WitrynaRegarding if we should even report it. I’m ashamed to say this but my trading volume there was pretty significant and the end result was a loss lmao. Right it's only taxable when you sell or trade. So in your case you sell for $200 and had a basis of $100 so the $100 profit would be taxable. Witrynar/kucoin • KUCOIN holding my $42k hostage. Ticket 1144703. I have been trying to reset trading password and sent in all requested documents. They replied with additional …
7 Best Crypto Exchanges USA 2024 - CaptainAltcoin
WitrynaYes, it's fine. it's legal you can trade and buy coins/tokens on kucoin, no VPN needed and no KYC needed. however, If you had income from crypto , report it to IRS, failure to report it may haunt you. Yep its legal. No KYC tho. But I think its fine as long all the features are usable actually. It's legal. WitrynaIt's non-compliant with US regulations. It also isn't based in the US, so it doesn't care about those regulations. That's not the same thing as being illegal. AlreadyLiberated • 2 yr. ago. To get all the coins I wanted I had to: Buy Bitcoin on Cash app and/or Coinbase and send to Kucoin, then trade for various coins. team bags ultra pro
KuCoin Review 2024: Is It Safe, Legit, & Trustworthy?
Witryna24 cze 2024 · This led to an exodus of many unregulated crypto exchanges from the USA and the ones left are all registered and in compliance with the current laws of Uncle Sam. ... Bitcoins are taxed when it comes to taxation, but the IRS treats bitcoins as assets or intangible property than being a currency. ... KuCoin, Binance, and eToro … Witryna17 cze 2024 · 0. IRS means internal revenue service; and it represents a government organization in the U.S. whose sole responsibility is to collect national taxes. KuCoin … Witryna1 sie 2024 · Over KuCoin. KuCoin is een gecentraliseerde exchange en is opgericht in juni 2024 door een groep met een sterkgeloof in de blockchaintechnologie.En heeft als doel om het investeren in crypto zo toegankelijk mogelijk te maken voor iedereen. De wortels van KuCoin zijn al ontstaan in 2011 met de start van een blockchain … team bahrain doping