Category: Everything Crypto

If you’re into crypto gambling or looking to get into it, you might be wondering how crypto gambling taxes work. Well, let’s find out.  Are crypto gambling winnings tax-free? Yes, crypto gambling winnings are tax-free in most countries except in the US.  In the US, crypto gambling winnings are...

Here’s the most straightforward answer on how to make money with cryptocurrency? There are MAINLY five legit ways you can do it – trading, HODLing, mining or putting your crypto to work (passive income). When Bitcoin first started booming around 2015-2016, everyone dismissed it, saying it was a bubble....

The Terra crash is a historic event for the entire crypto industry. An event that we’ll remember for years to come.  It set many examples, taught many lessons and unfortunately, cost people millions of dollars.  Terra (LUNA), once trading for more than $80 per unit just a month ago,...

It’s official. We’ve officially entered a crypto bear run. Some might call it a crypto winter. Whatever you wanna call it, it’s here.  If you’re into crypto, trading or stocks, you might already know what a bear market is.  Different people have different definitions for it, but generally, it’s...

Let’s get one thing clear. You can’t entirely avoid crypto taxes in Australia. BUT… you can be strategic about your taxes and pay less.  Strategies to avoid crypto taxes in Australia include investing in ETF and SMSF, donating to charity, using available tax breaks to your advantage and finally,...

This is how crypto taxes in Australia works –  Your tax rates will vary depending on whether you qualify as an individual investor or trader. Individual investors are liable to capital gains taxes, while traders will pay ordinary tax rates.  The Australian Taxation office claims that approximately 500,000 to...

This is how crypto taxes in Switzerland works – You’re liable to capital gain taxes, only if you qualify as a self-employed trader or business.  Switzerland is known as a crypto nation.  Why?  Well, because it has some of the most progressive, crypto-friendly regulations and tax laws. As a...

There are more than 7000 cryptocurrencies as of 2022. Just in the last 24 hours, CoinMarketCap has listed nine new cryptocurrencies. This tells us how hard it is for new cryptocurrencies to make a place in the market, already dominated by established coins like Bitcoin and Ethereum. Forget standing...

The IRS is relentlessly going after people not paying taxes on their crypto gains. But as long as you pay all your taxes on time, you don’t have anything to worry about. However, let’s admit it. Paying taxes is no fun. Taxpayers are constantly looking for ways to reduce...

Different people like to consume content in different forms. While some people may find reading news articles on their phones or laptops while having their morning coffee, some people enjoy videos and visual content more. That is part of the reason why YouTube is such a huge platform. In...