eco-friendly cryptocurrencies
In Cryptocurrencies

Top most eco-friendly cryptocurrencies

5 Mins Read

Climate change has unequivocally emerged as one of the most significant and pressing challenges confronting the global community today. This issue has catalyzed a widespread imperative for businesses across various sectors to embrace and integrate sustainable and eco-friendly practices into their operational frameworks. The cryptocurrency industry is no exception to this broader trend. In recent years, the cryptocurrency sector has witnessed a burgeoning array of environmentally conscious initiatives designed to mitigate energy consumption and positively…

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Cryptocurrency and taxes
In Cryptocurrencies

Cryptocurrency and taxes; what you need to know

5 Mins Read

The IRS (Internal Revenue Service) incorporates cryptocurrency within its tax framework, delineating that income and capital gains derived from cryptocurrency transactions are subject to taxation. This regulatory stance underscores that while profits and earnings in the crypto realm face tax obligations, certain liabilities associated with cryptocurrencies may enjoy a tax-free status, reflecting a nuanced approach to digital asset taxation. Please keep in mind that all information mentioned in this article are based on laws of…

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How to know the best time for investing in Cryptocurrencies?
In Investing & Trading

How to know the best time for investing in Cryptocurrencies?

5 Mins Read

Timing is everything when investing in cryptocurrencies, for their nature is highly volatile. Understanding the best time of investment will considerably affect your return, since the market is prone to constant price changes depending on factors such as sentiment, regulation news, technological advancements, and global economic trends. Investors should understand the ups and downs of the market, its history, and any external influences that might indicate the right time to invest. These dynamics coupled with…

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How to protect your cryptos against scammers?
In Cryptocurrencies

How to protect your cryptos against scammers?

4 Mins Read

Scammers continually seek innovative methods to exploit financial systems, and the rapid expansion of cryptocurrencies has presented numerous opportunities for fraud. In 2021, cryptocurrency-related crimes reached unprecedented levels, with scammers absconding with $14 billion in digital assets. As an investor considering participation in the cryptocurrency market, it is imperative to be aware of these potential risks. Vigilance and informed decision-making are essential to navigating this dynamic landscape and safeguarding your investments against fraudulent activities. Frauds…

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non kyc crypto wallets
In Cryptocurrency Wallets

What are non KYC crypto wallets and how do they work?

4 Mins Read

(Non KYC) KYC is an abbreviation for “Know Your Client.” This is a set of norms and laws that allow financial organizations to verify the identification of their customers. KYC laws were initially enacted to combat laundering funds and terrorist activity. For a variety of reasons, cryptocurrency investors choose non KYC exchanges. Even if the exchange doesn’t demand KYC, you must still record any revenue made by your crypto investments on your taxes. Understand that…

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