Anyone have crypto assets on Coinbase in US and know how to keep holding even if we move to INDIA? #personalfinance #investments
Send from Coinbase to a personal wallet; voila the crypto is now actually yours instead of an IOU from Coinbase
H
Take self custody
How does self custody work , like when the prices increase and I want to sell how does this workout ?
If you are going to be in India and India resident at the time of selling, you need to transfer the coins to an exchange that let Indian residents sell Bitcoin. IMO, dealing with Indian exchanges, income tax and government is a big hassle. Scrutiny for the sake of scrutiny and waste everyone time
So only best thing to do is self custody and HODL?
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Transfer it to hardware wallet. No conversion to INR = no tax. Hold and pay for stuff with crypto directly.