Cryptocurrency Q&A

Bianca Fri Mar 29 2024 | 5 answers 1044

Excuse me, I am quite confused about the terms "FTX" and "FTT". Could you please clarify the difference between them for me? As a novice in the world of cryptocurrency and finance, I often encounter such abbreviations and acronyms, and it would be greatly appreciated if you could explain them in a simple and understandable manner. Thank you in advance for your assistance.

Dario Fri Mar 29 2024 | 7 answers 1224

Excuse me, I am quite interested in the cryptocurrency market, especially the FTX exchange. Could you please tell me what the highest share price of FTX was? I am trying to understand the fluctuations in its value over time and what factors might have influenced its peak price. I also want to know if there are any predictions or trends regarding its future performance. Thank you for your time and assistance.

henry_rose_scientist Fri Mar 29 2024 | 6 answers 1518

Hello, I am a cryptocurrency investor and I am currently holding a large number of cryptocurrencies on Coinbase. I am considering cashing out millions of dollars worth of cryptocurrencies. Could you please tell me if this is possible? If so, what are the steps I need to take and what are the potential risks and benefits? Additionally, I am also curious about the tax implications of cashing out such a large amount. Could you provide some guidance in this regard as well? Thank you for your help.

SsangyongSpiritedStrength Fri Mar 29 2024 | 7 answers 1614

I'm a bit confused about the legality of crypto payments in Australia. Could you please clarify for me? I've heard different things about it, and I'm not sure what the current situation is. Is it legal to use cryptocurrencies for payments in Australia, and if so, are there any restrictions or regulations that apply? I'm interested in using crypto for some of my transactions, but I want to make sure I'm doing it legally and within the guidelines set by the government. Could you please provide me with some clarity on this matter?

Maria Fri Mar 29 2024 | 7 answers 1838

I'm curious about the insurance status of Binance Australia. Given the volatile nature of the cryptocurrency market, it's important for investors to understand the level of protection their assets have in case of any unexpected events. Does Binance Australia offer any form of insurance to its customers? If so, what kind of coverage does it provide? And how does this insurance work in practice? I'd appreciate it if you could provide some clarity on this matter.