Coinbase is offering select
Coinbase Members: $3 in KAVA Cryptocurrency for
Free when you login to your account and
start the course/tutorial provided and answer (
3) questions/quiz (please be sure to select the
Kava KAVA tab to start the course).
Thanks to community member
anothauserhere for finding this deal
Note, offer is valid for qualifying Coinbase members; login to check if you qualify/have offer. Account must verify ID to be eligible to complete quiz offer
You will
receive $1 (
in the form of KAVA cryptocurrency) for each answer you receive correct automatically added to your account. You will also receive an email to confirm this.
Some Q&A may include:
- (Earn $1)
- How does KAVA Rise fuel protocol growth on the KAVA network?
- Through a combination of onchain incentives and offchain developer resources
- (Earn $1)
- What are the 3 main steps to start earning rewards through KAVA Rise?
- (Earn $1)
- How do KAVA token holder help fuel growth on the network?
- By staking their KAVA to vote on KavaDAO proposals that control the network's resources
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Gotcha. Thanks for the clarification. So, if I sell at a loss I am not taxed at the full amount which is what the other poster was claiming.
Is the statement I was responding to. This implies that if the asset become worthless($0) I would still owe tax on $3. That is false. Feel free to go back and reread the thread.
Even if you don't sell, your crypto earned has to be reported in the same year you earned it. Though tbh I haven't seen irs come after taxes on $3. Keep in mind when you do your taxes, there is that incriminating statement of you receiving or selling crypto in the tax year and if you don't answer correctly, that is considered a false statement so proceed cautiously. You don't know about the penalties of these questions which serve as a catch-all
This is what it looks like on the Coinbase summary listing Misc Income and Realized Loss.
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Same!