Hi everyone,
This will be my first post here. I moved to Germany and living here now.
I have a question about Crypto taxes in Germany.
Let's say I bought 10k EUR worth of BTC today from Kraken. And then transferred that BTC to my Ledger device.
Then I keep that BTC untouched for a year. No trading.
After 365 days I decide to sell that BTC so I transfer it from my Ledger back to Kraken.
I sell it on Kraken and transfer the amount in EUR to my bank account in Germany.
Will my gains be tax free ?
As far as I know if you hold your coins for 365 days then it should be tax free.
But what I would like to know is;
-Should the coins be held on the exchange that you buy it from ? or can it be transferred and kept on a Ledger device ?
Danke im Voraus