Cryptocurrency Q&A

Dario Fri Mar 29 2024 | 5 answers 1602

I'm interested in the operation of Bybit in the United States. As a professional practitioner in the field of cryptocurrency and finance, I'm aware of the complexity and regulations surrounding the crypto industry in different regions. Could you please provide a detailed description of Bybit's operational status in the US? I'd like to know if it's fully operational, faces any restrictions, or if there are any legal issues or regulatory challenges that it needs to address. Additionally, could you also highlight any specific features or services that Bybit offers specifically for US users? Thank you for your time and assistance.

Silvia Fri Mar 29 2024 | 5 answers 1471

I'm new to the world of cryptocurrencies and I've just set up an account on Coinbase. I understand that there's a certain period of time before I can withdraw any funds, but I'm a bit confused about the exact duration. Could you please clarify for me how long it takes for the funds to become available for withdrawal on Coinbase? Also, are there any specific factors that could affect this time frame, such as the type of cryptocurrency or the amount I'm withdrawing? Thank you for your help.

Claudio Fri Mar 29 2024 | 7 answers 1280

I'm a bit confused about the tax regulations in the United States regarding cryptocurrency trading. As a crypto trader, am I required to pay taxes on my profits? If so, how does the process work? Are there any specific rules or guidelines I should be aware of? Could you please provide a brief explanation or point me to some resources where I can find more information? Thank you for your time and assistance.

CryptoLordess Fri Mar 29 2024 | 6 answers 1110

Could you enlighten me on the identity of the largest investors in FTX? I'm particularly interested in understanding who had significant stakes in this once-promising crypto exchange. Were they institutional investors, high-net-worth individuals, or perhaps a combination of both? And how did their decisions to invest impact the overall trajectory of FTX? Thank you for your time and insights.

CryptoWarrior Fri Mar 29 2024 | 6 answers 1549

I've heard a lot of talk about Binance, but I'm not sure if it's really trustworthy. I've seen some people praising it as a reliable crypto exchange, while others are warning about potential risks. So, is Binance dodgy? Can you give me some insight into this?