If you're in the US, you're fine. Moving from one exchange to another isn't a taxable event. I'd appreciate an upvote if you find my content valuable. Thanks
I don’t think I can register some on Binance and some on Exodus.
just finished watching a uTube video where the person’s Exodus wallet got hacked and all funds disappeared. Seems they don’t have 2 fold verification on Exodus.
If you leave EOS tokens on Binance, they'll register them and convert the tokens for you. Yes, you could leave some on Binance and some in your Exodus wallet, but why would you want to? I'd recommend just keeping them in one place. But it's up to you.
Exodus, like all desktop wallets, are susceptible to hacking if you're not careful.
If you have 2 computers, I would suggest using 1 for nothing but crypto and the other for everything else. This will GREATLY reduce your susceptibility to hacking. If you only have 1 computer, consider buying a cold storage wallet like Ledger Nano S. The registration process for EOS tokens will be more tedious on a Ledger, but your coins will be MUCH safer.
If you're in the US, you're fine. Moving from one exchange to another isn't a taxable event. I'd appreciate an upvote if you find my content valuable. Thanks
If you leave EOS tokens on Binance, they'll register them and convert the tokens for you. Yes, you could leave some on Binance and some in your Exodus wallet, but why would you want to? I'd recommend just keeping them in one place. But it's up to you.
Exodus, like all desktop wallets, are susceptible to hacking if you're not careful.
I have quite a lot....if they are hacked in one place at least I have half in another.
If you have 2 computers, I would suggest using 1 for nothing but crypto and the other for everything else. This will GREATLY reduce your susceptibility to hacking. If you only have 1 computer, consider buying a cold storage wallet like Ledger Nano S. The registration process for EOS tokens will be more tedious on a Ledger, but your coins will be MUCH safer.