![Silvia](https://img.btcc.com/btcc/qa/Silvia.png)
How much can you make on crypto before paying tax UK?
Good day, I am quite new to the world of cryptocurrency and am interested in understanding the tax implications. I understand that crypto transactions are taxable in the UK, but I'm not quite sure how the system works. Could you please enlighten me on how much profit I can make from crypto before I have to pay taxes? Also, could you explain the specific tax rules and regulations regarding cryptocurrency in the UK? Thank you for your time and assistance.
![How much can you make on crypto before paying tax UK?](https://img.btcc.com/btcc/qa/qaimg1269.png)
![ShintoMystery](https://img.btcc.com/btcc/qa/ShintoMystery.png)
Can UK citizens withdraw from Binance?
Good day, I am a UK citizen and I am considering withdrawing some funds from my Binance account. However, I am somewhat concerned about the process and whether there may be any complications specific to my nationality. Could you please clarify if UK citizens are allowed to withdraw from Binance and if there are any special requirements or procedures we need to follow? Thank you for your assistance.
![Can UK citizens withdraw from Binance?](https://img.btcc.com/btcc/qa/qaimg184.png)
![Maria](https://img.btcc.com/btcc/qa/Maria.png)
Why is my bank stopping me buying crypto?
I've been hearing a lot about cryptocurrency lately, and I'm interested in investing. But when I tried to buy some with my bank account, they blocked the transaction. I'm confused and frustrated. Why is my bank stopping me from buying crypto? Is it because they don't understand it? Are they worried about the risks? Or is it just because they're outdated and don't want to deal with new technology? I'd like to know more about their reasons and if there's anything I can do to make it possible for me to invest in crypto through my bank account.
![Why is my bank stopping me buying crypto?](https://img.btcc.com/btcc/qa/qaimg1393.png)
![CryptoAce](https://img.btcc.com/btcc/qa/CryptoAce.png)
Is using Binance illegal?
I've heard a lot about Binance, a cryptocurrency exchange platform, but I'm not sure if it's legal to use it. Can you tell me if using Binance is illegal? I'm a bit worried because I've seen some conflicting information online. Some people say it's legal, while others claim it's not. Could you clarify this matter for me? I'm interested in cryptocurrencies and would like to start trading, but I don't want to get involved in any illegal activities. Thank you for your help!
![Is using Binance illegal?](https://img.btcc.com/btcc/qa/qaimg1600.png)
![Giulia](https://img.btcc.com/btcc/qa/Giulia.png)
Why can't Australians stake on Binance?
I'm an Australian crypto investor, and I've heard a lot of talk about Binance, one of the largest crypto exchanges in the world. But I'm confused, why can't Australians stake on Binance? Is it because of some regulations or legal issues? I'm really interested in staking my crypto assets to earn some extra income, but I'm not sure where to start. Can you help me understand the situation better?
![Why can't Australians stake on Binance?](https://img.btcc.com/btcc/qa/qaimg49.png)