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frae-

Hi guys. Please can you tell us if all the

pairs trading on FTX "/USD" what is USD? Is it fiat or is it considered as a stable coin? I have deposited 50K USDT on FTX, but I need to know if I convert them to USD, is it considered stable coin or fiat. Otherwise taxes will come to me... Any help?

#crypto-exchange #cryptocurrency #english #ftx
0

5 ответов

20 просмотров
Imane-

I am also interested into this. Can any admin clarify with a complete answer? Why is the support so low on such a big exchange? And why the 60min cooldown...

0
03.02.2022
Rey-

It's usd which can be redeem as usd fiat or stablecoins

0
03.02.2022
frae- Автор вопроса
Rey
It's usd which can be redeem as usd fiat or stable...

Sorry but this is not a clear answer. Binance and other exchanges propose mainly all trading vs non-fiat currencies. From such a big exchange, we need certainty that in term of compliance, regulations etc. When we make a buy and sell order, the gain in "USD" is not considered as a gain in fiat. In Binance there is no issue since it's USDT. So can you please give me a more serious answer, with an article I can read eventually? Thanks

0
03.02.2022
Vikir-Baskerville
frae
Sorry but this is not a clear answer. Binance and ...

USD, USDC, TUSD, USDP, BUSD, and HUSD all count as "USD Stablecoin" balances. Depositing any of those to your FTX wallet will credit you 1:1 with USD Stablecoins

0
03.02.2022
Rey-
frae
Sorry but this is not a clear answer. Binance and ...

You should determine how you'll treat usd from ftx, if usd fiat or usd stablecoins on your own ad they're both the same for the engine. If you trade futures, gains are in usd as futures settle to cash. If you trade usdt markets your gain will be in usdt.

0
03.02.2022

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