What are crypto fees?
I'm trying to understand crypto fees. What are they exactly? I know they're related to cryptocurrency transactions, but I want a clearer explanation of how they work and what they entail.
Are crypto fees fixed?
I'm wondering if cryptocurrency fees are set at a fixed amount or if they vary. I'd like to understand if these fees remain the same regardless of the transaction or if they can change based on certain factors.
Do crypto fees count as losses?
I'm wondering if the fees I pay for cryptocurrency transactions should be considered as losses. Are crypto fees taxable or can they be deducted as expenses?
Do you pay taxes on crypto fees?
I'm wondering if I have to pay taxes on the fees I incur when transacting in cryptocurrencies. Are crypto fees taxable, and if so, how are they typically treated?
Why is crypto fees so high?
I don't understand why cryptocurrency transaction fees are so exorbitantly high. It seems unfair and excessive, especially when compared to traditional financial transactions.