Here's one issue with Binance Feed.
You create account and attach KYC to it.
So if you earn on binance and get it in FIAT. It's easy for govt & compliance to tag you on the taxes & crypto income.
On hive you don't have to do that.
Here's one issue with Binance Feed.
You create account and attach KYC to it.
So if you earn on binance and get it in FIAT. It's easy for govt & compliance to tag you on the taxes & crypto income.
On hive you don't have to do that.
Oh, and I heard colombia had a weird way of taxing, if you move 50 in 30 out, they tax you like now you have 80... because you did a 50 and a 30 movement... I do not get it
Also now Binance for withdrawal in PC asks for some new security stuff, called keys idk, i just used the phone but we have no control on our assets in a Centralized Exchange, i am always on the DEX an decentralized networks and i feel safe
You should declare your earnings here as well but it's a personal obligation. And every country has different rules.
sounds like a cool idea