Category: Everything Crypto

Form 1099-DA Explained: New Crypto Tax Form?

Earlier this year, the IRS announced that they are working on a new form called Form 1099-DA, specifically designed for crypto transactions aiming to overcome the challenges tied to the Infrastructure Bill’s reporting rules.  Form 1099 has long been the go-to document for reporting non-employment income to the IRS....

Crypto Tax Penalties in Spain: In-Depth Guide

Crypto tax penalties in Spain are pretty straightforward – you’ll face a 1% surcharge monthly, escalating to 15% after a year of non-payment. This only applies if you haven’t received a notice from the tax authorities. Otherwise, depending on the severity and intent of non-compliance, the penalties can reach...

Stop and Limit Orders in Crypto Trading: Explained

Here is what stop and limit orders in crypto trading do – A stop order triggers a market order at a set price to minimize losses, while a limit order sets a specific price range for profit or loss control. Knowing how and when to use stop and limit...

Crypto Taxes for Digital Nomads: From Bitcoin to Borders

Crypto taxes for digital nomads involve navigating a complex mix of tax residency, domicile, and international treaties to ensure compliance and optimize tax savings. Digital nomads need to know the tax rules in each country they stay in, keep detailed records of their crypto transactions and travel logs, and...

11 Best Crypto Hubs Around the World in 2024

The following is a list of the best crypto hubs in 2024, where great laws, skilled workforce, plenty of investment chances, government backing, and lively communities make them perfect for anyone into crypto. With the blockchain market expected to hit almost $40 billion by 2025, these are cities where...

Best Crypto Wallets in 2024: Secure Your Digital Gold

In 2024, with the landscape of cryptocurrency evolving rapidly, using the best crypto wallets is more crucial than ever. With advancing technology and increasing threats, having multiple top-notch wallets at your disposal helps provide security and flexibility for your investments. What is a Crypto Wallet? Crypto wallets serve as...

Crypto Tax Penalties in India: Complete Guide

What are the crypto tax penalties in India? Late filing of income tax returns in India incurs penalties and interest charges. Underreporting or misreporting income leads to fines and potential imprisonment. Failure to obtain TAN or deduct/deposit TDS attracts penalties and interest, while late TDS return filing incurs daily...

Bitcoin Options Trading Explained: The Ultimate Guide

Have you ever considered expanding your crypto investment strategy beyond buying and selling coins directly? That’s where derivatives trading, like Bitcoin options trading, comes into play. But what are they? Bitcoin options trading allows investors to speculate on Bitcoin’s price movement without owning it, granting the right (but not obligation)...

Reduce Ethereum Gas Fees: 6 Proven Strategies

To reduce Ethereum gas fees, choose off-peak hours for transactions, batch similar transactions, use gas tokens and estimation tools, and explore Layer 2 solutions like Optimism.  Whether you’re an avid DeFi user, a DApp developer, or simply a casual Ethereum enthusiast, high gas fees are equally frustrating for us...

8 Best Privacy Coins in 2023: Secure and Anonymous Transactions

Monero and Zcash are the poster boys for the best privacy coins, and they often overshadow other equally viable alternatives that prioritize privacy and anonymity. If you’re curious about exploring these lesser-known options and finding the perfect privacy coin to match your needs, you’re in the right place. What...