Dear & , is there a way to get Perp profits distributed in USDT or USDC rather than USD when closing a trade?
In some countries in Europe (e.g. France) "cashing out" in USD on-platform is a taxable event whereas converting in crypto USD is not.
Regards,
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I've looked into this and not sure what to think. Whether the FTX USD is still considered crypto or fiat? If fiat then it's a taxable event for sure (even if you don't withdraw into a bank account). If considered crypto, then it's all good.
I didn't have that issue with Binance.
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You can withdraw it as either wires or stables