Poloniex Good news for crypto trader

in #poloniex6 years ago

  1. Poloniex launch the officially application for androiad play store and ios play store. This stamp differentiates it from the various Poloniex “support” applications that have been released in the past by third-party developers.
    In poloniex application user can access a number of trading app features like real-time ticker updates on all markets, charts in different time intervals, an option to manage specific coins and the ability to create alerts for price changes.

  1. How to Pay tax on Bitcoin Gains in India
    Indian mumbai based charterd accountant Gautam Nayak Said “The first step is to see whether you were trading in it or holding it as an investment. If it is an investment, then you will have to pay capital gains tax. If you are trading in bitcoins, it is a business income. So if your turnover exceeds ₹ 2 crore, you are liable for tax audit,”.

    Also deputy general manager of Taxmann.com, a tax services provider Naveen Wadhwa said "If you are an investor, you have to pay capital gains tax. “Capital gains can be either short-term or long-term. There is no provision for bitcoins and other cryptocurrencies in the Income Tax Act. In the absence of any provision, we assume the general provision will apply. Hence, if you hold bitcoins for less than 36 months, short-term capital gains will be applicable. If you hold bitcoins for more than 36 months, long-term capital gains tax (LTCG) will be applicable,”

  2. Former gangster Wan Kuok-koi witnessed the launch of his ICO at a posh event in Cambodia and continued to find success selling his HB tokens in Thailand and the Philippines.

Overall, Wan has reportedly sold 450 million out of a planned 500 million tokens offered to the public. The ICO tour is set to conclude later this month in Malaysia.
But the ex-Macau triad has seen his offering make headlines after media said he was able to raise $750 million in less than five minutes.

  1. HTC announced his blockchain powered smartphone launch in end of the year and its price is near about 1000$.
    Exodus is described by its makers as “the world’s first phone dedicated to decentralized applications and security.” The Android smartphone will feature a secure hardware system designed to support cryptocurrency and provide direct trading between peers with no additional fees, and no cloud.
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