Hypothetically, If I buy bitcoin at 8000 on Coinbase and it goes up to 10,000. Then sell said bitcoin back to USD and profit 2000 (minus fees). Is this now taxable? Or is not taxable because its still on the Coinbase platform? Is this not taxable until I move the money to my bank account? Also if I profit that 2000 then reinvest all the earnings back again into Bitcoin and it drops to 6000 and now Im at a loss am I still responsible for that original earnings to be taxed?
Identification needed for depositing and withdrawing to an exchange through BTC only (no fiat)
I have had a great experience buying and selling bitcoin on Coinbase with no issues whatsoever. I am holding bitcoin for the long-term, but I would also like to dabble a bit in some day trading, which isn't advisable on Coinbase since it uses ACH transfers for all transactions instead of holding a nominal amount in USD. I have been looking at BTC-E, BitStamp, and CampBX, but I'm not sure which one is best for my needs. I will be depositing into the exchange with BTC from Coinbase, so I won't be needing to send them any USD. I will also be withdrawing in BTC to Coinbase. Since I'm not planning on depositing or withdrawing any fiat currency, I don't want to have to do any account verification or to give any identification besides an email (no bank account, name, etc.) I have read the ToS and FAQ on the sites, but it still isn't clear if I need verification to withdraw with just BTC. I don't need fancy trading options and lower fees would obviously be better. Any thoughts before I register with one?
Any reason I shouldn't buy Bitcoin on Bittrex and then sell it on Coinbase?
From what I've seen, there's a pretty consistent $500 gap between what bitcoin sells for on bittrex and what it sells for on Coinbase. If that's the case, is there any reason I shouldn't just buy all my coins on bittrex and then sell them on Coinbase?
What is the best bit coin wallet app? I don't need to buy it I redeem it from a site. Is giving them my bitcoin email safe? Yes right? And if I plan on selling it can I do it through the app coinomi or should I use coinbase or something else? And is it a good idea to get a hardware wallet? Thanks.
Coinbase: BTC Buys/Sells/Withdrawals will be Temporarily Disabled on July 31. Due to a potential fork of the bitcoin blockchain, all BTC buys/sells and withdrawals will be temporarily disabled beginning on July 31.
[uncensored-r/Bitcoin] Keep buying and selling on coinbase
The following post by chuchab is being replicated because some comments within the post(but not the post itself) have been silently removed. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7ncbvf The original post's content was as follows:
Is it possible to keep buying and selling with profit on coinbase or your account will be banned ? For example i will buy 10k and make profit then cash out and buy when price goes down ... Thank you in advance and happy new year
Question. Say you have a stop sell order set up in case BTC drops, and say volume goes crazy and the exchange youre on crashes or freezes up, stopping some people from selling or buying. (we have seen this happen on coinbase/gdax.). Would your stop sell order still trigger??? /r/Bitcoin
Hi guys, I was wondering why is it that when I buy crypto on Coinbase im always buying it at a higher price than whats on the market. And whenever im selling it, it sells on a lower price than whats on the market. Am I missing something here or is Coinbase just scamming me? /r/Bitcoin
One of the Easiest Sites to buy Bitcoin. Coinbase is an online platform for buying, selling, transferring and storing digital currency. Having been started back in 2011, it is one of the oldest and most recognizable trading exchanges present today. In this article I am going to run you through the process of setting up your account and getting it running on the site. Coinbase offers customers ... Home Altcoin Buying, Selling, and Trading Cryptocurrencies on Coinbase Buying, Selling, and Trading Cryptocurrencies on Coinbase. August 16, 2020 John Altcoin 0. In my previous article I showed a four-step process for opening a cryptocurrency account on Coinbase, one of the largest and most successful crypto exchanges. This exchange makes it relatively easy to transfer U.S. dollars and other ... The post Best Coinbase Alternatives For Buying & Selling Bitcoin appeared first on CoinSutra - Bitcoin Community. When it comes to buying Bitcoin, there are plenty of options out there. But when it comes to buying Bitcoin in your home country’s fiat currency, the optio... When it comes to buying Bitcoin, there are plenty of options out there.. But when it comes to buying Bitcoin in your home country’s fiat currency, the options become fewer and fewer. When most people think of buying Bitcoin using fiat currency, they think about Coinbase.. For those of you who don’t know Coinbase, here is a quick intro: In fact, these are some of the exchanges that I use for buying and selling my bitcoin safely. So, if you want Coinbase alternatives for buying and selling bitcoin, then you’ll love this new tutorial. Let’s dive right in… #1. CEX.IO. CEX.io is one of the oldest bitcoin exchanges that supplies both a trading platform and brokerage services ...
How to Sell Bitcoin with Coinbase & Coinbase Pro Exchange ...
COINBASE TUTORIAL - [Buy and Sell BITCOIN EASILY!] - Duration: 10:33. Crypto Fish 41,865 views. 10:33. How To Trade Bitcoins for Profit - On Your Phone - Duration: 5:44. Fliptroniks 18,194 views ... Coinbase Wallet Review - How to Buy & Sell Bitcoin using Coinbase (Tutorial) - Duration: 14:40. I Am Job Free 9,251 views. 14:40. How to turn BITCOIN into CASH! THE EASY WAY! - Duration: 2:46 ... How to set up Coinbase account, Start buying and selling Bitcoin SEt Up Coin Base Account . https://goo.gl/Me1xNt. Withdrawing Bitcoin with Coinbase and reduce fees by selling Bitcoin with Coinbase Pro for 2020. In this tutorial, I show you how to sell Bitcoin & Withdraw ... Coinbase Referral Link: http://bit.ly/2t0EnXu (Purchase $100 or more in Bitcoins, get $10 free bitcoin, I get $10 also) If you do any more than the amount of...