What is a barter transaction?

A barter transaction occurs when two people or entities agree to trade goods or services without any money changing hands. When this occurs between people dealing with each other at arm's length, the value of the goods or services is deemed to be the value that would have been obtained for those goods or services in a regular cash transaction.

Where to buy barter stock?

If you would like to know where to buy Barter at the current rate, the top cryptocurrency exchange for trading in Barter stock is currently LATOKEN. You can find others listed on our crypto exchanges page. Barter is a digital platform for barter, auction, and direct trading based on legal smart contracts for digital and real assets.

What are the tax implications of barter and bitcoin transactions?

If a transaction would have tax implications if money changes hands, it will have the same tax implications if it is a barter or Bitcoin transaction. These transactions may result in taxable income or tax-deductible expenses.

How did bartering co-exist with money?

History proves that whenever money lost its value, people resorted to barter system to survive the turmoil. Hence, bartering continued to co-exist with money. Gradually, with the dawn of a sophisticated trading technology aided through the internet, bartering has gained its position back.