Daily Crypto Discussion – April 16, 2024 (GMT+0)

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, […]

UK crypto Withdraw

Hi. Can anyone recommend a good platform to sell and withdraw crypto to bank in the UK? I was forced to use Binance P2P after they stopped allowing card withdraws, and P2P has landed me in some trouble with my bank. Coinbase are currently processing my KYC documents, crypto dot com the same. But there […]

Revolut for Bitcoin? Newbie to crypto

Hey all, Starting out with crypto and bought some bitcoin and some other coins that I was recommended on my banking app as an alternative to a savings account (not sure if this is the the safest move) but is this the best place to keep it or should I move it somewhere else? Any […]

Honeypot scam alert: DUO network

I came across a telegram group called Crypto Lion a week ago, the guy seemed to make calls on coins that most people are talking about nowadays so i joined to see whats up. On saturday, the guy posts about a new coin offering called Duo and I was in the middle of moving so […]

Running a Node? Profitable? Worth it?

Hey everyone, I’ve got a question for anyone who’s either looked into, or specifically those who DO run nodes/masternode/validator/whatever the proper wording is, A) Are there any nodes out there I can run atm that are actually profitable? B) What nodes are there out there that I can run on a home-server, period? (Actual server, […]

Crypto taxes (in the US) are a big, fear-inducing barrier to broader adoption

Been doing my own taxes since we still did ’em with paper and pencil. Used TurboTax for a decade+ now. This year my crypto taxes were worse than last. I was careful to limit my transactions all year. After cleaning up transactions directly on Coinbase (because the “integration” still fails miserably – just straight up […]

Are Bybit fees effectively 6% when converting to USDT?

I’m based in Brazil and want to buy 1 ETH on Bybit. Here’s the process of buying 1 ETH as I understand it: The market exchange rate at the moment is 1 ETH = BRL 15,262.48*. I make a deposit in BRL. I transfer using PIX, which says “0% fees.” I choose to convert this […]