. Cryptocurrency fraud and scams are rampant. The united states generally supports crypto trading, even though several government agencies are working to prevent the use of bitcoin illegal transactions. However, not all uk banks treat crypto equally.
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I'm finding it hard to buy cryptocurrencies other than bitcoins.
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