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RE: Crypterium 😻 - Just got my card!

in #cryptocurrency5 years ago

How are the margins if you change cryptos, one to another, or crypto to fiat/fiat to crypto? Any information about taxation, eventual report to the tax authorities from side of the company?

I got my Revolut card some weeks ago, it is also completely free of fees.

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Super great questions...

Swapping between crypto on the app is supposedly free of fees (but they say based on coinmarketcap rates). From Crypto to FIAT, I think that does not apply much to Crypterium yet, because they don't handle FIAT within the wallet. But there are fees for moving crypto in/out the wallet.

About taxation, is the usual. We have to do the homework and pay ourselves the taxes. About their side, I have no clue, but that shows even greater knowledge from your side. =) Will be sure to investigate if you know more stuff I need to know.

thanks for stopping by...