Tax on Crypto? Legality & Taxation Explained

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25 COMMENTS

  1. i had purchased redotpay physical card 1 month ago…i dont do trading or earn profits..till now i had lost 600usd in it…i earn on binance by means of providing signals …and get tips by my trade followers..i also earn by means of creatorpad campaigns…

    There is 100% risk of bank account freeze if p2p is done on binance.. i had now made withdrew now from the atm by means of physical card…Yes i want to pay tax because that is my resposibility…

    Could any one plz tell me answer to

    1..Am i liable to pay 34% tax..if not 34 then how much..

    2..I had till now withdrew 1000usd ..is there any issue to withdraw from atm…i am student and dont want to face any issues…

    3..how to pay the tax..and how to show it that income is from tips

    PLEASE ANSWER…..🤒🤒🤒🤒

  2. October 31, 2008 (The Blueprint): The anonymous creator, Satoshi Nakamoto, published the Bitcoin Whitepaper titled "Bitcoin: A Peer-to-Peer Electronic Cash System." This was the day the concept and math behind Bitcoin were first shared with the world.
    According to blockchain data, Satoshi accumulated an estimated 1.1 million Bitcoins (BTC) between 2009 and 2010.
    From its earliest quantifiable value of roughly $0.00076 (₹0.03) in October 2009, Bitcoin has generated an astronomical return exceeding 7,800,000,000% to current market rates.

  3. On 31st OCT 2008, Bitcoin was firstly introduced and on 3rd JAN 2009, it was publically Launched. and since then, Bitcoin has made a high of $126,000 and it gave Over 339,965% return! and it's currently near $60,000 and at 162,000% returns from when it was launched. I used Google just for when it was launched and i calculated the percentage return on TradingView Myself.

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