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RE: ๐๐ฒ๐ Hello Power Shack ! THANKS STEEMIT ! I Turned 1300 Steem On Poloniex Into $2573.00 Canadian ! PLUS I HIT 900 FOLLOWERS !! YIPPEE, LETS CELEBRATE !!๐๐ฒ๐
Out of curiosity, once you convert any crypto to Cad funds, don't you have to claim it as earned income? I'm hesitant to do this myself because I imagine the taxing would be an issue... Or is it really not that much until you're working with tens of thousands of dollars ?
No there's none of that ! It does all the conversion automatically on poloniex and quadrigacx ! Its kind of like casino winnings you don't need to claim it as income . Because its a cryptocurrency , not considered money anyways , its hard for me explain , you need ask someone that's more savvy on these issues!! LOL! But don't worry , it is not considered earned income !! Ask a fellow Canadian @barrydutton ! He knows all about theses things! ๐๐๐
Oh cool. thanks for the info on that subject. I'll check out @Barrydutton 's blog
Awesome ! ๐๐๐