Koinly Reviews

Flattr Reviews

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

Flattr mentions (10)

• EU NGI TALER will bring private and secure online payments to the Eurozone

  Flattr was a kind of a version of that (although billed as "donations"), and it recently shut down. https://flattr.com/. - Source: Hacker News / 4 months ago

• Paying Netflix $0.53/H, etc.

  There was https://flattr.com/ and, more recently, https://twitter.com/coil But, yes, a complete chicken-and-egg problem. - Source: Hacker News / 5 months ago

• Ask HN: Startup ideas that you'll never do?

  I think Flattr does exactly this https://flattr.com/ but it looks like they may have changed their business model recently. - Source: Hacker News / 10 months ago

• Show HN: StackAid – fund 100s of open source dependencies with one subscription

  This kind of looks like https://flattr.com/ but specifically for dev/dependencies. Not sure I like that there's "only" a two-month limit in which funds can be claimed, though. Some developers could be very busy or get caught up with other stuff and not hear about their accumulated funds before the "expire". Some might also think it's a phishing scam if they haven't heard of StackAid before. - Source: Hacker News / over 1 year ago

• Patreon cuts deep inside creators’ pockets

  I think this is one of the problems flattr tries to solve. Instead of multiple micro transactions you make one larger transaction each month to flattr, who then divides it up to all the creators you want to support. I don't know how Patreon does it, if they make one charge for each creator you support I guess the transactions fees can become a large part of the total amount. https://flattr.com/. - Source: Hacker News / almost 2 years ago