Exchanging Bitcoin for Ethereum also counts toward the R$ 35 thousand limit.

Many people think it only counts when you sell for reais or exchange for USDT. That’s not how it works: exchanges between currencies also count toward the monthly volume.

The exemption applies to sales of up to R$ 35 thousand per month. Go over that, and the profit for the entire month is taxed at 15% to 22.5%.

Add everything up before assuming you’re within the limit.

⚠️ I’m not an accountant, and this is not investment advice.

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