Questions tagged [sell]

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LightningStrike LightningStrike Sat Mar 30 2024 | 6 answers 1409

How to sell Bitcoin in Korea?

I'm a newcomer to the world of cryptocurrency, and I'm quite confused about the process of selling Bitcoin in Korea. Could you please guide me through the steps? I've heard about exchanges and wallets, but I'm not sure how they fit into the picture. Also, are there any legal requirements or taxes I need to be aware of? Could you please provide some insight into the current market situation and any potential risks I should consider? Thank you so much for your help!

How to sell Bitcoin in Korea?
noah_harrison_philosopher noah_harrison_philosopher Sat Mar 30 2024 | 6 answers 1441

How to sell Bitcoin in South Korea?

Could you please advise me on how to sell Bitcoin in South Korea? I'm a bit confused about the process and would appreciate some clarity. I understand that Bitcoin is a highly volatile asset, but I'm still interested in converting it into fiat currency. What are the steps I need to follow to safely and securely sell my Bitcoin in South Korea? Are there any legal implications or taxes I should be aware of? Thank you for your help.

How to sell Bitcoin in South Korea?
Valentino Valentino Sat Mar 30 2024 | 6 answers 1153

How do I sell crypto to my bank account UK?

I'm a bit confused about the process of selling my cryptocurrencies and transferring the funds to my bank account in the UK. Could you please explain the steps I need to follow? I've heard about some platforms that allow this, but I'm not sure which one to choose or how secure they are. Also, are there any taxes or fees involved in this process? Thank you for your help!

How do I sell crypto to my bank account UK?
KabukiPassion KabukiPassion Sat Mar 30 2024 | 7 answers 1827

Do you only pay tax on crypto when you sell?

So, I've been hearing a lot about cryptocurrencies lately, and I'm starting to get interested. But one thing that's been confusing me is taxes. Do you only pay tax on crypto when you sell it? Or do you have to pay taxes on it every year, like with other investments? And how does the government even know how much crypto you have? I've heard about people using crypto to avoid taxes, is that true? And if so, how does that work? I'm just trying to wrap my head around all this new and complex stuff. Could you explain it to me like I'm five?

Do you only pay tax on crypto when you sell?
CryptoGuru CryptoGuru Fri Mar 29 2024 | 5 answers 1042

Do you have to report crypto if you don't sell?

I've been hearing a lot about cryptocurrency lately, and it seems like everyone is talking about investing in it. But I'm still a bit confused about how it all works. For example, if I buy some cryptocurrency and hold onto it without selling, do I still have to report it to the government or pay taxes on it? Or is it only when I sell it that I need to worry about that?

Do you have to report crypto if you don't sell?

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