Questions tagged [wallet]

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BusanBeauty BusanBeauty Fri Mar 29 2024 | 6 answers 971

Should I move crypto from exchange to wallet?

I'm relatively new to the world of cryptocurrency and I'm trying to figure out the best way to manage my assets. I currently have some crypto sitting on an exchange, but I've heard that there are security risks associated with keeping crypto on exchanges. Should I move my crypto from the exchange to a wallet? If so, what kind of wallet should I use? And how do I ensure the safety of my crypto once it's in the wallet? I'm also a bit concerned about the fees associated with transferring crypto. Can you provide some insight into this matter? I appreciate your help!

Should I move crypto from exchange to wallet?
Caterina Caterina Fri Mar 29 2024 | 6 answers 1329

Can crypto be stolen from wallet?

I've been hearing a lot about cryptocurrencies lately, and I'm considering investing. But one thing that concerns me is the security of my crypto assets. Can cryptocurrencies be stolen from a wallet? How safe are they really?

Can crypto be stolen from wallet?
DigitalDynasty DigitalDynasty Fri Mar 29 2024 | 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?

Is it better to hold crypto in wallet or exchange?
Davide Davide Fri Mar 29 2024 | 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?

Why move crypto from exchange to wallet?
Valentino Valentino Fri Mar 29 2024 | 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.

Is sending crypto to another wallet taxable?

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