So how does this work and how should it be labled when you bridge one asset from one chain to another? If I bridge ETH from Ethereum Mainnet to Polygon or BSC. is that considered a taxable Withdraw , & then a taxable Deposit? even though I am just transfer to another wallet on another chain that is mine?
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I have the same question. Seems if I have the same set of coins moved from my ETH wallet to my BSC wallet via a Moontography ETH-to-BSC bridge that it could just be treated as a non-taxable transfer.
OP, what did you decided to do? Anyone else have an opinion on this scenario?
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