Recommendations for the best Torque trading platform? At least in the United States and Canada. Most people think that they only owe taxes on profits that were sold back to USD/CAD, when in fact, you owe taxes on every single trade you make – even crypto to crypto. The IRS and CRA view every trade as a realized gain or loss. Put simply, if you buy Ether with Bitcoin, they consider this a taxable event on a realized gain or loss. They assume that you sold Ethereum to USD, then purchased Bitcoin with USD, even though this is not what happened. Ignoring both tax implications and exchange fees will severely impact your overall cryptocurrency investment strategy.
Signing up for a Coinbase account is easy, though you will need to provide some form of identification. That may involve sending a copy of your photo ID and potentially also sending a live image of your face using a webcam. These rules are important to follow as they allow the site(s) to comply with ‘know-your-customer’ regulations. Although Coinbase alone will allow you to buy and sell Bitcoin, it’s also worth signing up to its linked exchange platform, Coinbase Pro, which will give you greater control over your purchases.
Who is the CEO of Torque Trading Systems? Then I managed to find the CEO of Torque Trading Systems, Bernard Ong, because I’m a bit paranoid. This guy has lots of businesses on hand and this is one of his new projects that he has been working on for nearly a year behind the scene. After talking to Bernard, he invited me (I was as surprised as you are, you should contact him for any inquiries btw he’s super nice and passionate about what he does) to go down to his Singapore office for a simple introduction of torque trading systems. So, I flew down to meet him and his team of managers in Singapore. Explore more details on Torque trading bot.
But what makes Torque trading system so special are these few things: They are trading over 50+ crypto exchanges so there are a higher permutation of different pairs of cryptocurrencies.
It will be even faster with the compounding effect. i.e. putting back the profits everyday into your account to grow even faster. Google and read up the “rule of 72 formula”. We are 9% so that will make it even faster. Combine with the right with referrals plans, the compensation plan earning potentially can hit up to 10k/day. Now I am also in their referral scheme where I am also earning 97% of my friend’s earnings every day. Now let’s be practical. Let’s say if your investment is X times, then you can see the differences with the absolute amount X times. A little bit of hard work is all it takes.
Torque Trading Systems has been created with the sole purpose of providing everyone an alternative to self-managed cryptocurrency portfolios. Torque is currently operating in 5 countries across Asia, driven by a team of traders with each of them having more than 10 years of trading experience in traditional markets and instruments, have discovered huge opportunities in the world of cryptocurrencies. Torque is now 60 men strong with the largest team of coders based in Vietnam. Discover a few more details on torque.asia.