Tommaso
Fri Mar 29 2024
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7 answers
1072
What Bitcoin app works in Canada?
I'm a bit confused about the Bitcoin apps available in Canada. Could you please recommend a reliable one? I'm interested in buying and selling Bitcoin and would like to have a secure platform to do so. Is there any specific app that you would recommend for beginners in the crypto world? Also, are there any fees or commissions associated with using these apps? I'd appreciate your help in clarifying these matters.
CryptoWanderer
Fri Mar 29 2024
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7 answers
1546
What is the best crypto tax calculator UK?
Could you please recommend the most reliable crypto tax calculator for the UK market? I'm new to the world of cryptocurrencies and find the tax implications quite confusing. I'm looking for a tool that can accurately calculate my taxable income from crypto transactions, taking into account all the necessary factors like trading fees, exchange rates, and any other relevant deductions. I'd appreciate it if the calculator is user-friendly and provides clear explanations of the tax calculations. Thank you for your help!
ShadowFox
Fri Mar 29 2024
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7 answers
1245
Why is it so expensive to withdraw from Binance?
I'm quite perplexed about the high withdrawal fees on Binance. Could you explain the reasons behind this? Is it due to the complexity of the transactions or are there other factors involved? I understand that the platform needs to cover its operational costs, but are these fees really necessary? Compared to other crypto exchanges, Binance's withdrawal fees seem to be significantly higher. Could you elaborate on this?
EnchantedPulse
Fri Mar 29 2024
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8 answers
1752
Why are banks blocking crypto?
I'm curious, why are banks blocking cryptocurrencies? It seems like a missed opportunity to embrace innovation and meet the demands of a growing number of customers who are interested in digital assets. Couldn't banks actually benefit from offering crypto services, such as facilitating transactions and providing custody solutions? Or is it really about the risks associated with crypto volatility and potential fraud? If so, couldn't banks mitigate these risks by implementing proper KYC procedures and risk management frameworks? I'm just trying to understand the underlying reasons for this blockade, as it seems counterintuitive in a world where digitization and decentralization are becoming the norm.
Elena
Fri Mar 29 2024
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5 answers
1397
How much is the crypto tax in USA?
Excuse me, I'm a bit confused about the taxation of cryptocurrencies in the United States. Could you possibly enlighten me on the matter? I've heard that there are specific taxes levied on crypto transactions and holdings, but I'm not entirely sure how it works. Could you please explain the crypto tax system in the US, including the rates and any exemptions or exceptions that might apply? Thank you in advance for your assistance.
