Tag: there downside staking

How Do I Stake Crypto

When it comes to cryptocurrency, there are a variety of ways to earn rewards. One of the most popular methods is through staking. Staking is a process that allows holders of a particular cryptocurrency to earn rewards by locking up their coins in a staking wallet. In return for locking up their coins, stakers are […]

Where To Report Crypto Staking On Taxes

As the popularity of cryptocurrencies continues to grow, so too does the number of people looking to report their crypto staking income on their taxes. But where should you report this income? The good news is that, in most cases, crypto staking income is considered to be taxable income. The IRS treats cryptocurrencies as property, […]