Recent content by BeardedNomad

Hi, I would certainly be interested in experienced views on this as relocating to Malta as a crypto trader with 5% tax would be ideal for me. For reference, I posted my situation here; Quitting day job to trade crypto - need advice as to what path to take from here

You're right, it came into effect a few months back, but as far as I understand due to Binance being located in Malta, it does not apply to them and as long as tax is paid, then the UK won't intervene. Binance did close down their new "Binance Jersey" offering, which many believe was to ensure...

There's a lot of good information there, you have clearly done your homework. I'll read through it a couple of times and digest it. Thanks.

I'm uncertain that I follow, crypto can be traded via Margin or Futures on Binance.

I trade Futures via Binance and make a couple hundred trades each day, this will increase over time with compounding returns. I have been using Koinly.io to pull my trading data via API and give me a rough idea of totals/gains etc as I go. My plan was to use TaxScouts.com to review this data...

Thank you to everyone for your advice and thoughts, they are much appreciated. Clearly there are a lot of knowledgeable people out there and some whom are very passionate on the subject. I will take my time to digest it all and ensure I take all advice on board. I've tried to seek clarity on...

Hi, I am a UK resident since birth and have started trading in crypto over the last few months. Shortly, this will be my only source of income as I have started the process to finish my day job. As I understand it, profits from crypto trading will be taxed as Capital Gains Tax, in the region...