Recent proposed legislation could make it easier for the IRS to find cases of tax evasion when it comes to crypto, though investors should already keep records of any capital gains or losses on their crypto assets. But the new rules may also make it easier for investors to properly report crypto transactions.
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Registering an account on Binance.US is a relatively straightforward affair and includes providing a user’s email address and password and interacting with a verification email.
At time of press, this was SafeMoon’s latest update; there was no confirmation that the issues were persisting or had been taken care of.
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Rising inflationary pressures are dragging stocks and bonds, which may prompt the Fed to hike interest rates earlier than expected, an expert said.
NextAdvisor Investing Cryptocurrency Bitcoin Hit Another New All-Time High Wednesday. Why Crypto Investors Should Ignore the Ups and Downs Advertiser Disclosure Bitcoin Hit Another New All-Time High Wednesday. Why Crypto Investors Should Ignore the Ups and Downs Bitcoin set a new all-time high recently. For crypto investors, experts say it’s just more volatility to tune out.
What makes the fee structure so complicated is Binance’s focus on different fees for different levels of users. While, theoretically, this is similar in both the main platform and Binance.US, the American platform has fewer of these levels. For some, this may seem simple and clear; but it could also mean that using Binance.US is more costly than its main counterpart.
Despite those benefits, Binance.US is much less transparent than many competitor exchanges when it comes to security, storage options, and customer assistance. For most long-term, retirement-minded investors, we’d recommend sticking with exchanges such as Coinbase or Gemini, which are much more transparent about these key operations.
Binance begins to restrict US users ahead of regulatory-compliant exchange launch
Coinye, a semi-defunct cryptocurrency, is worth mentioning solely for its bizarre backstory.
Bitcoin (BTC) crashed to just $8,100 on Oct. 21 — but only if you were trading on Binance’s dedicated United States exchange, Binance.US.
"With more participants in Bitcoin, there is perhaps less volatility, which is in turn attracting more institutional investors and further promoting the stability of the popular cryptocurrency.”
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The Best Crypto Courses of November 2021, for Investors Who Like a Guided Approach
New to crypto? Our Binance.US app’s design keeps it simple and enables access advanced trading features, all in one place.