its legal but if you don't pay the taxes on the profit from trading then it is illegal, tax evasion.
Idk if your in the USA or what the laws are where you live.
Generally the rates for bitcoin > are 10-15% on forums
I have a limit of £6000 a week for purchasing bitcoin, my question to you guys is how could i profit from that? i don't want to deal with paypal so exchanging btc to paypal for 10% profit is out of the question, other sites like skrill etc i'm still looking into. Coinbase is 1:1 with a small fee, and technically it's legal to exchange currency for profit right? 6000 in and out of bank constantly is going to raise flags but if it's legal that shouldn't be an issue. Just looking for some answers since i'm not well versed with currency exchanging, open to pretty much anything related to this.
its legal but if you don't pay the taxes on the profit from trading then it is illegal, tax evasion.
Idk if your in the USA or what the laws are where you live.
10-15% will goes to scammer's profit. I was once thinking to make money over that but i ended up been scammed by paypal chargeback.