question:
He said that term lockups generate a taxable event, which is true in many Western countries.
However, would Celsius consider term lockups for those of non-US citizenry where Crypto gains aren’t taxed, such as Singapore?
High chance won't. Cause their main market focus is US. And changes in the app etc will take almost years. Even the in app .... Delay for so long.
why on earth would you want your funds locked?
Higher interest payable. Say up to 3 months.
Not likely to happen
Yes I speculate that too. It may complicate simplicity if the ratio of taxable vs non taxable is too high to implement.
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