5 leading crypto tax platforms

taxes on crypto

When it comes to taxes on crypto, the Internal Revenue Service (IRS) classifies Bitcoin and other cryptocurrencies as property. Therefore, the general tax principles that apply to property transactions such as stocks and shares, also apply to taxes on crypto. And as a result, the IRS holds all crypto investors and traders responsible for reporting … Read more

5 best crypto lending platforms

Crypto loan platforms

First of all, crypto lending platforms provide two key services. Staking crypto to earn interest and depositing crypto for instant loans.  Crypto loans differ from that of regular financial institutions. With banks, you need to provide proof of regular income and borrow against your future revenue.  Crypto loans, on the other hand, are over collateralized. … Read more