GinsengBoostPower
Sat Jun 08 2024
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6 answers
1603
Is crypto legal in China?｜. Run used bank cards issued by small rural commercial banks to buy cryptocurrencies through grey-market dealers, and capped each transaction at 50,000 yuan ($6,978) to escape scrutiny. "Bitcoin is a safe haven, like gold," says Run.Crypto trading and mining has been banned in China since 2021
Is crypto trading actually legal in China? Despite the ban on crypto trading and mining since 2021, I've heard rumors of individuals using grey-market dealers to purchase cryptocurrencies with bank cards issued by small rural commercial banks. Run, for instance, has been doing this, capping each transaction at 50,000 yuan to avoid scrutiny. He even compares Bitcoin to a safe haven, akin to gold. So, what's the real situation? Is there still a way for Chinese citizens to engage in crypto trading despite the ban?
CharmedWhisper
Sat Jun 08 2024
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7 answers
1234
Which broker is best for crypto trading?
Could you please elaborate on the criteria that one should consider when determining the best broker for crypto trading? What factors are particularly important, such as fees, platform usability, or security measures? Additionally, are there any specific brokers you would recommend based on your experience in the field of cryptocurrency trading? How do these brokers stand out compared to their competitors? It would be helpful if you could provide some insights into the pros and cons of each broker, as well as any personal anecdotes or examples to illustrate your points. Thank you for your assistance in guiding me towards choosing the best broker for crypto trading.
Pietro
Fri Jun 07 2024
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7 answers
1945
Can you sell crypto in Australia?｜because crypto trading and investing is completely legal and widely accepted by the Australian government.Yes, you can confidently sell crypto and carry out any crypto transaction in Australia
Could you please elaborate on the matter of selling cryptocurrency in Australia? Given that cryptocurrency trading and investing are entirely lawful and generally endorsed by the Australian authorities, does this mean individuals residing in Australia are free to dispose of their crypto assets without any hindrance? Could you also clarify the procedures involved in executing such transactions and any potential tax implications that might arise from selling crypto in Australia?
NavigatorEcho
Fri Jun 07 2024
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6 answers
1591
Which platform is best for crypto trading?
Could you possibly provide some insight into which platform would be considered optimal for cryptocurrency trading? Given the numerous options available, I'm interested in understanding which ones offer the most reliable services, competitive fees, and a user-friendly interface. Additionally, are there any specific features that you would recommend looking for in a crypto trading platform? And how does one assess the security measures taken by these platforms to safeguard their users' funds? It would be greatly appreciated if you could share your expert opinion on this matter.
Silvia
Fri Jun 07 2024
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6 answers
1844
Which country spends the most on crypto?｜Without adjusting the PPP, has the most crypto owners at roughly 13% of the population (or 46 million). Many 2021 surveys suggest at least 16% of Americans traded crypto.the U.S.
Which country spends the most on cryptocurrencies? This question piques my curiosity. It's fascinating to consider which nation leads in crypto adoption and spending. It's mentioned here that has the highest percentage of crypto owners, approximately 13% of its population, or roughly 46 million individuals. This statistic is quite impressive, indicating a significant level of crypto ownership in that country. However, does this translate to the highest spending on cryptocurrencies? It's worth noting that the survey data also suggests that at least 16% of Americans have traded crypto. Given the vast economy and population of the United States, does the US potentially outstrip in terms of crypto spending? Certainly, more factors than just the percentage of owners or traders need to be considered when answering this question. Economic size, purchasing power parity (PPP), and the general acceptance and integration of cryptocurrencies into the economy are all crucial elements. Adjusting for PPP would provide a more accurate comparison of spending power across countries. So, which country spends the most on cryptocurrencies? It's a complex question that requires a deeper analysis of various data points and metrics. It would be interesting to see a comprehensive study that compares crypto spending across different countries, taking into account all relevant factors.
