Questions tagged [crypto]

Chiara Sat Mar 30 2024 | 5 answers 1127

I'm curious, which banks don't allow cryptocurrency transactions? I've been hearing a lot about the crypto market lately and I'm interested in getting involved. However, I'm a bit concerned about the banks' stance on this matter. Are there any specific banks that are known for not supporting crypto? Or is it more of a general rule that most banks follow? I'd appreciate it if you could provide some clarity on this matter.

Alessandro Sat Mar 30 2024 | 6 answers 1112

Excuse me, I'm a bit confused about the taxation of cryptocurrencies. I understand that there are certain thresholds for taxing income, but I'm not quite sure how it applies to crypto. Specifically, is crypto taxed less than 600 dollars? If so, are there any specific conditions or exceptions I should be aware of? Could you please clarify this matter for me? I'd appreciate it if you could provide some detailed information or links to resources where I can learn more about the taxation of cryptocurrencies. Thank you very much!

JejuJoyfulHeartSoulMate Sat Mar 30 2024 | 5 answers 724

I'm a UK resident and I'm interested in investing in cryptocurrency. However, I'm a bit confused about the process. Could you please explain how I can buy crypto in the UK nowadays? What are the different options available, and which one would you recommend? Also, are there any specific rules or regulations I need to be aware of before investing in crypto? Thank you for your help!

KatanaSword Sat Mar 30 2024 | 6 answers 1579

Hello, I'm having some issues with my bank card. It seems like I can't use it to purchase cryptocurrency. I've tried several times, but the transactions are always being declined. Could you please help me understand why this is happening? I've checked with my bank, and they say there's nothing wrong with my card. Could it be something to do with the crypto exchange I'm using? Or could it be a problem with my bank's policies regarding cryptocurrency transactions? I'm just looking for some clarity on this matter. Thank you.

EnchantedPulse Sat Mar 30 2024 | 5 answers 570

As a parent, I'm always looking for ways to teach my child about finance and the value of money. Recently, I've been considering gifting them some cryptocurrency. But before I do, I want to make sure it's a responsible decision. Can I gift crypto to my child? What are the potential risks and benefits? Should I wait until they're older? And how can I ensure they use it responsibly? I'd appreciate any advice or insights you can provide.