Can BITCOIN be TAX FREE? | Paypal Bitcoin Wallet

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storkadrian
Published
Hi, my name is Binx and I talk exclusively about personal financial and real estate. Today, we are talking about Paypal allows bitcoin shopping and bitcoin investment.

The video talks about the latest news on Paypal allowing the use of the bitcoin to shop. This is a huge win for the bitcoin community.

The bitcoin price has been going up lately. But is the bitcoin investment tax free? no. Can the investment of bitcoin be tax free? Also no. There is no way to add bitcoin to your TFSA or RRSP account.

Coinsquare is one of the many popular platforms to buy and sell bitcoin. However, this is not a suggestion to use it or bitcoin return will be guaranteed. You may lose some or all of your investment. Buyer beware.

Disclaimers: I am not a personal financial advisor/tax accounting. I recommend that you speak directly with your advisor/accountant who knows your situation specifically.

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0:00 - Intro
0:18 - Paypal Bitcoin Wallet
1:52 - How Capital Gain Taxed
4:50 - Coinsqure
5:37 - Closing Remark

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tags:#canadianfinancialadvice #paypalallowsbitcoin #taxfreeinvestmentbitcoin
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Crypto Wallets
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