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US Election: What Could This Mean For Crypto?

How the 2024 U.S. Presidential Election Could Shape Bitcoin’s Future: Trump vs Harris

<p><strong>Brisbane, Australia 31 October, 2024</strong>: <a href="https://coinstash.com.au/" rel="noopener noreferrer" target="_blank"><u>Coinstash</u></a><u>,</u> a top Australian cryptocurrency exchange, has launched Coinstash Private, a dedicated service tailored for high-net-worth clients navigating the crypto market. The exclusive service offers dedicated account management, access to early-stage project investment deals, leading coin and market intelligence reports, and inheritance and tax solutions to support investors seeking a more personalised investing experience.</p><p>"We are noticing a shift in the Australian crypto market, with more seasoned investors entering the space and looking for a more personalised investing service," said Ting Wang, Coinstash Co-founder and CEO. "Coinstash Private is the ideal solution for investors searching for a more bespoke investing experience, with services to better manage, protect and preserve their wealth."</p><p>The service is the first of its kind in the Australian crypto market, providing private clients with a more sophisticated investment experience akin to the high-level service traditionally found at established TradFi investment firms or banks. The service provides comprehensive solutions throughout the entire lifecycle of an investor's journey, including expertise in complex areas like inheritance—an essential aspect of crypto management often neglected by other platforms.</p><p>Coinstash Private's dedicated team of account managers delivers a white-glove experience, offering personalised, high-touch service and priority support. This enhanced user experience is tailored to lower the barriers to entry, especially for investors who may be less familiar with the complexities of crypto, providing secure and streamlined access to the digital asset market.</p><p>To help investors make more informed decisions, the team also provides regular coin intelligence reports, offering in-depth analysis and insights on a wide range of crypto projects.</p><p>As Australia’s crypto market continues to evolve with increasing regulatory focus and institutional interest, Coinstash Private is set to help high-net-worth investors navigate these shifts confidently.&nbsp; This emphasis on delivering a premium investing experience and tailored services to bespoke investors aligns with Coinstash's vision of bridging the gap between traditional finance and crypto, while providing Australians with the best crypto investing platform.</p><p><br></p><p> For more information, visit<a href="https://coinstash.com.au/private" rel="noopener noreferrer" target="_blank"> <u>Coinstash Private</u></a>.</p><p><br></p><h3>Media Contact:</h3><p>Chris Graham</p><p>Growth Marketing Manager, Coinstash</p><p>chris.g@coinstash.com.au</p>

Coinstash Launches Exclusive Private Service as HNWI Demand Grows

<p>The curtain has just fallen on another financial year, and Australian crypto investors now find themselves at a familiar crossroads — navigating the complexities of declaring their crypto activities for tax purposes. With the Australian Taxation Office (ATO) intensifying its scrutiny on crypto transactions, ensuring accuracy in your tax declaration has never been more critical.</p><p>This year, we’ve partnered with<a href="https://www.syla.com.au/" rel="noopener noreferrer" target="_blank"> <u>Syla</u></a>, to provide some tips for a hassle-free tax reporting.</p><h2><strong>Understanding your crypto tax obligations</strong></h2><p>Before diving into the mechanics of calculating your crypto taxes, let's address the elephant in the room: Why do crypto investments concern the ATO?</p><p>Well, the ATO treats cryptocurrency as a form of property and subjects it to Capital Gains Tax (CGT). This means if you've sold, traded, spent, or gifted crypto, you're required to declare any capital gain or loss from those transactions.</p><p>Now, many investors believe that if they don’t withdraw their profits to an Australian bank account, they aren’t liable for tax.</p><p>This, unfortunately, is a pitfall you need to avoid.</p><p>The ATO requires reporting on all gains, regardless of whether they're converted to AUD or not. Every transaction — no matter how small — needs to be tracked and reported.</p><h2><strong>Steps to calculate your crypto taxes</strong></h2><h3>1. Collect your transaction history</h3><p>Record keeping is key. You can start by logging in to your Coinstash account, and downloading a copy of your transaction history from the Transactions page. This statement includes every trade, sale, purchase, and any other transactions which occurred on your account and is designed to meet the ATO record keeping requirements for cryptocurrency.</p><p>If you use Syla or another crypto tax software, you can also sync your transactions directly by setting up an API sync directly from Coinstash. This is also a great way to keep track of your tax position through the year.</p><h3>2. Select the right crypto tax software</h3><p>When it's time to determine your capital gains or losses — essentially, the fluctuation in value from when you acquired your cryptocurrency to when you parted with it — you need something dependable to avoid unnecessary headaches, a crypto tax software.</p><p>When deciding which crypto tax calculator to select, you should consider the following:</p><ul><li>Has the software been designed for Australian tax?</li><li>What is the cost, particularly if you have a lot of transactions?</li><li>Does it do any tax optimisation for you?</li></ul><p>We recommend giving Syla a go. It’s an Australian company, and their<a href="https://www.syla.com.au/" rel="noopener noreferrer" target="_blank"> crypto tax calculator</a> has been designed specifically to handle Australian tax, it also has built-in tax optimisation to help reduce your taxable income.</p><h2><strong>Strategic approaches to minimise your crypto tax bill</strong></h2><h3>3. Leverage tax-loss harvesting</h3><p>One effective strategy to reduce your crypto tax liability is tax-loss harvesting. This involves selling cryptocurrencies that are at a loss and using these losses to offset your capital gains. It’s a practical approach that can optimise your tax outcome, but timing and careful calculation are essential. Make sure you’re not doing a wash sale where you sell and immediately rebuy the same assets.</p><h3>4. Hold assets to benefit from long-term gains</h3><p>Assets held for over a year typically qualify for a CGT discount — currently, this is 50% for individuals. This means holding your cryptocurrency for the long term can decrease the tax you owe on gains. This strategy requires patience and some tolerance for market fluctuations.</p><h3>5. Regularly review and plan your crypto portfolio</h3><p>Effective tax planning shouldn’t happen once a year. Instead, it should be an ongoing process. Regular reviews of your crypto portfolio can help you make informed decisions throughout the entire year. Not only does this prepare you for tax time, but you’ll also align closely with best investment practices.</p><h2><strong>Accurate reporting to sort out your tax return</strong></h2><h3>6. Lodging your tax return</h3><p>When it's time to lodge your tax return, accuracy is key. Your tax software will help you to generate a Crypto Tax Report containing all of your tax outcomes. This detailed and precise documentation is invaluable and can be provided to your tax agent, or you can use it yourself to self-lodge your own tax return.</p><h3>7. Stay informed on regulatory changes</h3><p>The landscape of cryptocurrency taxation is ever-evolving. Staying updated with the latest ATO guidelines and regulatory changes is crucial and is a responsibility that you need to take seriously. Using software that is always updated to reflect the latest regulations provides you with peace of mind and an assurance of compliance.</p><h2><strong>Tax wrap-up</strong></h2><p>As the Australian crypto landscape continues to evolve, so does the intricacy of crypto taxation. But with the right tools and approach, declaring your crypto taxes doesn't have to be daunting. By leveraging the power of crypto tax software, you can embrace the new financial year with open arms and a clean tax slate, knowing that you’re well-prepared to meet your obligations without the hassle.</p><h2><strong>About Syla</strong></h2><p>Syla is an Australian crypto tax software and an official tax partner for Coinstash. Created by a team of tax professionals, you can get your ATO crypto tax report which is optimised to save you tax.</p><ul><li>Best value - affordable plans supporting up to 100,000 transactions.</li><li>Maximise your tax savings - using Syla’s proprietary LTFO method.</li><li>Private wealth - support for company, trust and SMSF accounts.</li></ul><h2>Special offer</h2><p>Use the code STASH5 at checkout to get your first year of Syla’s Budget Plan for only $5. Valid until 31 July 2024.</p><p>Use the code STASH50 at checkout to get 50% off your first year on any Syla plan. Valid until 31 October 2024.</p><p>For more detailed guidance on managing your crypto taxes, visit<a href="https://syla.com.au/" rel="noopener noreferrer" target="_blank"> <u>Syla's official website</u></a>.</p><p><br></p>

<p><strong style="font-size: 10px;">Disclaimer</strong><span style="font-size: 10px;">: This article and its contents are intended for informational purposes only, and do not constitute financial advice from TWMT Pty Ltd, trading as Coinstash AU ("Coinstash"). Coinstash is not a licensed financial advisor and does not provide financial advice. You should consider seeking financial, legal, tax or other professional advice to check how the information relates to your unique circumstances. Coinstash shall not be held responsible or liable for any losses, whether due to negligence or otherwise, stemming from the use of, or reliance upon, the information provided directly or indirectly in this article.</span> </p>

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How to buy Coq Inu (COQ) in Australia on the Coinstash platform. Coinstash is a secure and user-friendly cryptocurrency exchange.

How to buy Coq Inu (COQ) in Australia

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<p>Dear Coinstashers,</p><p>We are excited to announce that Coinstash has added DeFi support for the Solana ecosystem!</p><p>Coinstash users can now seamlessly buy and sell Solana tokens (SPL) directly on our platform. This addition builds on our existing support for networks like Ethereum, Polygon, Avalanche, BNB, and many others, further simplifying your crypto investing experience.&nbsp;</p><p>The Solana ecosystem has seen a remarkable surge in popularity over the past year, giving rise to many of this year's most talked-about tokens. With this integration, accessing the latest and most popular Solana tokens is now easier than ever. Whether you’re interested in newly emerging tokens or established favourites, Coinstash provides a secure and convenient gateway to explore the dynamic world of Solana.</p><h2><strong><em>Only Possible on Coinstash</em></strong></h2><p>Until now, Australian crypto traders and investors who wanted access to the Solana ecosystem had to navigate the complexities of managing multiple crypto wallets, apps, or browser extensions to keep track of their assets across various platforms. With this Solana DeFi integration, Australians can now access the world of Solana effortlessly. Our built-in DeFi aggregator allows you to buy and sell SPL tokens directly on Coinstash. We are proud to be the only centralised Australian crypto exchange with native DeFi technology, enabling you to trade DeFi tokens across multiple networks from one secure platform.</p><h2><strong>Seamlessly Trade Solana Tokens Now</strong></h2><p>To start trading Solana tokens, simply <a href="https://coinstash.com.au/auth/signup" rel="noopener noreferrer" target="_blank"><u>sign up</u></a> or <a href="https://coinstash.com.au/auth/signin" rel="noopener noreferrer" target="_blank"><u>login</u></a> to your Coinstash account and select your preferred Solana-based token to trade.&nbsp;</p><p>For any assistance or queries regarding Solana Swaps, feel free to contact our customer support team.</p><p>Happy Trading!</p><p>The Coinstash Team</p>

Coinstash Introduces Support for the Solana Ecosystem

<h1><strong>Spin to Win Up to $7,777 in Prizes</strong></h1><p><span style="font-size: 14px;">Coinstash is celebrating its 7th anniversary, and to show our appreciation to our incredible community, we're giving away up to $7,777 in prizes!</span></p><p><span style="font-size: 14px;">​You have the chance to win fantastic prizes like free crypto, a year of zero trading fees, two tickets to the Australian Crypto Convention, and a grand prize of $5,000 in Bitcoin (BTC).</span></p><p><strong style="font-size: 14px;">Promotion Period</strong><span style="font-size: 14px;">: 17 September 2024, 13:00 AEST – 17 October 2024, 23:59 AEST</span></p><h2><strong>How to Participate:</strong></h2><p><strong style="font-size: 14px;">1. Register</strong><span style="font-size: 14px;">: Enter your Coinstash email address on the </span><a href="https://coinstash.com.au/thewheel" rel="noopener noreferrer" target="_blank" style="font-size: 14px;">Wheel of Crypto Page to register</a><span style="font-size: 14px;">.</span></p><p><span style="font-size: 14px;">​​</span><strong style="font-size: 14px;">2. Trade &amp; Earn Spins:</strong><span style="font-size: 14px;">&nbsp;Trade $700 or more of any coin during the promotion period to earn 3 wheel spins. For every additional $700 traded, you’ll earn 3 more spins. The more you trade, the more spins you get!*</span></p><p><span style="font-size: 14px;">​​</span><strong style="font-size: 14px;">3. Spin to Win</strong><span style="font-size: 14px;">: Try your luck, and the $5,000 in Bitcoin (BTC) could be yours!</span></p>

<h2><strong>Terms and Conditions</strong></h2><p>Promotion Terms and Conditions can be found <a href="https://help.coinstash.com.au/en/article/coinstash-anniversary-wheel-of-crypto-f1yt6u/?bust=1726532131271" rel="noopener noreferrer" target="_blank"><u>here</u></a>.</p>

<p><br></p><p><strong style="font-size: 10px;">Disclaimer</strong><span style="font-size: 10px;">: This article and its contents are intended for informational purposes only, and do not constitute financial advice from TWMT Pty Ltd, trading as Coinstash AU ("Coinstash"). Coinstash is not a licensed financial advisor and does not provide financial advice. You should consider seeking financial, legal, tax or other professional advice to check how the information relates to your unique circumstances. Coinstash shall not be held responsible or liable for any losses, whether due to negligence or otherwise, stemming from the use of, or reliance upon, the information provided directly or indirectly in this article.</span></p>

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