You don't need to pay taxes if you have a strategy.

Brazilian friends, has anyone else read and felt disappointed with recent news about personal income tax (IRPF)? From what I understand, any and all profits from transactions (via spot or swap) on Binance will be taxed at 15% for income tax. In addition to financial costs, controlling the profit of each asset and recording transactions results in an absurdly exhausting job for those who make small trades.

I love Binance, but I am considering switching to a national brokerage. The national ones would have a tax exemption for profits of up to R$5000.00 per month.

Is anyone else thinking this way? Oh, what a sadness 🥲