Selling Crypto To Pay Taxes? Coinbase Says There's Another Option, But X Users Identify These Pitfalls [Yahoo! Finance]
Coinbase Global, Inc. - 3Class A (COIN)
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Source: Yahoo! Finance
Coinbase Presents ‘Choice' For Users In an X post, Coinbase said that selling cryptocurrencies would trigger capital gains taxes and could create a cycle of selling more to cover the new taxes. Remember that tax applies only when you realize the gains. Capital losses aren't taxable. The other option they suggested was to get loans in USDC while holding the cryptocurrency, including Bitcoin and Ethereum , as collateral, with the loan itself not treated as a taxable event. Later, they can convert the USDC into dollars, pay taxes with that cash and keep their cryptocurrency bags intact. Don't Miss: Missed Nvidia and Tesla? RAD Intel Could Be the Next AI Powerhouse — Invest Now at Just $0.91 a Share How Active Traders Use Leveraged ETFs During Market Swings — And Where Direxion Fits In On Coinbase, you can swap dollars for USDC and vice versa at a straightforward 1:1 rate, with no fees or tax implications in most cases. Sell crypto to pay your taxes Trigger taxable ev
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COIN
News
- Coinbase Powers Crypto-Backed Fannie Mae Mortgages With New Partnership [Yahoo! Finance]Yahoo! Finance
- Is Elon Musk's X Money Going Crypto? Design Hire Stokes Speculation [Yahoo! Finance]Yahoo! Finance
- How to make your first AI agentic payment with bitcoin [Yahoo! Finance]Yahoo! Finance
- Viral Post Takes on Coinbase with 144 Reasons Blockchain Doesn't Need Yield [Yahoo! Finance]Yahoo! Finance
- Elon Musk's New Hire Sparks Talk of Crypto Integration on X [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 2/12/26 - Beat
COIN
Sec Filings
- 3/26/26 - Form SCHEDULE
- 3/18/26 - Form 4
- 3/16/26 - Form 144
- COIN's page on the SEC website