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Home/Cryptocurrency/Page 42

Tag: Cryptocurrency

Explore cryptocurrency topics including Bitcoin, Ethereum, blockchain technology, altcoins, trading strategies, wallets, security, DeFi, and market trends. Learn how digital currencies work and how to invest safely in the crypto ecosystem.

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Raju Kumar
Raju Kumar
Asked: 2 years ago

What factors influence the node reward?

Uptime: The proportion of time a Node is active and accessible. Port openness: The availability of ports for connectivity to the network. CPU contribution: The average CPU provided by the Node to the network. Tuning factor: Normalizes the reward to ensure comparability with ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

If I can access the Flipster website in my country, does that mean that I can open a trading account using the webpage?

No. Anyone can register for a Flipster trading account with the exception of minors, citizens, and residents of countries in the Flipster Country Restrictions list.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

How many users does Bybit have?

Bybit serves over 10 million users globally, providing access to a wide range of crypto products and services.

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Shiraverse
Shiraverse
Asked: 3 years agoIn: Cryptocurrency, Learn

Are cryptocurrency losses tax deductible?

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    Cryptocurrency
    Added an answer about 2 years ago
    This answer was edited.

    So like, if you took an L on your crypto bags... sorry, but the Indian tax dude ain’t gonna let you write that off 😬. They got this rule—Section 115BBH or whatever—that straight up says nope to using your losses to cancel out any gains. You can’t even carry that loss forward to future years. It’s baRead more

    So like, if you took an L on your crypto bags… sorry, but the Indian tax dude ain’t gonna let you write that off 😬.

    They got this rule—Section 115BBH or whatever—that straight up says nope to using your losses to cancel out any gains. You can’t even carry that loss forward to future years. It’s basically ‘you win, we tax you; you lose, that’s on you’. Wild, right?

    Also, there’s this 30% flat tax on any gains, no matter how small. And they’re taking 1% TDS on every trade too, even if you’re down bad. So yeah, it’s kinda brutal out here in crypto-land if you’re in India.

    Big gains? Pay up. Big loss? Cry in silence 💀.

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is P&L?

Unrealized P&L Unrealized P&L (Profit and Loss) represents the potential financial gain or loss a trader would realize if they were to close their position at the Best Bid or Best Ask Price, depending on the direction of the position. Realized P&L Realized ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What are the fees for trading on Bybit?

Bybit charges fees based on a tiered maker-taker model:Spot Trading: 0.10% for both makers and takers at the non-VIP level. Derivatives Trading: 0.01% for makers and 0.06% for takers at the non-VIP level. These fees decrease as you progress through ...Read more

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Raju Kumar
Raju Kumar
Asked: 2 years agoIn: Exchange

What is Bybit’s approach to innovation in cryptocurrency trading?

Bybit’s approach to innovation includes:Constant Product Development: Regularly introducing new products like options, NFTs, and DeFi offerings. User Feedback Integration: Listening to users and incorporating their feedback into platform improvements. Partnerships: Collaborating with leading companies and projects in the crypto space ...Read more

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Raju Kumar
Raju Kumar
Asked: 3 years ago

Can individuals outside the team contribute to UpRock’s ecosystem?

Absolutely! UpRock encourages active participation from the community. Whether it’s providing feedback, using UpRock’s services, or contributing to discussions, everyone can play a role in shaping the platform’s growth.

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Raju Kumar
Raju Kumar
Asked: 2 years ago

Can I exchange Pi for other cryptocurrencies or fiat money?

Currently, Pi cannot be exchanged for other cryptocurrencies or fiat money. During the Enclosed Network phase, Pi transactions are limited to within the Pi Network ecosystem.

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Raju Kumar
Raju Kumar
Asked: 2 years ago

How can Pioneers participate in DeFi on Pi Network?

Pioneers can participate by using DeFi DApps available on the Pi Browser. They can lend, borrow, trade, or stake their Pi tokens through these applications.

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