Certified cryptocurrency expert
In a brief call with the Belastingdienst, we primarily discussed Coinbase Earn rewards. We were told that although crypto taxes is still a grey area, it is unlikely that these transactions should be seen as income. casino documentary However, you should still consider the crypto you receive for the wealth tax.
In the following example, you purchase 1 BTC at a price of $5,000 on June 1, 2023. On August 1, 2023, you purchased an additional 1 BTC at a price of $7,000. Later, you sell 1 BTC for a price of $10,000. Using Specific Identification, the taxpayer can choose to dispose of the 1 BTC with the highest cost basis first as an approach called HIFO (highest, in first out) – to minimize capital gains.
So, instead of tracking the proceeds of the $10,000 sale for 1 BTC against the unit purchased at $5,000 on June 1, 2023, the net capital gains are matched against the unit purchased at $7,000 on August 1, 2023. In this case, Specific Identification and HIFO enable taxpayers to minimize their net capital gains liability by $2,000.
Afterward, you are asked what kind of gift you received, and the value of the gift received. You can select “Aandelen en andere effecten”. Then fill in the date and value of your gift. If your gift is non-revocable, you can select “nee” on the following question. Finally, you are asked whether you have received another gift from the same individual this year.
Cryptocurrency for beginners
Bitcoin, Ethereum, Litecoin, Cardano…there are now thousands of different cryptocurrencies out there, and more and more people seem to be talking about them as part of the future. But what on earth are they, and are they safe to use and invest in? This article will help give you a head-start in understanding all things crypto.
Cryptocurrency is digital money that doesn’t require a bank or financial institution to verify transactions and can be used for purchases or as an investment. Transactions are then verified and recorded on a blockchain, an unchangeable ledger that tracks and records assets and trades.
What blockchain brought to the table was the maths to make that cryptocurrency unalterable. This was then combined with cryptography, which makes it impossibly hard to tamper with or access someone else’s stuff on the blockchain, but very easy to see that stuff exists and has an owner.
Bitcoin, Ethereum, Litecoin, Cardano…there are now thousands of different cryptocurrencies out there, and more and more people seem to be talking about them as part of the future. But what on earth are they, and are they safe to use and invest in? This article will help give you a head-start in understanding all things crypto.
Cryptocurrency is digital money that doesn’t require a bank or financial institution to verify transactions and can be used for purchases or as an investment. Transactions are then verified and recorded on a blockchain, an unchangeable ledger that tracks and records assets and trades.
Cryptocurrency exchange
Nederlandse aanbieders van cryptocurrencies, inclusief brokers en exchanges, zijn op basis van wet- en regelgeving verplicht om de identiteit van klanten te verifiëren voordat zij diensten mogen aanbieden. Over het algemeen duurt het verificatieproces enkele minuten. Deze verificatie maakt deel uit van de inspanningen van een broker of exchange om de veiligheid van klanten en klantentegoeden zo goed mogelijk te waarborgen.
Als een tegenpool voor de decentrale cryptobeurzen zijn er gereguleerde gecentraliseerde beurzen in de Verenigde Staten. De institutionele spelers hebben hier toegang tot gereguleerde bitcoin futures. Deze worden aangeboden door vooral de CME, ErisX en Talos. De derivaten handel in crypto activa is tegenwoordig ook institutioneel geworden.
Het automatisch beheren van de posities op deze verschillende exchanges, kun je doen met behulp van een handelsbotplatform zoals Diamond Pigs en CryptoHopper hebben ontwikkeld. Wil je actief gaan bezig houden met de cryptohandel, dan biedt het crypto analytics platform van altFINS ook veel meerwaarde met o.a. een DEX-aggregator.
We hebben het hierboven al kort besproken, maar je moet echt goed kijken naar de gewenste manier van traden. Dit heeft niet alleen betrekking op de cryptovaluta’s waarin je wilt beleggen, maar ook op de manier van traden.