Domain: tiger-web1.srvr.media3.us Classic Doge has now launched! | Page 20 | Money Talk
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re: Classic Doge has now launched!

Posted on 11/19/21 at 9:57 am to
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9585 posts
Posted on 11/19/21 at 9:57 am to
I'm trying to sell my initial investement of $600. How come when I swap it, it says I need to top off my BNB on trustwallet for a .48 cent transaction fee?
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58370 posts
Posted on 11/19/21 at 9:57 am to
man trust takes a while to update the proper price my trust shows 0.00105 and it is 0.00177
Posted by HeadyMurphey
Los Santos
Member since Jan 2008
17286 posts
Posted on 11/19/21 at 10:01 am to
You need bnb for the transaction fee. Never spend max of a coin, you need some extra for transactions
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17409 posts
Posted on 11/19/21 at 10:02 am to
MetaMask is GOAT
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
58370 posts
Posted on 11/19/21 at 10:04 am to
quote:

MetaMask is GOAT
i have al my real money there....
Posted by castorinho
13623 posts
Member since Nov 2010
87092 posts
Posted on 11/19/21 at 10:04 am to
quote:

eta: the liquidity is absolutely garbage on this for the market cap.
Well there's like 700 holders (they all post here)

And to be fair the market cap is misleading. That's not using the right number in circulation
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 11/19/21 at 10:06 am to
quote:

I'm trying to sell my initial investement of $600. How come when I swap it, it says I need to top off my BNB on trustwallet for a .48 cent transaction fee?


You have to have enough bep20 bnb for your transaction fees on the swaps. How much bnb does pancakeswap say you have when you put bnb in one of the boxes?

The fee can only come from bep20 bnb. It cannot come from regularly bnb or the token youre trying to sell.
Posted by Sheesh125
Member since Nov 2012
103 posts
Posted on 11/19/21 at 10:08 am to
This is amazing, I got in on the presale for 1.2 BNB - How do the taxes work on the profits you make from selling? Do you only have to pay the tax after it becomes cash back in your bank account?
Posted by Box Geauxrilla
Member since Jun 2013
19220 posts
Posted on 11/19/21 at 10:09 am to
quote:

I'm trying to sell my initial investement of $600. How come when I swap it, it says I need to top off my BNB on trustwallet for a .48 cent transaction fee?

I’ve run into this issue before. Like the other posters said, you need to deposit more BNB into your trust wallet to make the transaction.

I don’t understand why they can’t pull it from the coin you’re selling, but it’s like that for any BNB coin.
Posted by castorinho
13623 posts
Member since Nov 2010
87092 posts
Posted on 11/19/21 at 10:10 am to
quote:

This is amazing, I got in on the presale for 1.2 BNB - How do the taxes work on the profits you make from selling? Do you only have to pay the tax after it becomes cash back in your bank account?

short term cap gains on the profits. And no doesn't matter when it hits your acct, coin to coin is taxable. So whatever the coins values are in USD when you make the trades determines your gains
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 11/19/21 at 10:12 am to
Slackster will be along shortly to explain it and laugh at you
Posted by Box Geauxrilla
Member since Jun 2013
19220 posts
Posted on 11/19/21 at 10:15 am to
Unrelated question, does TrustWallet KYC?
This post was edited on 11/19/21 at 10:33 am
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 11/19/21 at 10:21 am to
No. Not as of now
Posted by castorinho
13623 posts
Member since Nov 2010
87092 posts
Posted on 11/19/21 at 10:21 am to
No they don't. But the platform where you eventually turn that into USD does.
Posted by Box Geauxrilla
Member since Jun 2013
19220 posts
Posted on 11/19/21 at 10:27 am to
Pay your taxes
This post was edited on 11/19/21 at 10:39 am
Posted by castorinho
13623 posts
Member since Nov 2010
87092 posts
Posted on 11/19/21 at 10:29 am to
Well yeah you can do that. Nothing illegal with that.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 11/19/21 at 10:31 am to
From coin to coin is a taxable event.

You would realize your profit on the event that moved you to a stable coin. Holding the stable coin would not do anything for you but hide the attempted evasion a bit.

You might be the type that wants to get tax advice in the gmex tele group.
Posted by TSLG
Member since Mar 2014
6724 posts
Posted on 11/19/21 at 10:33 am to
quote:

So hypothetically, and again I would never do this, you could pull profits from a coin, transfer to a stable coin, and let it sit in TW for a year before sending to Coinbase?


If this cycle goes how i expect, you will have friends that want bnb.

eta: if it doesn't, im going to need some recipes to spice up my ramen noodles.
This post was edited on 11/19/21 at 10:34 am
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
11544 posts
Posted on 11/19/21 at 10:35 am to
This thing is going to hit a penny in a week!
Posted by Stagliano
Member since Dec 2020
1661 posts
Posted on 11/19/21 at 10:36 am to
Pulse is right around the corner baw. Snatch up as much of that shite as you can get your hands on when it launches

Here soon there will be a Pulse mega thread in here
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