TaekwondoMasterStrength
Sat Mar 30 2024
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6 answers
1562
Does Coinbase automatically report to IRS?
Could you clarify whether Coinbase automatically reports transactions to the IRS? I'm considering using their services for cryptocurrency transactions, but I'm concerned about tax implications. Is there a way to ensure my transactions remain confidential while still complying with tax regulations? I've heard conflicting information about this, so I'd appreciate any clarity you can provide.
Giulia
Sat Mar 30 2024
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6 answers
1127
Which crypto will surpass Bitcoin?
So, which cryptocurrency do you think will eventually surpass Bitcoin? I've been hearing a lot about Ethereum and its potential to take over the crypto market, but I'm also curious about other alternatives like Litecoin, Cardano, or even some of the newer projects like Polygon or Avalanche. What's your take on this? What factors do you consider when predicting the rise of a new crypto? Is it just the technology behind it, or is it also about the community support, the use cases, or even the marketing strategies of the project? I'm really interested in hearing your thoughts on this.
SamuraiHonor
Sat Mar 30 2024
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5 answers
1016
What is HSBC crypto limit?
Excuse me, I'm quite interested in cryptocurrencies and their associated financial limits. Could you please clarify for me what the HSBC crypto limit refers to? I've heard about this term but am not entirely sure of its meaning or implications. I'd appreciate it if you could provide a detailed explanation, including any recent updates or changes that may have occurred. Additionally, I'm curious to know if this limit applies to all cryptocurrencies or if there are any exceptions. Thank you for your time and assistance.
SakuraDance
Sat Mar 30 2024
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5 answers
1073
How does HMRC find out about crypto?
I'm curious, how does HMRC become aware of cryptocurrency transactions? Do they monitor every transaction made on crypto exchanges or do they receive reports from these exchanges? Also, if I make a profit from trading cryptocurrencies, am I obligated to declare it to HMRC? And how would they even know if I didn't? I understand that taxes are important and should be paid, but the whole process seems quite mysterious to me. Could you explain it a bit more clearly?
Daniela
Sat Mar 30 2024
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7 answers
1452
Should I leave my money in Binance?
I'm a bit confused about where to keep my cryptocurrencies. Should I leave my money in Binance? I've heard some people talk about the platform's security issues, but I also know it's one of the most popular exchanges. What are your thoughts on this matter? Should I be worried about the safety of my funds if I choose to keep them on Binance? Or are there any other recommended platforms that offer better security? I really appreciate your help in clarifying this matter for me.
