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Dr Fawad Qasim Wasil
@Trader_with_Trader
I am an Entrepreneur Real Estate , Crypto Trader and Consultant
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Pros of Binance Wide Range of Cryptocurrencies: Binance offers an extensive selection of cryptocurrencies and trading pairs. Liquidity: Binance is known for its high liquidity. Low Trading Fees: Binance offers competitive trading fees. Advanced Trading Features: Binance provides advanced features like spot and futures trading, margin trading, staking, and more. Security: Binance places a strong emphasis on security. Global Accessibility: Binance is available to users around the world. Binance Coin (BNB): Users can benefit from holding Binance Coin (BNB). Debit/Credit Card Purchases: Binance allows users to buy cryptocurrencies with debit and credit cards. #BinanceSqaure #BinanciansGlobal #Write2Earn #binanceusers #drfawadqasimwasil
Pros of Binance
Wide Range of Cryptocurrencies: Binance offers an extensive selection of cryptocurrencies and trading pairs.
Liquidity: Binance is known for its high liquidity.
Low Trading Fees: Binance offers competitive trading fees.
Advanced Trading Features: Binance provides advanced features like spot and futures trading, margin trading, staking, and more.
Security: Binance places a strong emphasis on security.
Global Accessibility: Binance is available to users around the world.
Binance Coin (BNB): Users can benefit from holding Binance Coin (BNB).
Debit/Credit Card Purchases: Binance allows users to buy cryptocurrencies with debit and credit cards.
#BinanceSqaure #BinanciansGlobal #Write2Earn #binanceusers #drfawadqasimwasil
How much tax do you pay on crypto in India? You’ll pay 30% tax on profits from trading, selling, or spending crypto and a 1% TDS tax on the sale of crypto assets exceeding more than RS50,000 (RS10,000 in certain cases) in a single financial year. You may also pay Income Tax upon receipt at your individual tax rate if you’re seen to be earning other income in crypto, for example, through staking or mining. When will you pay 30% tax on crypto in India? You may need to pay the 30% tax whenever you make the following transactions: Selling crypto for INR or another fiat currency. Trading crypto for crypto, including stablecoins. Spending crypto on goods and services. However, the 30% tax won’t always apply as sometimes the ITD will view you as having income instead. In these instances, you’ll pay tax at your Individual Tax Rate on receipt. This includes: Gifting crypto - if you're the recipient of the gift (refer to the gift section for more details). Mining coins (refer to the mining section for more details). Getting paid in crypto. Staking rewards. Airdrops. #Write2Earn #CryptoTaxReform #CryptoTaxIndia #CryptoTaxation #drfawadqasimwasil
How much tax do you pay on crypto in India?
You’ll pay 30% tax on profits from trading, selling, or spending crypto and a 1% TDS tax on the sale of crypto assets exceeding more than RS50,000 (RS10,000 in certain cases) in a single financial year. You may also pay Income Tax upon receipt at your individual tax rate if you’re seen to be earning other income in crypto, for example, through staking or mining.
When will you pay 30% tax on crypto in India?
You may need to pay the 30% tax whenever you make the following transactions:
Selling crypto for INR or another fiat currency.
Trading crypto for crypto, including stablecoins.
Spending crypto on goods and services.
However, the 30% tax won’t always apply as sometimes the ITD will view you as having income instead. In these instances, you’ll pay tax at your Individual Tax Rate on receipt. This includes:
Gifting crypto - if you're the recipient of the gift (refer to the gift section for more details).
Mining coins (refer to the mining section for more details).
Getting paid in crypto.
Staking rewards.
Airdrops.
#Write2Earn #CryptoTaxReform #CryptoTaxIndia #CryptoTaxation #drfawadqasimwasil
Reserve Bank of India (RBI) Governor Shaktikanta Das recently announced plans to enhance the adoption of the central bank digital currency (CBDC), the digital rupee, by exploring offline functionalities. #RBI #cbdc #cryptoindia
Reserve Bank of India (RBI) Governor Shaktikanta Das recently announced plans to enhance the adoption of the central bank digital currency (CBDC), the digital rupee, by exploring offline functionalities.
#RBI #cbdc #cryptoindia
Ethereum staking reaches a major milestone as 25% of the total ETH supply, around 30 million ETH, is now staked. #Ethereum...
Ethereum staking reaches a major milestone as 25% of the total ETH supply, around 30 million ETH, is now staked.
#Ethereum...
Investing in 'Gold' – Via Bitcoin – Is Cheaper Than Ever Gold and bitcoin are often compared as haven assets. The newly introduced bitcoin ETFs provide an even cheaper way to invest in "gold" – a digital version, anyway – as all but one charge a lower fee to investors than the biggest gold ETF. There's gold, the precious metal, and then there's digital gold, aka bitcoin. #BitcoinReality #GoldETF
Investing in 'Gold' – Via Bitcoin – Is Cheaper Than Ever
Gold and bitcoin are often compared as haven assets.
The newly introduced bitcoin ETFs provide an even cheaper way to invest in "gold" – a digital version, anyway – as all but one charge a lower fee to investors than the biggest gold ETF.
There's gold, the precious metal, and then there's digital gold, aka bitcoin.
#BitcoinReality #GoldETF
According to my research and market study I predict the bitcoin price will climb to $50,600 through March and then surge to around $68,000 by November 2024
According to my research and market study I predict the bitcoin price will climb to $50,600 through March and then surge to around $68,000 by November 2024
Solana  SOL is witnessing a price recovery after a five-hour network outage on Feb. 6 had investors worried that a sharp sell-off would follow. Generally, SOL traders appear to be unfazed by the incident and the price has recovered
Solana 
SOL is witnessing a price recovery after a five-hour network outage on Feb. 6 had investors worried that a sharp sell-off would follow. Generally, SOL traders appear to be unfazed by the incident and the price has recovered
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