Cryptocurrency Q&A

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TaegeukWarrior TaegeukWarrior Fri Mar 29 2024 | 7 answers 1517

Is it safer to keep your crypto in an exchange than in a wallet?

I've been hearing a lot about cryptocurrency lately, and I'm considering getting into it. But I'm a bit confused about where to store my crypto. Is it safer to keep it in an exchange or in a wallet? I've heard that exchanges can be hacked, but I'm also worried about losing my private keys if I use a wallet. What's the best option for someone who's just getting started in crypto?

Is it safer to keep your crypto in an exchange than in a wallet?
MysticRainbow MysticRainbow Fri Mar 29 2024 | 6 answers 1060

What is the average income in Canada?

Excuse me, I was wondering if you could provide me with some information regarding the average income in Canada. I'm considering relocating to the country and it would be helpful to know what the typical earning potential is. Could you also tell me if this average varies significantly by city or province? Additionally, are there any industries or occupations that offer higher-than-average salaries in Canada? Thank you for your time and assistance.

What is the average income in Canada?
CryptoWizardry CryptoWizardry Fri Mar 29 2024 | 5 answers 1218

Is Binance banned in some countries?

I'm quite curious about the status of Binance in different countries. As a leading cryptocurrency exchange platform, Binance has attracted millions of users worldwide. However, I've heard rumors that Binance has been banned in some countries. Is this true? If so, which countries have banned Binance and what are the reasons behind these bans? I'd appreciate it if you could provide some insights into this matter. Thank you!

Is Binance banned in some countries?
HanRiverVisionary HanRiverVisionary Fri Mar 29 2024 | 7 answers 1609

How do I cash out crypto without paying taxes UK?

I'm a UK crypto investor, and I'm looking to cash out some of my digital assets. However, I'm concerned about the tax implications of doing so. I've heard rumors that cashing out crypto can trigger a tax liability, and I'm not sure how to proceed without getting myself into trouble. Can you explain the tax rules surrounding crypto cashouts in the UK? And if there are any strategies or best practices I can follow to minimize my tax burden while still converting my crypto into cash? I appreciate your help and expertise in this matter.

How do I cash out crypto without paying taxes UK?
CryptoEnthusiast CryptoEnthusiast Fri Mar 29 2024 | 5 answers 631

Can police track your crypto?

Good afternoon, could you please explain something to me? I've been hearing a lot about cryptocurrencies lately, and it got me thinking. Given the anonymous nature of these transactions, can the police actually track your crypto? I understand that every transaction is recorded on the blockchain, but isn't that information encrypted and secure? How could the authorities possibly gain access to it if they needed to? And even if they could, wouldn't it be a herculean task to trace individual transactions through the millions that occur every day? I'm just curious about the practicalities of it. Could you possibly shed some light on this matter for me?

Can police track your crypto?

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