Wrapped tokens solve a fundamental limitation of the current blockchain technology and, by extension, the DeFi sector. The limitation of cross-chain applications between different cryptocurrencies. Think of blockchain technology as the operating system for cryptocurrencies. Just like you can’t play Android games on Windows, you can’t use Bitcoin on...

The idea behind an anonymous crypto debit card is one can use it without disclosing their identity to any third party or the government. While this idea sounds great on paper, it’s not practical. Federal law requires these companies to verify their customers’ identities before providing crypto debit cards,...

As a beginner, looking at a crypto chart and trying to make sense of it can be scary. But whether you wanna day trade or swing trade, reading charts is an essential skill you must learn sooner or later.  The good news is it’s not as complicated as you...

Crypto taxes in the UK are pretty similar to that of the US –  Capital gain taxes on disposal of cryptocurrency and income taxes on crypto received as income or revenue.  There are, however, some key distinctions between the two kinds of transactions. More importantly, it’s critical to understand...

Want to save more taxes? Well, what cost basis accounting method you use determines your gains, which determines how much you pay in taxes. So naturally, you would wanna use a cost basis method that works in your favor.  The following is a small but comprehensive guide on the...

Crypto taxes in Brazil are in the middle of a controversy right now due to a new tax reform that many think is unconstitutional and outright illegal. But to understand what went wrong, first, we must understand the basics.  In Brazil, crypto gains are taxed under capital gain taxes,...

Crypto taxes in South Africa are simple and confusing at the same time. It may seem straightforward on paper, but once you get into the details and nuances, things change.  In South Africa, crypto is taxed under capital gains and income tax rates, depending on the nature of the...

This is how crypto debit card taxes work – Every time you spend your cryptocurrency from your crypto debit card, you realize capital gains (or losses) and get taxed accordingly. You’ll also have to report each and every transaction from your card on your tax return, no matter how...

If you’re a US taxpayer, it’s good news for you. The wash sale rule doesn’t apply to crypto in the US. However, that’s not the case in every country.  But what is the wash sale rule anyway? And how can you utilize it to reduce your crypto taxes? Let’s...

In a recent list of top 10 crypto tax-free countries, Malaysia was ranked #5. Even though crypto taxes in Malaysia, for the most part, are non-existent, there are some exceptions.  You’re liable to income tax rates in Malaysia if you day trade crypto or receive crypto as income.  This...