Thanks. any similar alternatives? I want to move everything from an old wallet to a fresh address. how can I easily batch this?
KyleCrypto
u/KyleCrypto
The traditional gaming industry is worth $160 billion USD, with 2.7 billion players globally!
In-game spending by players accounted for the biggest share of the video gaming market in 2020. Globally, gamers spent an approximate $54 billion USD on in-game content in addition to initial game purchases. The market value of in-game purchases is projected to surpass $74.4 billion USD by 2025.
Why is this important for the crypto and NFT world?
Profits are great for gaming companies and their teams, but how about the user? In-game purchases enhance the user experience and bring extra joy to the game: this is currently the main benefit to users. Additional benefits might include flex
I'm looking to buy a DAOSOGCARD from Spells of Genesis, hmu :)
Hi, is there still a public Slack Channel at all?
Hi guys, hope you're well.
I staked all my ICX, all of it.. so now as I'm trying to move it I cant ahah
Would someone be kind enough to send a fraction of ICX, just enough for a fee?
hx7dc311781e4953fbb06f0951a92596390de49a1d
Would be greatly appreciated!
Thankyou
The Staking rewards you receive is taxed as income, when you claim it and you take custody of it.
So claim 100 ADA from stake at $1. Then you have added $100 to your taxable income.
This then becomes your basis cost, or cost of acquisition.
If that ADA then goes to $2 3 months later and you dont sell, no tax change.
If you sell it for $2 3 months later ($100 basis+$100 profit), you pay short term CGT on 50% of the profit so $50 is added to your taxable income.
If you sell it for $2, 2 years later, long term CGT applies, you get a 50% discount on the CGT, so instead of 50% of the profit, you're taxed on 25% of the profit. So $100 basis+$100 profit, 50% discount on 50% CGT on profit.
