My assumption was that I pay the taxes when I convert my safe moon back to Canadian currency. But watching videos today and reading it says it's a taxable event when you trade from one Crypto to another. I have bought safe moon about 10 times. I buy Bitcoin, send it to b i n a n c e and swap it to b&b, send it to trustwallet, swap it to binance smart chain, And finally pancake swap to safe moon. I have never sold any safe moon but do I have to pay taxes every time I switch to another cryptocurrency in those swaps is my question. Please get back to me I am freaking out a little bit. Thanks a lot.
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