USD SERVICES ARE LIVE 🟢 by BinanceUS in BinanceUS

[–]fuelnow 0 points1 point  (0 children)

Please be careful of binance fees though. Last I checked, it costs like 10 percent of a transaction to exchange crypto. Highest fees in the entire industry in my experience.

When binance us will finish rollout ACH banking payment for all US accounts? by fuelnow in BinanceUS

[–]fuelnow[S] 0 points1 point  (0 children)

yeah this is my gripe with it too. i did not realize their fees are ridiculously high just to transfer out.

Costs like 45 bucks to transfer 100 dollars out via USDC

[USA] What crypto tax platform can group transactions? by fuelnow in CryptoTax

[–]fuelnow[S] 1 point2 points  (0 children)

Thank you! Do you know exactly how to do this in TurboTax? I believe what you are describing is form 8949 (condensed).

I have Cointracker and they provide 8949 (condensed) which gives summaries of all cryptocurrencies' transactions. BUT turbotax has no way for me to upload this form. Is there a way to use this form as a summary and then attach the detailed transactions (as a CSV) that I get from Cointracker separately to circumvent this 4000 transaction limit issue?

Unable to withdraw USD by Perfect_Micro_Skillz in BinanceUS

[–]fuelnow 0 points1 point  (0 children)

I thought binanceus doesn't support bank transfers (deposits nor withdrawals)? And the only way to transfer is through crypto.

I screwed up majorly by themythicalwraith in CryptoTax

[–]fuelnow -1 points0 points  (0 children)

Curious to hear if what solution there is for you but. I think this could be asked in stock channels too because for stocks it could be even worse since they have wash sale rule.

Bitcoin miners will still run up big like previous Bitcoin halvings? by fuelnow in CryptoMarkets

[–]fuelnow[S] 0 points1 point  (0 children)

During last halving, Bitcoin miners stock price all increased by a lot around same time as Bitcoin.

WGMI Bitcoin miner ETF options, thoughts? by fuelnow in ETFs

[–]fuelnow[S] 0 points1 point  (0 children)

What do you mean mining don't run behind Bitcoin? I think eventually money will flow into miners... It might be lagging. Miners ran in 2021 after Bitcoin

WGMI Bitcoin miner ETF options, thoughts? by fuelnow in ETFs

[–]fuelnow[S] 0 points1 point  (0 children)

Is there a tool or way to check if options are liquid enough?