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How to transfer usdt from Ethereum mainnet to binance?

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Transfer USDT from Ethereum mainnet to other networks needs using the cross-chain bridge. This method enables transferring assets between various blockchains. Cross-chain bridges are an essential part of NFTs and cryptocurrency swapping.

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How to transfer usdt from Ethereum mainnet to binance smart chain

To transfer usdt from the Ethereum mainnet to the binance smart chain (Bep20 wallet address), you will need to bridge assets. Follow these steps and set up your cross-chain bridge:

1- Log in to your wallet and choose the Ethereum mainnet as your network, then on the browser section search cbridge.net.

In this section, we have chosen cbridge as the bridge network, but there are other bridges as well, which we will talk about in other sections of this article.

how to transfer usdt from Ethereum mainnet to binance smart chain

2- Click the connect wallet button on the website.

3- After connecting your wallet, choose Ethereum mainnet on the send section and choose binance smart chain on the receive section.

how to transfer usdt from Ethereum mainnet to binance smart chain

4- Enter the USDT amount

how to transfer usdt from Ethereum mainnet to binance smart chain

5- Go to your binance profile and copy the USDT address and paste it on the wallet address section

6- Click on transfer

7- Click confirm

Ethereum smart contract gas

Transfer from Ethereum mainnet to binance smart chain Metamask

There are many bridge websites to choose from on the internet, but here, we have chosen anyswap and gathered a step-by-step guide for you to learn how to use it.

1- Open your Metamask app and on the browser section type any swap/bridges

2- Go to binance and copy the wallet’s address

3- Connect your Metamask wallet to anyswap. Keep in mind that you need to choose the Ethereum mainnet for this transaction

Transfer from Ethereum mainnet to binance smart chain metamask

4- Select your desired token

Transfer from Ethereum mainnet to binance smart chain metamask

5- In the first box select the Ethereum mainnet and in the second box choose the Binance smart chain

6- Enter the amount of token

7- Paste your binance address

8- Click on the swap

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How to send ETH from binance smart chain network to Ethereum mainnet in Metamask

This part is about bridge connection using the chainswap bridge. Chainswap is the third bridge on our tutorial.

1- Go to https://exchange.chainswap.com/ and connect your wallet

2- The “from” network section must binance smart chain.

How to send ETH from binance smart chain network to Ethereum mainnet in metamask

3- Select asset and enter the amount

4- Select destination: Ethereum network.

5- Choose your desired token.

How to send ETH from binance smart chain network to Ethereum mainnet in metamask

6- Click swap

7- Confirm

8- Once transaction confirmed, click withdraw on ETH network

9- Click on withdraw

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Conclusion

Learning how to transfer usdt from Ethereum mainnet to other networks is the solution for traders who want to spend, swap, or invest their assets on other blockchains.

Connect your wallet to a trusted cross-chain bridge website and transfer your tokens from the Ethereum network to other networks. Keep in mind that some of these bridges may cost more fees than others.

How to transfer usdt from metamask to Binance And conversely?

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Transfer USDT from Metamask to Binance by learning these simple steps. Metamask is a wallet that can be used in the form of an extension in the Chrome browser and a user-friendly application on a mobile phone, with which you can easily transfer your cryptocurrencies and benefit from other features.
If you don’t know how to transfer USDT from Metamask to Binance and conversely, reading this page can help you.

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How to send USDT from Metamask to the binance account?

1. Open binance, then go to [Wallet] > [Fiat and Spot].

how to send usdt from metamask to binance account

2. Click on [Deposit].

3. Select USDT as the coin to be deposited.

how to send usdt from metamask to binance account

4. Select “Ethereum (ERC20)” as the network.

how to send usdt from metamask to binance account

5. Click the Copy icon to copy your Binance ERC20 USDT address.

how to send usdt from metamask to binance account

6. Launch Metamask and switch to the Ethereum Mainnet.

6. Launch Metamask and switch to the Ethereum Mainnet

7. Click on your USDT balance, then select [Send].

USDT balance

8. Paste your Binance USDT address and enter an amount.

Binance USDT address

9. Click on [Next].

10. Review the transaction details, then hit [Confirm].

In this section, we taught you how to transfer USDT from Metamask to Binance on the Ethereum network. Next, we will learn how to do the same thing on polygon networks.

transfer usdt from metamask to Binance on the Ethereum network

LTC to USDT convert | Binance and KuCoin

How to transfer USDT from the Metamask polygon to Binance?

In this part, we are going to talk about how to transfer USDT from Metamask to Binance on polygon network.
Open Binance, then click on [Wallet] > [Fiat and Spot].

1. Click on [Deposit].

how to transfer usdt from metamask polygon to Binance

2. Select Matic as the coin to be deposited.

how to transfer usdt from metamask polygon to Binance

3. Select “Matic (polygon)” as the network to be used.

how to transfer usdt from metamask polygon to Binance

4. Click on the Copy icon.

5. Launch Metamask and switch to the polygon Mainnet.

5. Launch Metamask and switch to the polygon Mainnet

6. Click on swap and swap your usdt to matic.

5. Launch Metamask and switch to the polygon Mainnet

7. Click on Matic and then send.

5. Launch Metamask and switch to the polygon Mainnet

8. Paste your Binance Matic address and enter an amount.

9. Click on [Next].

10. Review the transaction details, then hit [Confirm]

11. After that, you can swap your Matic for USDT in binance.

So now you know how to send your USDT coins from Metamask to binance using the polygon network, now follow the next tutorial to learn how to send your coins from binance to metamask.

How to transfer USDT from binance to Metamask wallet?

1. Go to your Metamask wallet and choose the BSC mainnet.

how to transfer usdt from binance to metamask wallet

2. Click on USDT

how to transfer usdt from binance to metamask wallet

3. Receive

how to transfer usdt from binance to metamask wallet

4. Copy the address

how to transfer usdt from binance to metamask wallet

5. On binance go to your wallet and click on withdraw. Select USDT.

how to transfer usdt from binance to metamask wallet

and

how to transfer usdt from binance to metamask wallet

6. Copy the address from step 4.

7. Choose BEP20 in the network section.

8. Click on withdraw.

how to transfer usdt from binance to metamask wallet

9. Confirm the transaction

With these step-by-step instructions, you are able to send USDT from Binance to Metamask and conversely on different networks such as polygon and Ethereum.

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Conclusion

In this tutorial, we showed you how to transfer USDT from Metamask to Binance and conversely. By following these simple steps, you can send your USDT tokens to binance without any problem, and you can know How to add busd to Metamask from the link.

Just make sure to choose the right network for your transaction. There are three networks on the Binance exchange for you to transfer your USDT directly. But you can use other networks such as polygon too to swap your coins and then send them.

Metamask cancel transaction (queued, failed and pending transaction)

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Metamask cancel transaction and replacing transactions are two of the most requested tutorials in today’s online community. Normally, transactions are confirmed in a short period.

But sometimes, due to various reasons such as the high volume of network transactions or selecting inappropriate fees, the verification of transactions takes more time. Remember that as long as the transaction is in the “pending” state, it is possible to replace or stop it.

On “Metamask cancel transaction”, we will discuss how to cancel a pending or failed transaction or replace it with a new one. In the blockchain, once a transaction is confirmed and finalized, it can never be canceled, replaced, or reversed. One of the unique features of blockchain is the irreversibility of transactions after registration.

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How to cancel the Metamask transaction?

The easiest way to cancel the transaction is to select ‘’Cancel’’ instead of Speed Up in the transaction window above. But this method only works on pending and failed transactions. The other way to cancel a transaction is to use the custom nonce, which we will describe below.

 how to cancel metamask transaction?
How to cancel the Metamask transaction?

How do I cancel a pending transaction on Metamask?

1. Open your Metamask page. Add the Metamask extension from the Metamask extension.

2. Click on your profile picture and then click on settings.

click on your profile picture and then click on settings
Click on your profile picture and then click on settings

3. Select advanced.

how do I cancel a pending transaction on metamask?

4. Toggle the advanced gas controls on.

5. Scroll down and toggle customize transaction nonce on.

toggle customize transaction nonce

6. Go to the Metamask top page and click on assets. Find the token type of your transaction.

7. Find your pending transaction in the Queue area. Click on your transaction for more details.

find your Pending transaction in the Queue area. Click on your transaction for more details.

8. Take note of the nonce entry.

9. Create a new transaction to replace the last one and increase the transaction fee.

10. Change the nonce to the number you wrote down in step 8.

change the nonce to the number you wrote down in step 8

11. Click confirm now you have canceled a pending transaction and replaced it with a new one.

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Can’t cancel transaction Metamask

If you have already gone through canceling your Metamask transaction and changing the custom nonce and the Metamask cancel transaction doesn’t work, you can just reset your Metamask. To reset the Metamask Follow these steps:

1. Open the Metamask settings.

open the metamask settings

2. On the advanced section, click on reset account.

2. On the advanced section click on reset account

3. Click on reset.

can't cancel transaction metamask

This method will delete your transaction history and won’t change your balances.

In this step-by-step guide, We talked about how to reset your account in order to cancel your transaction and how to replace your transaction with a new one so that Metamask stops showing you the “pending” sign.

Cannot estimate gas Metamask | how to fix it?

Conclusion

Learning how to Metamask cancel transactions is one of the essential things you must learn. Also learning How to add busd to Metamask. If for any reason, including insufficient fees, your transaction remains suspended for too long, you should be able to cancel it or replace it with a new transaction. The purpose of this substitution is to choose the appropriate fee so that it can be given a higher priority than other transactions.

What is nft in social media?

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What is NFT in social media, and how can you profit from NFTs? Trading and minting NFTs is a new concept in the crypto world. Here we will talk about what NFT is in social media and what NFT stands for in social media.

What is NFT in social media?

Before the technical explanation of the ‘What is NFT in social media’ question, we want to examine the simplified form of NFTs concepts. Suppose you have created a work using Photoshop photomontage and want to sell it. Anyone can have a copy of your work on their computer, and by downloading that work, no ownership rights will be paid to you.

What is NFT mean in social media?

In another example, suppose you have painted an oil painting and want to sell it. You can convert photographs and paintings in the first and second example into an NFT, and with this conversion, even with the destruction of the physical product – here the painting – the work itself is not lost in the form of an NFT.

The original owner of the NFT. Retains its ownership in simple words: if the painting is converted into a photo and that photo is sold in the form of an NFT, this photo will have a unique ID that even its copies will not equal to the original work. In this way, even a photo in JPEG format can be converted into an NFT and sold. To learn more about how to sell your NFT, go to opensea.io.

NFTs are digital assets that can be collected like works of art. This digital asset maintains its value as a form of cryptocurrency. Just as a hand-woven carpet or a painting retains its value over time and is considered an investment, the same applies to NFTs.

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What does NFT stand for in social media?

What does NFT stand for in social media?

The word NFT itself means “non-fungible token”, and in fact, it is a digital token and a type of cryptocurrencies like Bitcoin and Ethereum. But unlike a standard coin on the Bitcoin blockchain, an NFT is unique and cannot be exchanged.

Conclusion

We answered the ‘What is NFT in social media’ question here. NFT stands for a non-fungible token and is considered a new way of producing and showing art. This new technology has gained lots of support from big companies and has launched many airdrops.

Minting and listing NFTs is a great way to profit from the cryptocurrency world, but do your research about NFT minting platforms.

Why use stablecoin instead of usd?

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Use stablecoin instead of USD and enjoy its advantages. Stablecoins have the role of stable and safe currencies in the cryptocurrency market. In times of severe market fluctuations, you can save profits and avoid losses by converting other currencies to them.

Why use stablecoin instead of USD?

The first benefit of stablecoins is that they are maintained by blockchain technology and able to make international transactions in a shorter period of time and at a lower cost than fiat currencies. The fast settlement times make stablecoins an excellent, cross-border medium of exchange.

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The second reason to use stablecoin instead of USD is the low volatility. Due to the nature of stablecoins pegged to a fiat currency, they usually experience trading periods with little volatility, making them a more reliable currency with the benefits of blockchain technology.

Stablecoins become increasingly popular for traders to hedge against other coins as markets experience a decline in price. Stablecoins allow traders to quickly liquidate their assets and easily reenter the market when the price stabilizes. Go to lukka.tech to learn more about volatility factors.

Percentage of population investing in cryptocurrency 

Conclusion
Stablecoin and USD
Stablecoin and USD

Despite several disadvantages, stablecoins are considered a vital element in cryptocurrency markets. Due to price stability and, in the worst case, very low volatility, stablecoins are used not only as intermediaries for exchanges but also as a safe choice for traders and investors. The information presented in this article shows why you should use stablecoins instead of USD.

Metamask gas fee limit calculator

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The Metamask to Binance gas fee differs depending on the network you are choosing and how crowded the network is. Gas refers to the transaction fee on the Ethereum blockchain.

It is what traders pay to get their transactions validated and done. However, transferring coins from the Ronin wallet to Binance is free, and you can use the Ronin bridge to send your NFTs and cryptocurrencies to Binance.

This time, we will talk about the Metamask to Binance gas fee on ERC20 and Binance smart chain protocol and introduce some of the best gas fee calculators on the internet.

How to avoid gas fees on Metamask? How to reduce it?

Metamask gas fee calculator (Binance)

The Metamask to Binance gas fee calculator calculates fees in ETHEREUM for popular contract tokens on the Ethereum blockchain. The gas fee is calculated using Gas limit * Gas price per unit. Now, let’s look at the best sites for calculating gas fees.

1. ETH gas station

This website has live updates on slow, average, and fast gas rates. The lowest fee required to complete a transaction is also available on this page.

ETH gas station
ETH gas station

2. blocknative.com

this calculator lists gas fees that range from less likely to more likely. It also shows a graph of recent gas prices, which includes the current base and the priority fees across the blockchain.

blocknative.com
blocknative.com

3. Automatedwebtools.com

AWT uses Coin Gecko, a crypto coin starts provider, to determine the price of one gwei at any given moment. Then, using this, it can provide you with a USD conversion of any given gas price in gwei.

automatedwebtools.com
automatedwebtools.com

Metamask to Binance gas fee BNB

Gas fees on BNB Smart Chain are the BNB gas fees. Zero BNB in your account means transactions on Binance Smart Chain (BSC) won’t execute.

The gas fees usually cost around 0.0007 to 0.0010 BNB, depending on the congested hours and your transaction. You can see the BNB gas fee price at coinmarketcap.com.

Cannot estimate gas; transaction may fail or may require manual gas limit

Metamask to Binance gas fee erc20

The gas fees on Metamask depend on Ethereum’s normal or congested traffic during the transaction. A standard transaction on the platform charges 21,000 Gwei. The 21,000 Gwei constitutes close to 0.00231 in ETH as gas fees.

The Metamask to binance gas fee on the erc20 protocol is dynamic and a product of demand: the more people trying to get their transactions processed by the network, the higher it will be.

Here, we learned about the Metamask to Binance gas fee on two famous networks: BNB and erc20. Now, let’s see how we can avoid paying gas fees on Metamask.

Ethereum smart contract gas cost calculator and fee chart

Metamask to Binance no gas fee

Sending coins from Metamask to binance can’t be done without paying the gas fee. But there is a way to lower the gas fee for your transaction. Follow the steps below to learn how to lower the Metamask to Binance gas fee(bnb gas fees):

1. Log into Metamask and send your desired coin to your Binance account. Click on edit.

log in to metamask
log in to Metamask

2. You can see that Metamask automatically suggests the gas fee. Go to the Customize Gas section and click on the advanced tab.

metamask automatically suggests
Metamask automatically suggests

3. Change the gas limit and put in 21000. The gas limit can’t be less than 21000 Gwei.

Now, you can see that the gas price is much less than the suggested gas price; however, this method requires more time to complete the transaction.

Manually changing the gas limit on Metamask is one of the ways to prevent high gas fees, which we tried to describe for you in the section above.

Cannot estimate gas Metamask | how to fix it?

BNB gas fees

Gas fees are calculated using the gas limit × gas price per unit equation. The gas fees on the Binance smart chain (BNB) are cheaper than ERC20, And they usually cost less than 0.001 BNB.

Metamask to Binance gas fees (bnb gas fees) might be high, but there are some methods that can help you lower the gas fee.

Change the gas limit, and you are good to go, but keep in mind that by doing this, Metamask takes much longer to process the transaction.

How much ApeCoin was airdropped per Ape?

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In this article, we are going to talk about how much ApeCoin was airdropped per Ape. ApeCoin is an ERC20 coin created by Dao to create the Ape ecosystem.

16 percent of all coins during airdrop will be distributed to NFT holders of Bored Ape, Mutant Ape, and Bored Ape Kennel Club.

The coin is set to be used as the main currency for the products and services of Yuga Labs (creator of the Bored Ape Yacht Club) as well as other games and platforms. In this article, we will talk about ape airdrop amount, ApeCoin airdrop distribution, and How much ApeCoin was airdropped per Ape?

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Ape airdrop amount

ApeCoin airdropped per Ape
ApeCoin airdropped per Ape

On March 15, 2022, 150,000,000 Ape was airdropped to BAYC and MAYC NFT holders. From the date of the airdrop, holders of Bored Ape and Mutant Ape coins, have 90 days to click on the declared links and register their request for ApeCoin. If users do not register their requests, unsolicited will be returned to the ecosystem.

According to the Ether scan probe data (https://etherscan.io/token/0x4d224452801aced8b2f0aebe155379bb5d594381), the holders of the BAYC and MAYC NFT have requested more than 38 million ApeCoin registrations. In addition, the price of the BAYC and MAYC also dropped rapidly after the start of the airdrop.

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ApeCoin airdrop distribution

ApeCoin airdrop distribution
ApeCoin airdrop distribution

ApeCoin cryptocurrency (https://apecoin.com/) tokenomics are as follows:

-62% to ecosystem fund: 150 million ApeCoin sold + 470 million ApeCoin to DAO fund

-16% to yoga and charity labs: 150 million ApeCoin to yuga Labs + 10 million donations

-14% to launch contributors

-And 8% belongs to the project’s founders.

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How much ApeCoin was airdropped per Ape?

For a fair distribution of coins, this is done according to the recorded price for NFTs about one month before the distribution.

ApeCoin was airdropped per Ape
ApeCoin was airdropped per Ape

-The amount of coins allocated to each collection is as follows:

-Holders with only Bored Ape will receive 10,094 coins.

-Holders with only Mutant Ape will receive 2,042 coins.

-Those with a combination of Bored Apes and Bored Ape Kennel Club, will have 10,950 coins

-Those with a combination of Mutant Apes and Bored Ape Kennel Club will have 2,898 coins.

Conclusion

In this article, we talked about ApeCoin airdrop distribution and how much ApeCoin was airdropped per Ape. APE is a digital currency with a market value of about 1.58 billion dollars, ranked 36th in the market, and holds a 0.14 percent share of the total market.

Following the launch of ApeCoin by Yuga Labs, the cryptocurrency community is looking forward to increasing its future applications. For example, these uses include staking capability for holders and passive monetization of ApeCoin, enhancing gamefi programs, or even collaborations with other IPs owned by the company.

Blockchain game alliance CEO and members

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What are the Blockchain game alliance CEO and members? Is a startup project based on blockchain-based games? Their main goal is to raise individual and business awareness about how blockchain can transform games. Now let’s take a look at blockchain game alliance and its activities.

Blockchain game alliance CEO

Sebastien Borget is the Co-founder, and chief operating officer of The Sandbox, and the CEO of the Blockchain Game Alliance too. Sebastien Borget identifies himself as an entrepreneur with 11 years of experience in mobile games and 14 years of experience in creating startups

blockchain game alliance CEO
blockchain game alliance CEO

Blockchain game alliance members

The Blockchain Game Alliance is an organization that aims to promote blockchain in the new crypto gaming coins industry.
Their goal is to raise awareness about blockchain technologies and encourage adoption by highlighting their adaptability potential to new ways to create, publish and build strong communities around games.

The BGA provides an open forum for individuals and companies to share their blockchain knowledge, collaborate, and create common standards. Arthur Zablocki from dSphere, Fred Anthuns from REALFEVER, and Stan Freleck from Insert Stocks are some of the blockchain game alliance members.

blockchain game alliance members
blockchain game alliance members

If you want to become a member, you must complete the BGA application form. After reviewing your application, the blockchain game alliance will contact you with more instructions.

Blockchain game alliance discord

In order to have access to the blockchain game alliance discord, you need to become a member. As an organization, the Blockchain Game Alliance needs financing to maintain and expand its activities. If you want to learn more about becoming a member, go to blockchaingamealliance. Join-the-BGA.

blockchain game alliance
blockchain game alliance

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Conclusion

The Blockchain Game Alliance is an organization, revolving around games that are based on blockchain technology. Sebastian Borget is the CEO and co-founder of BGA. This organization welcomes new members and sponsors and will expand its activities by sponsoring and acquiring more famous members.

blockchain game alliance
blockchain game alliance CEO and members

How to avoid capital gains tax on cryptocurrency?

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Avoid capital gains tax on cryptocurrency and learn how to enjoy your crypto gains while minimizing your tax payments. Over the years, Bitcoin and other cryptocurrencies have determined how much we depend on fiat currencies. Of course, most central governments, after failing to take control of the Crypto space, decided to take a share of this space by taxing cryptocurrencies.

Cryptocurrency taxes are the same as other types of taxes. However, the concept and how to calculate it varies in each country. By following the methods below, you can avoid capital gains tax on cryptocurrency

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How to avoid capital gains tax on cryptocurrency

1. Self-Directed IRA

A self-directed IRA, allows you to invest in assets like gold, real estate, and cryptocurrencies. By following the applicable rules and procedures, you can set up a self-directed IRA where you can buy cryptocurrency assets.

Self-Directed IRA
Self-Directed IRA

To learn more about IRS and its relation with cryptocurrencies, go to IRS on cryptocurrency trading
The IRA gives you the option to make tax-deductible contributions during your working years, but you will have to pay ordinary income taxes on withdrawals in retirement.

2. Less Capital Gains Taxes with Tax-Loss Harvesting

Tax-loss harvesting refers to selling stakes or interests at a loss. This loss is used to compensate the capital gains tax made from the trade of other stakes and interests at a profit.

So, how does this method help us avoid capital gains tax on cryptocurrency? Cryptocurrency investments that have already lost value can be vended to offset gains with losses. Imagine you have 20,000 dollars in capital gains from the increasing value of Bitcoin (BTC). On the other hand, you have an Ethereum (ETH) that has decreased by about 2,000 dollars in value.

Less Capital Gains Taxes with Tax-Loss Harvesting
Less Capital Gains Taxes with Tax-Loss Harvesting

By not selling, you will bear the capital gains tax from your 20,000 dollars growth in BTC investment. However, by selling the ETH at its current value, you realize the 2,000 dollars loss it has endured. You can then use this loss to offset your supposed tax, which in this example will be 18,000 dollars in capital gains.

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3. Give away to Charity with CRTs

CRT pays a constant income to the donor, for a specific period of time or an entire lifetime. After the certain period for the CRT has passed, the remaining assets and value in the future are donated to a charity of your choice.

By donating assets into the trust, you can enjoy its tax deduction advantages. Tax deduction depends on a number of factors: what kind of CRT you are using, the projected income compensations, and the interest rates from the IRS. Taxes on short-term capital gains are postponed for the duration of the trust.

Give away to Charity with CRTs
Give away to Charity with CRTs

Take note that once you’ve given away your cryptocurrency assets to a CRT, consider it gone forever, since the trust fund contract is irrevocable. It will continue to bring income for you and the heirs named.

Percentage of population investing in cryptocurrency 2022

How to avoid capital gains tax when selling cryptocurrency

Sell assets during a low-income year. Whether you have short-term or long-term capital gains, the tax rates you pay are determined by your income. You can avoid capital gains tax on cryptocurrency by selling cryptocurrency

that you know will experience higher values in years with lower tax rates.

Selling cryptocurrency might affect some of your income to be taxed at a higher rate, but that does not push all of your profit into a higher tax bracket.

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Do you have to report crypto on taxes if you don’t sell?

The IRS has stated that cryptocurrencies are taxable, and the amount of tax depends on whether it is a capital asset or a personal use asset. Selling or trading crypto means that they are tagged as capital assets, but holding them in your wallet and trading them for cryptocurrencies means that they are classified as personal assets.

report crypto on taxes
report crypto on taxes

If you trade your crypto that is classified as a capital asset for cash, then it will be considered a sale, and you need to pay taxes for that transaction. If the cryptocurrency is classified as personal use, then if you trade your crypto for other cryptocurrencies, it will not be considered a sale and there will be no taxes incurred.

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Conclusion

Investing money in cryptocurrency may result in significant gains if you bought the assets before they begin trending up in value. If you’re lucky enough to experience high values, then a little bit of tax planning might help you reduce the crypto tax bill you owe on your gains. The list of ideas above could help you avoid capital gains tax on cryptocurrency.

avoid-capital-gains-tax-on-cryptocurrency-(6)

Cryptocurrency taxation is very complex, and the tax regulations might change in the future. Because of that, it’s always best to consult a tax professional, such as a tax attorney. They can help you minimize your taxes by providing tax laws.

Percentage of population investing in cryptocurrency 2022

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The percentage of the population investing in cryptocurrency 2022 is growing every day. Cryptocurrency usage has increased globally, particularly in recent years, as the value and popularity of crypto-related companies continue to rise, with some regions leading the way.

Here, we are going to talk about the percentage of population investing in cryptocurrency 2022 and the countries with the highest cryptocurrency adoption rate.

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What percentage of the population owns cryptocurrency?

Crypto.com (Crypto Market Sizing Report) Exchange has released a report estimating that the total number of Crypto users worldwide rose from 66 million in May 2020 to 106 million in January.

Crypto.com points out that the percentage of population investing in cryptocurrency 2022 correlates with the price of Bitcoin. The growth in user numbers in August was due to the popularity of Defi and Ethereum.

What percentage of the population own cryptocurrency?
What percentage of the population owns cryptocurrency?

The global number of Bitcoin users is estimated at 71 million, and the number of Ethereum users is 14 million as of January. Bitcoin and Ethereum had significant increases in users in January, with 30.2 percent and 13.1 percent.

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What percentage of the population is invested in cryptocurrency?

The results of a global survey of Internet users aged 16 to 64 show that cryptocurrencies are becoming popular and the number of people who own digital assets is increasing every year. According to CryptoSlate, more than one out of every 10 Internet users owns one of the cryptocurrencies.

go to cryptoslate.com/crypto-uses to learn more about this research.

The company analyzed its global observations of the main trends related to people’s online behavior. In this research, the ownership rate of digital currencies in different countries and different demographic indicators (such as age and gender) have been categorized.

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According to the cryptocurrencies section of this report, which was written based on the GWI survey in the third quarter of 2022, the percentage of population investing in cryptocurrency 2022 has grown by 37.8 percent in one year.

More than 10 percent of internet users, now own some form of cryptocurrency. By focusing on different countries, we can understand that these types of assets have become more popular among developing countries.
Thailand is the leader of this competition. In this country, more than two out of every 10 adults (20.1 percent) own a type of cryptocurrency.

What percentage of the population is invested in cryptocurrency?
What percentage of the population is invested in cryptocurrency?

Thailand, Nigeria 19.4 percent, the Philippines with 19.4 percent, South Africa with 19.4 percent, and Turkey 18.6 percent have the highest percentage of population investing in cryptocurrency in 2022.

Less than one out of every 20 users, aged 55 to 64 has cryptocurrency. In addition, the adoption rate of cryptocurrencies among men aged 25 to 34 (15.5 percent) is higher than other ages, and the share of women in this age range is significantly lower (9.5 percent) than men.

percentage of population investing in cryptocurrency 2022
percentage of population investing in cryptocurrency 2022

Currently, the percentage of population investing in cryptocurrency 2022 in the United States is 12.7 percent. As a result, even though the U.S. wants to make cryptocurrency regulation a security issue, the country’s cryptocurrency adoption rate is still higher than the global average (10.2 percent).

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Conclusion

Today, many people use cryptocurrencies in order to pay transaction fees. These assets have many uses for people, so there is no wonder why many people are investing in cryptocurrencies every day. In this article, we talked about the percentage of population investing in cryptocurrency 2022 and the percentage of the population who owns cryptocurrency.

percentage of population investing in cryptocurrency 2022
percentage of population investing in cryptocurrency 2022

10 percent of internet users around the world on a type of cryptocurrency, Thailand has the highest percentage of cryptocurrency investors with more than 20 percent of its population owning a digital asset.