Martina
Sat Jun 08 2024
|
7 answers
1032
How do I pay tax on crypto in Australia?｜The ATO taxes cryptocurrency as a “capital gains tax (CGT) asset”. This means you must declare the transactions (on your tax return) for every time you traded, sold, or used crypto. The ATO does not see crypto as money, and they don't class it as a foreign currency.
How exactly do I go about paying taxes on cryptocurrency in Australia? I understand that the ATO treats it as a capital gains tax asset, but what specific steps should I follow? Do I need to report every single transaction, including trades, sales, and uses of crypto? Also, since the ATO doesn't consider crypto as money or a foreign currency, does that mean there are additional tax implications I should be aware of? Could you please clarify the process for me?
PulseEclipse
Sat Jun 08 2024
|
7 answers
1538
How many people own crypto in France?
Could you please provide me with some insight into the question, "How many people own crypto in France?" I'm interested in understanding the current trends and adoption rates among the French population towards cryptocurrencies. Is there any reliable data or statistics available on this matter? Would you say the number is increasing, decreasing, or remaining stable? Additionally, are there any specific cryptocurrencies that are more popular in France compared to others? Thank you for your assistance in addressing this inquiry.
CryptoMercenary
Sat Jun 08 2024
|
7 answers
1273
Can I transfer AED to Binance?
Could you please clarify for me, is it possible to transfer AED, the official currency of the United Arab Emirates, to my Binance account? I'm considering investing in some cryptocurrencies but I'm not entirely sure about the process. Could you guide me through the steps, if indeed it's feasible? I'd also like to know if there are any associated fees or limitations that I should be aware of. Would it be advisable to use a third-party service for this transaction, or can I do it directly from my bank? I'm a bit new to this, so your advice would be greatly appreciated.
StormGlider
Sat Jun 08 2024
|
7 answers
1619
Where is Bubble based?
Could you please clarify for me where Bubble is actually based? I'm curious to know if it's a local, regional, national, or even an international company. Is it headquartered in a specific city or country? Also, does it have any satellite offices or branches elsewhere? It would be great to have a better understanding of Bubble's geographical footprint. Thank you for your assistance in this matter.
BonsaiGrace
Sat Jun 08 2024
|
5 answers
981
Why can't i use Binance in Australia?｜. What that means is if you have crypto on Binance Australia, you can't cash it out as AUD into your Aussie bank account like you used to.As of June 2023, Binance ceased its support for AUD deposits and withdrawals via bank accounts in Australia
Why can't I use Binance in Australia anymore? I'm really confused about this. Does it mean that if I have cryptocurrency on Binance Australia, I'm unable to convert it into Australian dollars and withdraw it to my local bank account, as I've done before? I heard that Binance stopped supporting AUD deposits and withdrawals through bank accounts in Australia starting from June 2023. What's the reason behind this change? Could you please clarify this for me?
