4Mon.
Nice update. I hold my ETH in wrapped staked coin format (wbeth & wsteth) , for tax reasons. I work with different providers and spread the risk between central and decentralized providers. I use a similar setup for other coins.
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@Waldo Sounds Good. I hold my eth and BRC over a year, so thats Taxfree in Germany.
Different with my Pepecoin. Hold a lot of time but must swap them into ETH before.
I really want to get more involved with staking. I'm not even into it yet.
Lots of meme coins, gaming coins or bots that have just come out. Generally very worthwhile. Staking is the next thing I really need to tackle.
Different with my Pepecoin. Hold a lot of time but must swap them into ETH before.
I really want to get more involved with staking. I'm not even into it yet.
Lots of meme coins, gaming coins or bots that have just come out. Generally very worthwhile. Staking is the next thing I really need to tackle.
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4Mon.
@MitVerstandzumKapital yeah, I also live in germany. Staking (and other rewards like lending) is tax free only until 256€ per year. If you have a significant amount of crypto, you reach that easily. Defi offers some interesting options there to wrap staked coins, but it's an absolute jungle... Cefi is easier to grasp, like Binance offers wbeth, increasing in value with about 5% yearly compared to eth, would also be tax free after 1 year hold period.
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