Valentina
Mon May 13 2024
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6 answers
1376
How do I know if my USDT is ERC-20?
I'm quite new to the world of cryptocurrencies and I've recently acquired some USDT. However, I'm not sure if it's the ERC-20 version or not. Could you please explain to me how I can determine this? I've heard that ERC-20 tokens are compatible with a wide range of wallets and exchanges, so it's important for me to know which type I have. Could you guide me through the steps to verify the type of my USDT? Also, are there any specific features or benefits that I should be aware of with ERC-20 USDT? Thank you for your help in navigating this sometimes confusing world of crypto.
Isabella
Mon May 13 2024
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5 answers
1058
How to know if wallet is ERC20?
Could you please explain how I can determine if my wallet supports ERC20 tokens? I've heard a lot about ERC20 tokens but I'm not entirely sure how to check if my wallet is compatible with them. Could you guide me through the process? It would be really helpful if you could provide some step-by-step instructions or maybe highlight some key features that indicate ERC20 support. Thank you in advance for your assistance!
JejuSunshineSoulMate
Sat May 11 2024
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5 answers
890
How do I know if I have Bitcoin?
I'm really curious about cryptocurrencies and I've been hearing a lot about Bitcoin. But I'm not sure if I have any or not. How do I find out? I've heard people talk about wallets and exchanges but I'm not quite sure how to navigate those. Could you please explain in a simple way how I can check if I own any Bitcoin? I'm quite new to this and I'd really appreciate your help.
SumoHonor
Thu May 09 2024
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5 answers
653
Will the IRS know if I don't report crypto?
I'm a bit concerned about tax reporting on my cryptocurrency transactions. I've heard rumors that some people don't declare their crypto profits, and I'm wondering if the IRS would really find out. Is there a way for them to track these transactions? What kind of risks am I facing if I decide not to report? I'm not trying to avoid taxes, but I'm just curious about the practicalities of it all. Could you please explain how the IRS might become aware of unreported crypto income and the potential consequences of not declaring it?
Giulia
Sat Mar 30 2024
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7 answers
1684
Does the ATO know about my crypto?
Does the ATO know about my crypto?" I asked with a hint of nervousness. The Australian Taxation Office (ATO) is a powerful institution, and the thought of them knowing about my cryptocurrency holdings made me feel exposed. I had been cautious about my crypto investments, but the possibility of the ATO being aware of them was a new concern. I had read about the increasing scrutiny on cryptocurrency by tax authorities worldwide, and the ATO was no exception. But I had also heard rumors that the ATO might not be as informed as they seemed, leaving room for taxpayers to hide their crypto assets. So, there I was, sitting in front of my computer, typing out my tax return, wondering if the ATO really knew about my crypto. Should I disclose my holdings? What would be the consequences if they found out I had been hiding them? These questions swirled around in my head, making me feel more anxious than I usually did during tax time. In the end, I decided to err on the side of caution and disclose my crypto holdings. After all, it was better to be safe than sorry when it came to dealing with the ATO.
