I use Robinhood as my off ramp because they accept USDC on polygon, but I go from Hive to MATIC then to USDC all using DEXs first. No capital gains taxes. You can do the same with Coinbase.
I am quite confused by this process. I would love to have links to helpful posts that are simple enough for new users to understand. Step by step tutorials that I can share.
I have a couple of posts I am working on that I will be posting next week. Got side tracked this week so I haven't been able to post as much. These posts will explain, one, which blockchains I use and why, and the other is my current offramp methods. So patience, lol.
I trade HIVE against HBD on the internal Hive exchange. LEO is a second layer token on Hive and can be traded on one of the Hive Engine exchanges like Tribaldex and yes Leo has Leodex.io, but it’s not the same.
True
I use Coinbase only to sell cryptocurrency for fiat money, and to withdraw it to my bank account. Coinbase is expensive, but it properly works.
I use Robinhood as my off ramp because they accept USDC on polygon, but I go from Hive to MATIC then to USDC all using DEXs first. No capital gains taxes. You can do the same with Coinbase.
I am quite confused by this process. I would love to have links to helpful posts that are simple enough for new users to understand. Step by step tutorials that I can share.
I have a couple of posts I am working on that I will be posting next week. Got side tracked this week so I haven't been able to post as much. These posts will explain, one, which blockchains I use and why, and the other is my current offramp methods. So patience, lol.
Make sure I see them There are often people asking these questions in Ecency Discord who need step by step help.
Well send them to follow my page :) LOL
dex? ? ON LEO?
I trade HIVE against HBD on the internal Hive exchange. LEO is a second layer token on Hive and can be traded on one of the Hive Engine exchanges like Tribaldex and yes Leo has Leodex.io, but it’s not the same.