DigitalDynasty
Fri Mar 29 2024
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7 answers
1493
Is it better to hold crypto in wallet or exchange?
I'm new to the world of cryptocurrencies and I'm trying to figure out the best way to store my coins. Should I keep them in a wallet or an exchange? What are the pros and cons of each option? I've heard about security concerns with wallets and the risk of exchanges being hacked, but I'm not sure which one to choose. Can you please provide some insight and guidance on this matter?
Davide
Fri Mar 29 2024
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6 answers
924
Why move crypto from exchange to wallet?
I'm new to the world of cryptocurrencies, and I'm a bit confused about something. Why would someone want to move their crypto from an exchange to a wallet? It seems like the exchange would offer more convenience, like being able to trade easily and quickly. Plus, they often have security features to protect your assets. So, what's the advantage of moving them to a wallet? Is it really necessary? And if it is, how do I do it safely?
Valentino
Fri Mar 29 2024
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7 answers
1060
Is sending crypto to another wallet taxable?
Hello, I am a bit confused about the taxation of cryptocurrencies. I understand that when I buy or sell cryptocurrencies, I may have to pay taxes on the profits. But what about when I send cryptocurrencies to another wallet? Is this transaction taxable as well? I'm asking because I want to make sure I'm complying with all the relevant tax regulations and not accidentally falling into any traps. Could you please clarify this matter for me? Thank you very much for your help.
benjamin_stokes_astronomer
Fri Mar 29 2024
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7 answers
1457
Should I put all my crypto in a wallet?
Hey there, I've been hearing a lot about cryptocurrencies lately and I'm really interested in getting into it. But I'm a bit confused about wallets. Should I put all my crypto in a wallet? Won't that make me a target for hackers or something? And what kind of wallet should I choose? A hardware wallet or a software wallet? I'm really not sure what to do. Can you help me out here? I'd really appreciate it.
SakuraSpirit
Fri Mar 29 2024
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7 answers
1359
Should you put your crypto in a wallet?
Hello, I'm new to the world of cryptocurrencies and I'm trying to understand the basics. I've heard about crypto wallets, but I'm not sure if I should put my crypto in one. Could you explain the pros and cons of doing so? And what kind of wallet should I choose if I decide to go for it? Also, how safe are these wallets and what are the common security measures I should take? Thank you!
