ZenHarmonious
Sat Mar 30 2024
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6 answers
1320
Is getting paid in crypto taxable in the UK?
Hello, I am a UK resident and I am considering getting paid in cryptocurrency for some of my work. However, I am uncertain about the tax implications of this. Could you please advise me on whether receiving payment in crypto is taxable in the UK? If so, how would the taxation process work? Would I need to declare the value of the crypto at the time of receipt or at the time of disposal? Would the tax rate be the same as for other income? Thank you for your help.
Giulia
Sat Mar 30 2024
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5 answers
1176
Do most people lose money in crypto?
I've heard so many horror stories about people losing everything in crypto. Is it really that risky? Do most investors end up losing money?
BlockchainBaroness
Sat Mar 30 2024
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7 answers
1825
Can someone steal your crypto if they have your wallet address?
Hello, I am new to the world of cryptocurrencies and have a basic question. If someone knows my wallet address, can they steal my crypto? I've heard stories about people's crypto being drained suddenly, and I'm worried about the safety of my assets. What measures can I take to ensure the security of my crypto?
CryptoEnthusiast
Sat Mar 30 2024
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5 answers
1201
How not to pay tax on crypto UK?
I'm a bit confused about the taxation rules regarding cryptocurrencies in the UK. Could you explain to me how to avoid paying taxes on my crypto assets? I've heard some rumors about people not declaring their crypto holdings or using certain strategies to minimize their tax burden. Could you please elaborate on these methods? I'm just looking for ways to maximize my returns while minimizing my tax liabilities. Is it even possible to do so legally in the UK? I'd appreciate your insights and advice.
EthereumEagleGuard
Sat Mar 30 2024
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7 answers
1165
Is crypto ban in South Korea?
Excuse me, I'm quite confused about the recent news regarding cryptocurrencies in South Korea. I've heard rumors that there's been a ban on crypto in the country, but I'm not entirely sure. Could you please clarify this for me? If there is indeed a ban, what are the specific details? And what does this mean for crypto investors and the overall crypto market in South Korea? Thank you for your time and assistance.
