create account

Different ways to directly use Crypto for payments without paying tax though withdrawal by bala41288

View this thread on: hive.blog |  peakd.com |  ecency.com
hive-167922 · @bala41288 ·
$157.84
Different ways to directly use Crypto for payments without paying tax though withdrawal
India is introducing a 30% flat tax on crypto earnings. This was announced as part of the budget announcement a few days back. Though this came out as a surprise, we are at least happy that we don't have a full ban on Crypto in India. That's definitely a good thing. But taking a flat 30% tax on our crypto is something that is very painful. Especially people who are having Crypto as their only source of income would find it very difficult. 

There are a few ways in which we can directly use Crypto for payments instead of taking it out to the real world and making use of it. I found quite a few ways in which we can make use of our crypto directly. I wouldn't say that these are all ways to cheat the government or mitigate the tax but right now these are all workarounds. 

![image.png](https://images.hive.blog/DQmXJSoSp3hqkhQcuv6axgtyATvjujXKVe5FeZW3cFjLo9h/image.png)

[Source](https://pixabay.com/photos/trading-blockchain-cryptocurrency-6531134/)

## Cryptorefills

This is an interesting website that I saw online. I was looking for options to purchase a few things with crypto directly and I landed here. It looks like a promising website to purchase gift cards and vouchers. The options available on the website are all specific to the country we belong to. But I'm sure there are so many different ways in which we can spend our crypto. Flipkart vouchers and Amazon Vouchers are also available here and I have also used this website to recharge my mobile phone. 

The website provides multiple things that are amazing. But the only problem here is the cost. I found out that I had to pay a lot extra to use my crypto directly with cryptorefills. I initially thought it was okay but later found out that the fees or the conversion value was huge and it was a lot cheaper if I had bought things using my card or bank account directly. You can explore and see if this option would be something that will be useful for you. You can also feel free to use my referral link. 

www.cryptorefills.com/?ref=sEuqiq2ETI

## Paying bills directly with Crypto

There are a few websites available where we can pay our bills directly with crypto. I was able to purchase my domains directly with crypto. I have also been renewing my domains on Namecheap with the help of crypto. There will be a small difference in money. Somewhere close to 1 or 2 dollars but the good thing is that I'm able to pay directly with my desired crypto. I recently bought a few domains with my BCH earnings. The experience was very good. 

![image.png](https://images.hive.blog/DQmWAfD3AMdWJWdSdtX4HxeJPdW5DkKTzciLpWfT9hNGnMo/image.png)

[Source](https://pixabay.com/photos/bitcoin-cryptocurrency-currency-3215559/)

I'm sure there are also companies working on bringing a credit card or gift card that we can use to do purchases. The cards will mosly be like our regular credit cards but we will be able to refill them with crypto instead of FIAT. As far as I know, there is nothing yet in India but we can expect something similar in the future though. 

## P2P trading

P2P trading is still a good option. There are a few exchanges that support P2P trading. But the problem is they all have our KYC data. Even if we continue doing P2P trading, these exchanges might give our data to the government if it is demanded. If someone is planning to not pay the taxes, there is a small possibility that government might already know that and can come behind us. 

One other possibility to do P2P trading is a manual Peer to peer. If we personally know someone who is selling crypto and if we are planning to purchase crypto, we can do direct trading and I believe in that case, we don't have to pay anything to the government as tax. Blockchain communities or people in the same community can do something like this. I still don't know the legal aspects of this but there is a possibility. 

![image.png](https://images.hive.blog/DQmRoDYxRKm6WKotKJyWiawCZVcmyaZnXtaiyN5ipcdi8dY/image.png)

[Source](https://pixabay.com/illustrations/blockchain-bitcoin-bank-business-3581920/)

## Getting the payment out through a foreign friend

This is the last and final option we can think of. There are still many countries where the crypto situation is cool or the tax is not that much. If we have friends across the world and especially in a country where it is all good to withdraw cryptocurrencies, what we can do is as a favor from them. So basically they will withdraw the amount in their country and do a SWIFT transfer to our Indian bank account or options like Paypal can also be used. 

I'm sure the transaction fees would be involved and conversion charges would be involved but it can be definitely lesser than the flat 30% interest. Maybe if we get the money inside with a SWIFT code, we might still have to specify the source to the government and pay our tax accordingly. But people who have crypto as their primary source of income and if their income is less than their tax slab, need not pay the flat 30% that we might have to pay if we were going to withdraw the crypto directly. 

**Conclusion:** These can be considered as workarounds for the crypto situation we have in India. But I'm sure it is the Government's call to analyze and understand if the above are all loopholes and they should handle it somehow to make people pay a fair amount of tax. 

---
<table>
<tr>
<td>
<center><a href="https://discord.gg/bGmS2tE"><img src="https://images.hive.blog/DQmdthy4q4vyefBYmjMJtx7qHBmLnCfP2btiRPhRyc2U8hP/Indiaunited.png"/></a></center>
</td>
<td>
<center><a href="https://kanibot.com/"><img src="https://images.hive.blog/DQmdm8hKPz9TZL8Gd8bPyeVHm9hfgMqqiHcKL8283RBv2eH/Kanibot.png"/></a></center>
</td>
<td>
<center><a href="https://netbox.global/r/balanbx"><img src="https://images.hive.blog/DQma1a9t6rceDQYvMt6FhNkHuUUjAkQssZHrLJcXKfiQBFd/NetboxGlobal.png"/></a></center>
</td>
<tr>
<td>
<center><a href="https://r.honeygain.me/BALA4F8CD5"><img src="https://images.hive.blog/DQmdCZg8z6sxVukSdPm2kXRAhhnySqPZqK9YQ5hco65sp4n/Honeygain.png"/></a></center>
</td>
<td>
<center><a href="https://www.privex.io/?r=bala41288"><img src="https://images.hive.blog/DQmPB85eAMrQNGV7C4ykbfVTDNaiGmb8PfuiFr2AL8N8JQm/Privex.png"/></a></center>
</td>
<td>
<center><a href="https://www.publish0x.com/?a=YRdG6knybD"><img src="https://images.hive.blog/DQmcb3f3oJvjyxyScbim4gKPAnrHTyXjYtwk7HeC9aTN9Pn/Publish0x.png"/></a></center>
</td>
</tr>
</tr>
</table>

---

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@bala41288/different-ways-to-directly-use-crypto-for-payments-without-paying-tax-though-withdrawal)
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 327 others
πŸ‘Ž  , , , , , , , , , , , , , ,
properties (23)
authorbala41288
permlinkdifferent-ways-to-directly-use-crypto-for-payments-without-paying-tax-though-withdrawal
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["cryptocurrency","india","taxation","archon","neoxian","leo","vyb","cent","hive-engine","proofofbrain","ctp","palnet","leofinance"],"canonical_url":"https://leofinance.io/@bala41288/different-ways-to-directly-use-crypto-for-payments-without-paying-tax-though-withdrawal","links":["https://pixabay.com/photos/trading-blockchain-cryptocurrency-6531134/","https://pixabay.com/photos/bitcoin-cryptocurrency-currency-3215559/","https://pixabay.com/illustrations/blockchain-bitcoin-bank-business-3581920/","https://discord.gg/bGmS2tE","https://kanibot.com/","https://netbox.global/r/balanbx","https://r.honeygain.me/BALA4F8CD5","https://www.privex.io/?r=bala41288","https://www.publish0x.com/?a=YRdG6knybD"],"image":["https://images.hive.blog/DQmXJSoSp3hqkhQcuv6axgtyATvjujXKVe5FeZW3cFjLo9h/image.png","https://images.hive.blog/DQmWAfD3AMdWJWdSdtX4HxeJPdW5DkKTzciLpWfT9hNGnMo/image.png","https://images.hive.blog/DQmRoDYxRKm6WKotKJyWiawCZVcmyaZnXtaiyN5ipcdi8dY/image.png","https://images.hive.blog/DQmdthy4q4vyefBYmjMJtx7qHBmLnCfP2btiRPhRyc2U8hP/Indiaunited.png","https://images.hive.blog/DQmdm8hKPz9TZL8Gd8bPyeVHm9hfgMqqiHcKL8283RBv2eH/Kanibot.png","https://images.hive.blog/DQma1a9t6rceDQYvMt6FhNkHuUUjAkQssZHrLJcXKfiQBFd/NetboxGlobal.png","https://images.hive.blog/DQmdCZg8z6sxVukSdPm2kXRAhhnySqPZqK9YQ5hco65sp4n/Honeygain.png","https://images.hive.blog/DQmPB85eAMrQNGV7C4ykbfVTDNaiGmb8PfuiFr2AL8N8JQm/Privex.png","https://images.hive.blog/DQmcb3f3oJvjyxyScbim4gKPAnrHTyXjYtwk7HeC9aTN9Pn/Publish0x.png"]}
created2022-02-05 16:54:36
last_update2022-02-05 16:54:36
depth0
children31
last_payout2022-02-12 16:54:36
cashout_time1969-12-31 23:59:59
total_payout_value79.019 HBD
curator_payout_value78.824 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length6,587
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,173,664
net_rshares109,213,231,869,905
author_curate_reward""
vote details (406)
@beerlover · 
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @bala41288, here is a little bit of <code>BEER</code> from @pixresteemer for you. Enjoy it!</p> <p>Learn how to <a href='https://peakd.com/beer/@beerlover/what-is-proof-of-stake-with-beer'>earn <b>FREE BEER</b> each day </a> by staking your <code>BEER</code>.</p> </center><div></div>
properties (22)
authorbeerlover
permlinkre-bala41288-different-ways-to-directly-use-crypto-for-payments-without-paying-tax-though-withdrawal-20220205t170845088z
categoryhive-167922
json_metadata{"app":"beerlover/2.0"}
created2022-02-05 17:08:45
last_update2022-02-05 17:08:45
depth1
children0
last_payout2022-02-12 17:08:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length526
author_reputation25,761,508,188,824
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,173,968
net_rshares0
@behiverbee ·
$0.12
This are some great point. Another one on the legal side is to borrow against your assets and use that, thus no taxes to be paid on that.
πŸ‘  ,
properties (23)
authorbehiverbee
permlinkre-bala41288-kza82jx7
categoryhive-167922
json_metadata{"tags":["hive-engine"],"format":"markdown","canonical_url":"https://tribaldex.blog/@behiverbee/re-bala41288-kza82jx7","app":"tribaldex/1.0.0"}
created2022-02-05 19:21:21
last_update2022-02-05 19:21:21
depth1
children1
last_payout2022-02-12 19:21:21
cashout_time1969-12-31 23:59:59
total_payout_value0.060 HBD
curator_payout_value0.057 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length137
author_reputation983,387,763,982
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,177,043
net_rshares83,801,315,638
author_curate_reward""
vote details (2)
@bala41288 · 
Yeah borrowing is also a good option.
properties (22)
authorbala41288
permlinkre-behiverbee-202228t102735360z
categoryhive-167922
json_metadata{"tags":["hive-167922","hive-engine"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-08 04:57:36
last_update2022-02-08 04:57:36
depth2
children0
last_payout2022-02-15 04:57:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length38
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,256,914
net_rshares0
@codingdefined ·
$0.14
Also you can book flights and hotels on Travala through Cryptocurrencies.
πŸ‘  , ,
properties (23)
authorcodingdefined
permlinkre-bala41288-202225t225213607z
categoryhive-167922
json_metadata{"tags":["hive-167922","cryptocurrency","india","taxation","archon","neoxian","leo","vyb","cent","hive-engine","proofofbrain","ctp","palnet","leofinance"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-05 17:22:12
last_update2022-02-05 17:22:12
depth1
children1
last_payout2022-02-12 17:22:12
cashout_time1969-12-31 23:59:59
total_payout_value0.070 HBD
curator_payout_value0.069 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length73
author_reputation524,395,504,297,219
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,174,301
net_rshares99,571,439,181
author_curate_reward""
vote details (3)
@bala41288 · 
Oh nice. I'm sure there will be more options soon.
properties (22)
authorbala41288
permlinkre-codingdefined-202228t102815220z
categoryhive-167922
json_metadata{"tags":["hive-167922","cryptocurrency","india","taxation","archon","neoxian","leo","vyb","cent","hive-engine","proofofbrain","ctp","palnet","leofinance"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-08 04:58:15
last_update2022-02-08 04:58:15
depth2
children0
last_payout2022-02-15 04:58:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length51
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,256,923
net_rshares0
@curation-cartel · 
![Don-1UP-Cheers-Cartel-250px.png](https://files.peakd.com/file/peakd-hive/curation-cartel/23wgDhXHXhDmLCUp4RXCi4QwSwg2eCBXYV3b8uBMLvQ7BDWDG4eFSyWTp58qTjfu5ULQD.png) |  <div class="phishy"><u><h4>You have received a __1UP__ from @entrepidus!</h4></u></div> The following @oneup-cartel family members will soon upvote your post:<br> __<code>@leo-curator, @ctp-curator, @bee-curator, @neoxag-curator, @pal-curator, @pob-curator, @vyb-curator</code>__  <br>_And they will bring !PIZZA πŸ•_ 
-|-

<sup>[Learn more](https://peakd.com/hive-102223/@flauwy/the-curation-cartel-1up-trigger-smart-voting-mana-and-high-delegation-returns-for-14-different-tribes) about our delegation service to earn daily rewards. Join the family on [Discord](https://discord.gg/H5mxvTrexm).</sup>
properties (22)
authorcuration-cartel
permlinkre-different-ways-to-directly-use-crypto-for-payments-without-paying-tax-though-withdrawal-20220206t002142z
categoryhive-167922
json_metadata"{"app": "beem/0.24.26"}"
created2022-02-06 00:21:42
last_update2022-02-06 00:21:42
depth1
children0
last_payout2022-02-13 00:21:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length768
author_reputation1,123,882,653,763
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,182,966
net_rshares0
@ecency · 
Your content has been **voted** as a part of [Encouragement program](https://ecency.com/ecency/@good-karma/encouragement-program-continues-82eafcd10a299). Keep up the good work! <br><br>Use Ecency daily to boost your growth on platform! <br><br><b>Support Ecency</b><br>[Vote for new Proposal](https://hivesigner.com/sign/update-proposal-votes?proposal_ids=%5B197%5D&approve=true)<br>[Delegate HP and earn more](https://ecency.com/hive-125125/@ecency/daily-100-curation-rewards)
properties (22)
authorecency
permlinkre-202226t745833z
categoryhive-167922
json_metadata{"tags":["ecency"],"app":"ecency/3.0.16-welcome","format":"markdown+html"}
created2022-02-06 07:45:09
last_update2022-02-06 07:45:09
depth1
children0
last_payout2022-02-13 07:45:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length478
author_reputation613,589,286,978,643
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,189,840
net_rshares0
@emeka4 ·
$0.12
These new options you introduced is really awesome in using crypto for payment, it's only the P2P option I am familiar with
πŸ‘  ,
properties (23)
authoremeka4
permlinkr6ug4s
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2022-02-05 18:17:21
last_update2022-02-05 18:17:21
depth1
children1
last_payout2022-02-12 18:17:21
cashout_time1969-12-31 23:59:59
total_payout_value0.059 HBD
curator_payout_value0.058 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length123
author_reputation233,978,524,157,139
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,175,543
net_rshares83,335,878,672
author_curate_reward""
vote details (2)
@bala41288 · 
Yes there are always different ways. πŸ™‚
properties (22)
authorbala41288
permlinkre-emeka4-202228t102952366z
categoryhive-167922
json_metadata{"tags":"ecency","app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-08 04:59:51
last_update2022-02-08 04:59:51
depth2
children0
last_payout2022-02-15 04:59:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length38
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,256,944
net_rshares0
@entrepidus ·
$0.12
While I don't support the outright rejection of taxes, it's good to see that there *are* creative ways to use crypto without incurring unnecessarily heavy tax rates for not other reason than ignorance. Thanks for sharing your ideas!

!1UP
πŸ‘  ,
properties (23)
authorentrepidus
permlinkre-bala41288-r6uwgf
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.01.2"}
created2022-02-06 00:09:48
last_update2022-02-06 00:09:48
depth1
children1
last_payout2022-02-13 00:09:48
cashout_time1969-12-31 23:59:59
total_payout_value0.059 HBD
curator_payout_value0.059 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length238
author_reputation25,517,038,518,446
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,182,691
net_rshares85,947,306,391
author_curate_reward""
vote details (2)
@bala41288 · 
Yeah there is always creative ways to use crypto. I believe it will keep coming.
properties (22)
authorbala41288
permlinkre-entrepidus-202227t123720960z
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-07 07:07:21
last_update2022-02-07 07:07:21
depth2
children0
last_payout2022-02-14 07:07:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length81
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,223,243
net_rshares0
@finguru ·
$0.12
LMAO. Genius broooo πŸ˜‚πŸ˜‚πŸ˜‚πŸ˜‚ 

Taxation is a scam and that is how you counter it. 

Fuck you Indian Government πŸ™„ 30% Tax will only make people find workarounds like these to get away with it. Hopefully they rethink and define proper tax slabs instead of flat 30%.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-bala41288-3ddvm1)
πŸ‘  ,
properties (23)
authorfinguru
permlinkre-bala41288-3ddvm1
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@finguru/re-bala41288-3ddvm1"}
created2022-02-05 19:32:00
last_update2022-02-05 19:32:00
depth1
children2
last_payout2022-02-12 19:32:00
cashout_time1969-12-31 23:59:59
total_payout_value0.060 HBD
curator_payout_value0.057 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length354
author_reputation358,211,814,021,785
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,177,269
net_rshares83,950,376,982
author_curate_reward""
vote details (2)
@bala41288 · 
If they had set 10% mandatory tax on crypto, I would have been more than happy to welcome that move and pay the tax. Now it is obvious that people will look for alternatives.
πŸ‘  
properties (23)
authorbala41288
permlinkre-finguru-202228t102631750z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-08 04:56:33
last_update2022-02-08 04:56:33
depth2
children1
last_payout2022-02-15 04:56:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length175
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,256,898
net_rshares2,294,574,362
author_curate_reward""
vote details (1)
@finguru · 
Haha. There are so many loopholes in the system. πŸ˜‚

Also, it's a call to move to Decentralized systems. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@finguru/re-bala41288-vcyvt)
properties (22)
authorfinguru
permlinkre-bala41288-vcyvt
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@finguru/re-bala41288-vcyvt"}
created2022-02-08 06:24:03
last_update2022-02-08 06:24:03
depth3
children0
last_payout2022-02-15 06:24:03
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length198
author_reputation358,211,814,021,785
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,258,226
net_rshares0
@india-leo ·
Indiaunited Curation 1644082933297
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators. 

<sub>**Please contribute to the community by upvoting this comment and posts made by @indiaunited.**</sub>
properties (22)
authorindia-leo
permlinkindiaunited-1644082933297
categoryhive-167922
json_metadata{"app":"hiveblog/0.1","tags":["cryptocurrency","india","taxation","archon","neoxian","leo","vyb","cent","hive-engine","proofofbrain","ctp","palnet","leofinance"]}
created2022-02-05 17:42:15
last_update2022-02-05 17:42:15
depth1
children0
last_payout2022-02-12 17:42:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length405
author_reputation7,347,349,004,874
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,174,753
net_rshares0
@indiaunited ·
Indiaunited Curation 1644082926833
This post has been manually curated by @bhattg from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators. 

Here are some handy links for delegations: [100HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=184444.3774730733%20VESTS), [250HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=461110.9436826832%20VESTS), [500HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=922221.8873653664%20VESTS), [1000HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=1844443.774730733%20VESTS). 

Read our latest [announcement post](https://hive.blog/hive-186042/@indiaunited/indiaunited-2-0-active-again-with-a-lot-more-energy-this-time) to get more information. 

[![image.png](https://files.peakd.com/file/peakd-hive/bala41288/46eaz12N-image.png)](https://discord.gg/bGmS2tE) 

<sub>**Please contribute to the community by upvoting this comment and posts made by @indiaunited.**</sub>
properties (22)
authorindiaunited
permlinkindiaunited-1644082926833
categoryhive-167922
json_metadata{"app":"hiveblog/0.1","tags":["cryptocurrency","india","taxation","archon","neoxian","leo","vyb","cent","hive-engine","proofofbrain","ctp","palnet","leofinance"]}
created2022-02-05 17:42:06
last_update2022-02-05 17:42:06
depth1
children0
last_payout2022-02-12 17:42:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,250
author_reputation95,034,216,723,869
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,174,750
net_rshares0
@jfang003 ·
$0.12
I am not really sure getting the payment out using a friend is that great of an idea. At least I would not because the fiat system might be tracking things and I wouldn't do it in the US.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-bala41288-754haz)
πŸ‘  ,
properties (23)
authorjfang003
permlinkre-bala41288-754haz
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@jfang003/re-bala41288-754haz"}
created2022-02-05 22:26:45
last_update2022-02-05 22:26:45
depth1
children1
last_payout2022-02-12 22:26:45
cashout_time1969-12-31 23:59:59
total_payout_value0.058 HBD
curator_payout_value0.057 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length283
author_reputation630,711,407,458,292
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,180,569
net_rshares84,100,409,667
author_curate_reward""
vote details (2)
@bala41288 · 
That's true. But there are a few loop holes there. We have to pay tax but only for the SWIFT code we accept. So it is legal.
properties (22)
authorbala41288
permlinkre-jfang003-202228t102518714z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-08 04:55:18
last_update2022-02-08 04:55:18
depth2
children0
last_payout2022-02-15 04:55:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length125
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,256,884
net_rshares0
@mistakili ·
$0.12
30% tax is certainly better than an outright ban. I made this meme earlier because I think the attempt at regulating crypto will bring more awareness and with more awareness comes more users, more users who can tap into various tools just to improve their finances. 

![BF622BC2-4881-403B-972D-C3DF6F6626EA.jpeg](https://images.hive.blog/DQma3swdYciQ8VLfFugdsVMbcavXJyBmtFCx7tnouynpvVv/BF622BC2-4881-403B-972D-C3DF6F6626EA.jpeg)
πŸ‘  ,
properties (23)
authormistakili
permlinkr6ugva
categoryhive-167922
json_metadata{"image":["https://images.hive.blog/DQma3swdYciQ8VLfFugdsVMbcavXJyBmtFCx7tnouynpvVv/BF622BC2-4881-403B-972D-C3DF6F6626EA.jpeg"],"app":"hiveblog/0.1"}
created2022-02-05 18:33:12
last_update2022-02-05 18:33:12
depth1
children1
last_payout2022-02-12 18:33:12
cashout_time1969-12-31 23:59:59
total_payout_value0.059 HBD
curator_payout_value0.058 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length428
author_reputation642,703,623,225,812
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,175,864
net_rshares83,177,522,097
author_curate_reward""
vote details (2)
@bala41288 · 
Yeah awareness is good but atleast they should have made it 10%.
properties (22)
authorbala41288
permlinkre-mistakili-202228t103044474z
categoryhive-167922
json_metadata{"tags":"ecency","app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-08 05:00:45
last_update2022-02-08 05:00:45
depth2
children0
last_payout2022-02-15 05:00:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length64
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,256,963
net_rshares0
@pixresteemer · 
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 91 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-90-and-start-week-91) just started...you can now check the winners of the previous week!</center><center>!BEER</center><center><sub>7</sub></center>
properties (22)
authorpixresteemer
permlink20220205t170724193z
categoryhive-167922
json_metadata{"tags":["archon","pixresteemer"],"app":"pixresteemer"}
created2022-02-05 17:07:24
last_update2022-02-05 17:07:24
depth1
children0
last_payout2022-02-12 17:07:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length464
author_reputation121,280,289,831,114
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,173,932
net_rshares0
@pizzabot · 
<center>PIZZA! 


PIZZA Holders sent <strong>$PIZZA</strong> tips in this post's comments:
@curation-cartel<sub>(3/20)</sub> tipped @bala41288 (x1)


<sub>Please <a href="https://vote.hive.uno/@pizza.witness">vote for pizza.witness</a>!</sub></center>
properties (22)
authorpizzabot
permlinkre-different-ways-to-directly-use-crypto-for-payments-without-paying-tax-though-withdrawal-20220206t002306z
categoryhive-167922
json_metadata"{"app": "beem/0.24.26"}"
created2022-02-06 00:23:06
last_update2022-02-06 00:23:06
depth1
children0
last_payout2022-02-13 00:23:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length251
author_reputation7,436,786,204,887
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,182,990
net_rshares0
@tobetada ·
$0.12
>One other possibility to do P2P trading is a manual Peer to peer.

I think this is going to grow by a lot soon. If we could make this somehow more of a trustless action it would be great; or a "CEX" without KYC. Anybody know? Asking for a friend ;)
πŸ‘  ,
properties (23)
authortobetada
permlinkre-bala41288-r6vbce
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.01.2"}
created2022-02-06 05:31:27
last_update2022-02-06 05:31:27
depth1
children1
last_payout2022-02-13 05:31:27
cashout_time1969-12-31 23:59:59
total_payout_value0.058 HBD
curator_payout_value0.058 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length249
author_reputation596,841,127,072,980
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,187,892
net_rshares86,094,893,718
author_curate_reward""
vote details (2)
@bala41288 · 
Yeah I would also like to see a CEX or DEX without to KYC. That will probably be a good business too even if they take a small percentage from the transactions, we should still be good.
properties (22)
authorbala41288
permlinkre-tobetada-202227t12355485z
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-07 07:05:54
last_update2022-02-07 07:05:54
depth2
children0
last_payout2022-02-14 07:05:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length186
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,223,192
net_rshares0
@tomlee ·
$0.12
I guess some people didn't remember to think of this. Well done!!

Going this path, the governments might not see who to tax. Also, this is the main use case of cryptocurrency; using it for transactions instead of converting to Fiat in order to spend. 

Clearly, p2p trading will increase in daily volumes

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tomlee/re-bala41288-3rqych)
πŸ‘  , ,
properties (23)
authortomlee
permlinkre-bala41288-3rqych
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@tomlee/re-bala41288-3rqych"}
created2022-02-05 17:41:24
last_update2022-02-05 17:41:24
depth1
children3
last_payout2022-02-12 17:41:24
cashout_time1969-12-31 23:59:59
total_payout_value0.060 HBD
curator_payout_value0.059 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length399
author_reputation129,878,046,954,800
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,174,734
net_rshares84,407,427,521
author_curate_reward""
vote details (3)
@bala41288 · 
Yeah we might slowly move towards real decentralization.
properties (22)
authorbala41288
permlinkre-tomlee-202228t10297459z
categoryhive-167922
json_metadata{"tags":["hive-167922","leofinance"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-08 04:59:06
last_update2022-02-08 04:59:06
depth2
children2
last_payout2022-02-15 04:59:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length57
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,256,935
net_rshares0
@tomlee · 
Yes with time! 

On the other hand, the government might label this various ways you have mentioned as illegal soonπŸ˜†

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@tomlee/re-bala41288-hee12)
properties (22)
authortomlee
permlinkre-bala41288-hee12
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@tomlee/re-bala41288-hee12"}
created2022-02-08 05:58:09
last_update2022-02-08 05:58:09
depth3
children1
last_payout2022-02-15 05:58:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length209
author_reputation129,878,046,954,800
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,257,820
net_rshares0
@vaipraonde · 
Try see if you can get this awesome card. 

Use my referral link https://crypto.com/app/twdewr7ggp to sign up for Crypto.com and we both get $25 USD :)
πŸ‘  
properties (23)
authorvaipraonde
permlinkre-bala41288-r6udfy
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.01.2"}
created2022-02-05 17:19:12
last_update2022-02-05 17:19:12
depth1
children1
last_payout2022-02-12 17:19:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length153
author_reputation80,771,290,711,808
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,174,226
net_rshares50,153,586
author_curate_reward""
vote details (1)
@bala41288 · 
I already have an account on Crypto.com
πŸ‘  
properties (23)
authorbala41288
permlinkre-vaipraonde-202228t103127812z
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"ecency/3.0.25-mobile","format":"markdown+html"}
created2022-02-08 05:01:27
last_update2022-02-08 05:01:27
depth2
children0
last_payout2022-02-15 05:01:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length39
author_reputation1,509,260,087,114,790
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,256,982
net_rshares464,327,015
author_curate_reward""
vote details (1)
@williamtboy · 
Is a way to introduce Crypto transaction in the country, just that the tax impose on it is much. They need to reduce the tax.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-bala41288-4sb9sf)
πŸ‘  
properties (23)
authorwilliamtboy
permlinkre-bala41288-4sb9sf
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@williamtboy/re-bala41288-4sb9sf"}
created2022-02-05 18:07:54
last_update2022-02-05 18:07:54
depth1
children0
last_payout2022-02-12 18:07:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length224
author_reputation2,215,730,428,700
root_title"Different ways to directly use Crypto for payments without paying tax though withdrawal"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id110,175,349
net_rshares48,753,290
author_curate_reward""
vote details (1)
Help/Feedback