Cryptocurrency Q&A
What happens to dead cryptocurrency?
What happens to dead cryptocurrency?
CherryBlossomDance
Thu Dec 05 2024
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6 answers
1331
I've been wondering about the fate of cryptocurrencies that have been abandoned or are no longer in use. What exactly happens to these 'dead' cryptocurrencies? Do they simply cease to exist or is there a process for their disposal?
6 answers
ShintoMystery
Fri Dec 06 2024
Ensuring that your beneficiaries can access crypto investments you wish to pass on is crucial.
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PulseEclipse
Fri Dec 06 2024
Such disposal can potentially trigger tax events for your estate.
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MysticGalaxy
Fri Dec 06 2024
To avoid this, it's important to plan ahead and make sure your beneficiaries are equipped to handle crypto investments.
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Matteo
Fri Dec 06 2024
If they lack the means to access a wallet holding these assets, gaining control of them may be impossible.
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HanbokElegance
Fri Dec 06 2024
This can lead to significant issues, especially if you haven't named any beneficiaries in your will.
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