Cryptocurrency Q&A

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InfinityEcho InfinityEcho Sat Mar 30 2024 | 7 answers 1599

Why is Binance illegal in usa?

I'm puzzled why Binance is considered illegal in the United States. Could you please elaborate on the reasons behind this? As a leading cryptocurrency exchange platform, Binance has millions of users worldwide, including many in the US. What specific laws or regulations have been violated that led to this classification? Is it due to issues with money laundering, tax evasion, or something else entirely? Also, how does this affect US citizens who use Binance? Are they at risk of facing legal consequences? I'd appreciate it if you could provide a detailed explanation.

Why is Binance illegal in usa?
WhisperInfinity WhisperInfinity Sat Mar 30 2024 | 5 answers 1150

What is the easiest way to buy crypto in the UK?

Hello, I'm new to the world of cryptocurrencies and am interested in investing. Could you please tell me what the easiest way to buy crypto in the UK is? I've heard about a few exchanges but am not sure which one to choose. Also, could you explain the process of purchasing crypto from start to finish? I'm a bit confused about the whole process and would appreciate some clarification. Thank you for your help!

What is the easiest way to buy crypto in the UK?
BlockchainBaroness BlockchainBaroness Sat Mar 30 2024 | 7 answers 1825

Can someone steal your crypto if they have your wallet address?

Hello, I am new to the world of cryptocurrencies and have a basic question. If someone knows my wallet address, can they steal my crypto? I've heard stories about people's crypto being drained suddenly, and I'm worried about the safety of my assets. What measures can I take to ensure the security of my crypto?

Can someone steal your crypto if they have your wallet address?
KimchiQueenCharmingKiss KimchiQueenCharmingKiss Sat Mar 30 2024 | 6 answers 1190

Is there any Bitcoin machine in Korea?

Excuse me, I am quite interested in cryptocurrencies and I am currently visiting Korea. I was wondering if there are any Bitcoin machines or ATMs available in this country? I am quite curious about the accessibility and usability of cryptocurrencies in Korea, especially Bitcoin. If there are any, could you please tell me where I can find them and how to use them? Thank you very much for your help.

Is there any Bitcoin machine in Korea?
TaekwondoPower TaekwondoPower Sat Mar 30 2024 | 6 answers 1479

How do I declare crypto income?

Hello, I am a beginner in the world of cryptocurrency. I have been trading cryptocurrencies for a while now and have made some profits. However, I am confused about how to declare this income to the authorities. Could you please guide me through the process of declaring crypto income? I am not sure if I need to pay taxes on my crypto profits and if so, how should I calculate the taxable amount? Additionally, are there any specific rules or regulations that I need to follow when declaring crypto income? Thank you for your help.

How do I declare crypto income?

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