Hi all, using Stake finally got me to come to backinamo to see what all the fuss was about, see what people could possibly be complaining about.
Just to correct some inaccuracies in here, if you make money gambling in crypto, it is not taxed as crypto gains, it is gambling gains. Of course, if it is gambling such as on Stake and not just calling it gambling on some memecoin. If you get to the point where you have made enough and need to report, get yourself over to something like Koinly and an accountant, a bit annoying, but you have won enough for it to matter, so that is good news.
Also don’t use that bitpanda referral link flying around. They are an awful exchange, documented, I signed up back when they were coinimal, avoid at all costs. You are best off sticking with Coinbase/Kraken or at a push crypto.com like Steve (I would still avoid CDC if possible and this is someone who has an Obsidian CDC card in their wallet). You can use the best methods to keep fees down, but crypto really isn’t the place to be risking everything just for a few percentage points less in fees.