BitInfoCharts Reviews

Koinly Reviews

BitInfoCharts mentions (76)

• where bitcoin data?

  Https://bitinfocharts.com has pretty useful info. Source: about 1 year ago

• Honest question: name one use case for Lightning Network that isn't handled better by (unbroken) L1 + regular Satoshi-style payment channels

  Here is a thought. What if BCH developers can ditch the anonymity and make the routing 100% reliable? I would convert one third of my BTC to BCH the same day. How many developers do you have? Why this page shows only 69 Github stars? https://bitinfocharts.com/. Source: over 1 year ago

• Binance sees $12B withdrawn in 60 days

  However in the case of crypto, the biggest use case it has is as an alternative currency in incredibly poor economies. Using BTC for example, since it represents the largest portion of crypto users and has reliable data. Source: over 1 year ago

• Blockchain size is more important than hashrate

  Blockchain size is more important than hashrate. You can compare the current sizes here. https://bitinfocharts.com/. Source: over 1 year ago

• Ask a guy who has been in crypto since 2013 and lost 90%+ in 2014 and 2022 anything

  Bitinfocharts.com says that 2% of all BTC wallets have between 1-10 BTC in them. Source: over 1 year ago

Koinly mentions (306)

• Tax Question. If i buy $1000 worth of crypto and sell 50% on a double and then let the balance ride. Am i exempt from paying tax on that transaction?

  Every transaction you make with crypto is a taxable event. Even buying something with your bitcoin is a taxable event. So instead of looking at your balance, you have to look at each and every transaction and see how much you paid for the asset, how much you sold it for, and how long you held it. The ATO will also want a report on your crypto transactions, which you can get from koinly.io. That will also... Source: 6 months ago

• 48-nation bloc to crack down on using crypto assets to avoid tax

  Https://koinly.io/ is a popular recommendation here in Denmark. Denmark may have the worst possible taxation for crypto: every time you sell, use or convert your crypto, that's an event where you have to calculate your gains or losses. Gains are taxed like personal income (so up to 53% tax), but losses can only be deducted at 26% they do not offset the gains directly. A school teacher speculating in crypto ended... - Source: Hacker News / 7 months ago

• Questions about defi

  -is it possible to track swaps and trades I'm making in defi via koinly.io or another tax tracking provider? I want to take advantage of long term capital gains vs short term whenever possible. Source: 11 months ago

• I made around 90K profit from a meme coin (crypto)recently and I’m 18 years old and have no idea how to go about taxes. Please help me . Also what could I do with my profits ?

  Every trade where you go from 1 coin to another is a capital gains event. Take a look into https://koinly.io/ to calculate it for you. Source: about 1 year ago

• Staked ETH Rewards on Coinbase

  I just bit the bullet and pay koinly.io to do it for me. The one thing I like about it is you can tag staked transaction (eth to eth2) as swaps so they don't show up on your taxes. It's actually free until you want them to generate a tax form for you. Source: about 1 year ago