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Author Topic: Trading site put in TAX  (Read 68 times)
babyshaun
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November 27, 2017, 01:53:53 AM
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Are u agree all of trading site have a tax evry transaction....
If bitcoin with taxes whats the advantage and disadvantage.
I think the trading site is affected..

Stocks exchanger have a taxes.. but all of stocks holder didnt complain about this..

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There are several different types of Bitcoin clients. Hybrid server-assisted clients like Electrum get a lot of their network information from centralized servers, but they also check the server's results using blockchain header data. This is perhaps somewhat more secure than either server-assisted clients or header-only clients.
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Brama Jasa
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November 27, 2017, 02:47:56 AM
 #2

Are u agree all of trading site have a tax evry transaction....
If bitcoin with taxes whats the advantage and disadvantage.
I think the trading site is affected..

Stocks exchanger have a taxes.. but all of stocks holder didnt complain about this..

when you transact you already paid the transaction fee I think it's the same with taxes, profit transactions are already very much from the provider of trading sites


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squatz1
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November 27, 2017, 02:55:02 PM
 #3

Are u agree all of trading site have a tax evry transaction....
If bitcoin with taxes whats the advantage and disadvantage.
I think the trading site is affected..

Stocks exchanger have a taxes.. but all of stocks holder didnt complain about this..

when you transact you already paid the transaction fee I think it's the same with taxes, profit transactions are already very much from the provider of trading sites

TX fee is for miners, nothing close to what a government would be charging when they're taxing you.

Though something like this wouldn't really make sense if you were to think of it, if they're taxing you on your trades thats another fee on top of everything. As you should be paying Capital Gains taxes on the money that you make while trading Crypto. So are you saying that the government levied a tax on all trades (buy/sell) of Crypto or that the site did something like this?

Tad bit confused here, but on both sides this would be HORRID to think about happening.

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