Is Bybit legal in UK?
I'm based in the UK and I've been hearing a lot about Bybit recently. It seems like a popular crypto derivatives exchange, but I'm a bit concerned about its legality here. I've done some googling, but the information is quite scattered and conflicting. Can you provide a clear answer: is Bybit legal in the UK? If it is, could you also explain the legal framework or regulations that govern its operations here? And if it's not legal, what are the consequences of using it? I'd appreciate it if you could provide some insights into this matter. Thanks!
Can I pull cash out of Bitcoin ATM?
Excuse me, I'm new to this whole cryptocurrency world. I've heard about Bitcoin ATMs but I'm not sure how they work. Could you possibly tell me if I'm able to withdraw cash directly from a Bitcoin ATM? I'm assuming it involves converting my Bitcoin into fiat currency, but I'm not entirely sure. Also, are there any fees or limits I should be aware of? Thank you for your time and assistance.
Why won't Coinbase let me send crypto?
I'm having trouble sending cryptocurrencies on Coinbase. It keeps giving me an error message, but it doesn't explain why. I've checked my account balance, and I have enough funds to cover the transaction. What could be the issue? I've tried reaching out to Coinbase support, but they haven't been very helpful. Can you help me understand why I can't send my crypto?
How much was FTX coin worth?
Excuse me, I'm a bit confused about the value of FTX coin. Could you please tell me how much it was worth at its peak? Also, could you explain what factors determined its value and what led to its fluctuations? I'm interested in investing in cryptocurrencies, but I want to make sure I understand the market and the risks involved. Thank you for your time.
Does Coinbase automatically report to IRS?
Could you clarify whether Coinbase automatically reports transactions to the IRS? I'm considering using their services for cryptocurrency transactions, but I'm concerned about tax implications. Is there a way to ensure my transactions remain confidential while still complying with tax regulations? I've heard conflicting information about this, so I'd appreciate any clarity you can provide.