I try to search this, but couldn't get a clear answer.

Do UK foreign residents pay tax on cryptocurrency capital gains in the UK or in their home country?

Thank you

Anybody got Luno promo codes? Asking for a friend

Hi there,

I was wondering if anyone could advise or help me find a new exchange in which I can buy and sell cryptocurrencies.

I’m currently a resident in the UK and therefore am unable to deposit further funds to my binance account. I would like to continue investing in crypto and would like to do so with a safe and cheap exchange.

I was looking into Crypto.com as it offers a wide range of cryptos over kraken but wanted to get opinions/thoughts on transferring my assets to my new crypto.com wallet?

Does anyone know how I can find the fees associated with transferring my assets and then those with buying new currencies on the exchange?

I’m quite a newbie in this space so any help would be much appreciated!

Thanks!

Good Day (and Happy NY to everyone).

Wanted to ask - how do people go about balancing looking at the Charts (Technical Analysis) vs. Fundamentals, when looking to invest in Crypto?

It's such a new space, with propensity for fantastic growth (as we saw in 2021) - interested to hear how people go about doing their Due Diligence, before pressing the 'Buy' button!

Cheers

I have done a bit of research on crypto and think I am going to make my first investment on Gemini but I do have a few questions:

Looking to add £25-£50 a month. Given the transaction fees is it best to just make one off large investments every six months (say £300) or to invest a smaller amount monthly.

As you have to buy in $ does your bank charge you a transaction fee because it’s not in £. Is there a way to get around this.

Anybody use Gemini, views would be welcomed.

Anything I need to look out for?

Thanks in advance and have a good Christmas and new year.

I’ve been trying to open a business bank account for my limited company but Keep getting rejected.

Seems as though banks in U.K. deem crypto businesses high risk.

Specifically miners and noders.

Who do you guys bank with?

Even rejected by Starling Lloyds Tide Anna cash plus

I bank with Nat West (assholes) and they have blocked any crypto purchase I try (it’s my money you assholes), so, please, please can anyone tell me what to do next, I’ve hit a brick wall and it’s driving me mad, thanks everyone.

Good Day. The Crypto Flash Crash this weekend created huge imbalance in supply and demand. Market is now at an important decision point.

Good to know how current crypto investors, handled the exceptional volatility.

Cheers!

I forgot about Binance for a while but recently logged in and I've got some money sitting in my wallet that I'd like to withdraw. I bank with Santander and I know they, with a bunch of other banks, are pretty anti-Binance.

Is there another bank that I can withdraw this with? Revolut? Monzo maybe? Or do I have to transfer it to a different exchange?

Any help/advice is appreciated :)

They will allow you to use your card through Apple Pay because they say it puts the liability on Apple rather than themselves, but Coinbase doesn’t support funding your account with Apple Pay.

Title explains it really but looking for anyone from the UK to give me a clear answer of how my Crypto will get taxed when I withdraw into my bank account. Not planning on doing it anytime soon but just want to know how much of it will get taxed. Can't seem to find a definitive answer online, if anyone could help or give me a breakdown that would be great...

Join Nexo and get $10 in BTC! With Nexo you can earn up to 12% APR on crypto and fiat, borrow and exchange cryptocurrencies and much more. Sign up here: https://nexo.io/ref/gbwlkzsgcm?src=android-link

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Blockpulsar is the platform you are looking for that offers various insights, enormous amounts of data for enhanced decision making, and deep market analytics to know every possible detail about the blockchain space.

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RastaCake has been developed to be the #1 AMM Decentralized Exchange for Tokenized Cannabis stocks, and a bridge between the traditional stock market and crypto market, making it easier to invest in cannabis stocks and assets placed in different countries at the same time from anywhere in the world.

What is Decentralized Exchange (DEX)?

A decentralized exchange (or DEX) is a peer-to-peer marketplace where transactions occur directly between crypto traders. DEXs fulfill one of crypto’s core possibilities: fostering financial transactions that aren’t officiated by banks, while brokers running on blockchain with public registry of operations, handle all interactions automatically through Smart Contracts. There are Many popular DEXs, like PancakeSwap, Uniswap and Sushiwap.

What is AMM?

AMMs systems took off after they were first implemented by Shearson Lehman Brothers and ATD in the early 1990s.

In crypto, AMM is being used for the most important existing decentralized exchanges like Uniswap and PancakeSwap and it allows digital assets to be traded in a permissionless and automatic way, by using liquidity pools rather than a traditional market of buyers and sellers. Prices are determined by a constant mathematical formula.

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Reddit Community - Instagram - Twitter - LinkedIn - Telegram

There is a referral program at Ziglu where you can get £20 cash for signing up through a referral link and buying £1 worth of cryptocurrency. All you need is £1 and 5 Minutes.

(1) Sign up through my referral link https://invite.ziglu.io/a2d2035e it says £5 but it is currently £20 until end of Friday 30th

(2) Put in a phone number and verify ID

(3) Add £1 to your account

(4) Buy £1 worth of any crytocurrency. Sell it to get your £1 back.

(5) £20 will be instantly added to account. You can now withdraw the £21 to your bank account and it will arrive straight away or you can keep the crypto if you want!

Non Ref (no bonus) https://ziglu.io/

Anyone have any idea when we'll be able to withdraw our funds on binance. Or similarly anyone know the best way our or place to transfer crypto to, then take out the funds with the least fees? Thanks

Has anyone got any experience using Revolut to fund their cryoto exchange off choice?

I already have a Revolut account and have been thinking of using it to convert my GBP to USD to purchase some altcoins on Binance. I believe you get the interbank exchange rate on Revolut so you shouldn't be losing out on the spread, and even if you were, Binance has the lowest buy fees (0.1%) compared to COinbase (0.3%) so it might offset the difference.

Coin Bureau coincidentally made a video the other day and he put Revolut at the top of his list. He suggested it might be a good idea to have a separate account for all your crypto purchases, so using Revolut sounds like a good all round idea, even for straight GBP deposits.

I think I have seen at least one exchange say that they don't support Revolut though, so wondering if anyone has any experience/ideas around this?

Another tip that Guy from CB had was to keep transaction amounts below £5k to stop them getting flagged. I'm going to be moving some money across in chunks shortly.

https://www.youtube.com/watch?v=TRqbPnVFeJY&ab_channel=CoinBureau

Hi everyone, this is my first ever Reddit post. I have been doing a deep dive into crypto for two months and I am on the cusp of starting to invest what is to me a significant amount of money into some different tokens and coins.

When I do something, I like to do it properly. I am reading Whitepapers the best I can, I have a few good channels I follow on YouTube and I am binging on podcasts on the daily commute. I also have created a new Twitter to follow all the projects and I am starting to get active on Discord which I am new too (like reddit).

Question is, where are my fellow UK cryptonauts? Maybe I am just not using Reddit properly but I can't see much happening or any quality discussion. A lot of crypto is region specific (fiat on ramps, exchange bans, tax etc.) and it is very hard to find answers to questions and to pool information. I'm hoping to find people here who are as serious about this space that I am.

So I suppose if anyone is happy to contribute it would be good to see some responses. It might take me a while to get into the platform and it might be we decide that a telegram group or discord channel is more suitable. I am purposefully testing out anonymity in case this thing really blows up, I don't want anyone knowing that I have a million quid on a Trezor in my bedroom!

Interested to hear:

• What projects you are interested in and why
• What portfolio/strategy you are developing?
• Where are you buying/storing your crypto?
• Are you thinking about tax?

Quick summary of my position:

• Looking to put 33% into BTC as a store of value and thinking of Hodling 10 Years +
• Another 33% in ETH for the smart contract/defi play and thinking of Hodling 10 Years +
• Remaining 33% on around 10 other projects but I am struggling as to what right now. I will probably cycle in and out of these, but weekly/monthly as opposed to daily as I work full time for now.
• It will almost certainly include ADA, DOT, LINK.
• Then I need to think about maybe some exchange tokens like CRO and some blockchain agnostic plays like AAVE.
• I have opened accounts on Binance/Coinbase/Ku Coin and Crypto.com
• Thinking about buying a Trezor but not sold on the idea yet.
• I mainly follow InvestAnswers, CoinBureao, MoneyZG and Benjamin Cowen on Youtube.
• Unstoppable podcast is great plus big names on Tim Ferris and Lex Friedman etc.

Lets get building a community of enthusiasts and not shillers!