user133090: Is it possible to convert eg. BTC to ETH and pay capital gains tax only when you sell and convert crypto into USD?

user13866: https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions
(Retrieved 2022-03-16)

Q16.  Will I recognize a gain or loss if I exchange my virtual currency for other property?
A16.  Yes.  If you exchange virtual currency held as a capital asset for other property, including for goods or for another virtual currency, you will recognize a capital gain or loss.  For more information on capital gains and capital losses, see Publication 544, Sales and Other Dispositions of Assets.


133090: <p>Is it possible to convert eg. BTC to ETH and pay capital gains tax only when you sell and convert crypto into USD?</p>
 13866: <p><a href="https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions" rel="nofollow noreferrer">https://www.irs.gov/individuals/international-taxpayers/frequently-asked-questions-on-virtual-currency-transactions</a></p>
<p>(Retrieved 2022-03-16)</p>
<blockquote>
<p>Q16.  Will I recognize a gain or loss if I exchange my virtual currency for other property?</p>
<p>A16.  Yes.  If you exchange virtual currency held as a capital asset for other property, including for goods or for another virtual currency, you will recognize a capital gain or loss.  For more information on capital gains and capital losses, see Publication 544, Sales and Other Dispositions of Assets.</p>
</blockquote>
