“Coin to Cash”

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95 Search Results

Understanding Taxes on Crypto Credit Card Rewards

Understanding Taxes on Crypto Credit Card Rewards

https://www.sofi.com/learn/content/are-crypto-credit-card-rewards-taxable/

As crypto credit cards gain popularity, it’s becoming critical to understand how crypto credit card rewards are taxed. In some cases, crypto credit card rewards are considered a rebate on spending and therefore not taxable. But in other cases, the cryptocurrency you earn with a credit card may be taxable. In either case, it’s important […]


Crypto Credit Card vs. Crypto Debit Card: Key Differences

Crypto Credit Card vs. Crypto Debit Card: Key Differences

https://www.sofi.com/learn/content/crypto-credit-card-vs-crypto-debit-card/

Cryptocurrency — sometimes referred to as blockchain technology — is a hybrid between a currency and an investment. There are many different types of cryptocurrencies, with Bitcoin being the most well-known. As the popularity of cryptocurrency continues to increase, banks and other issuers are coming out with crypto credit cards and crypto debit cards. While […]


5 Most Private Cryptocurrencies

5 Most Private Cryptocurrencies

https://www.sofi.com/learn/content/most-private-cryptocurrency/

Bitcoin is one of the most secure cryptocurrencies, with a hash rate that climbed to an all-time high in January 2022. But transactions made on the Bitcoin blockchain are transparent and can be seen by anyone using widely-available blockchain explorer websites. While future upgrades to the Bitcoin core code could make transactions more anonymous, for […]


Investing in Cryptocurrency

What to Know About Investing in Cryptocurrency

https://www.sofi.com/learn/content/investing-in-cryptocurrency/

Since the launch of Bitcoin in 2009, thousands of different cryptocurrencies have entered the market, providing investors with an intriguing — and sometimes confusing — array of choices. While investing in crypto may offer growth potential, cryptocurrencies as a whole have proven to be a volatile asset class, posting double-digit percentage gains and losses — […]


What Is An HDHP?

What Is An HDHP?

https://www.sofi.com/learn/content/what-is-high-deductible-plan/

A high deductible health plan, or HDHP, has a higher deductible than other types of insurance plans, as the name implies. In return for higher deductibles, these plans usually charge lower premiums than other types of health plans. You can combine a HDHP with a tax-advantaged health savings account (HSA). Money saved in an HSA […]


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