QASH Token – All Details at a Glance

The QASH Token is the crypto currency of the QUOINE LIQUID platform. The development is intended to create a global, decentralized platform that solves the liquidity problems of the crypto currencies and simplifies the purchase and exchange of coins.

QASH Token – What is this Ethereum code?

The QASH crypto currency is an ERC20 token, so it is based on the Ethereum blockchain as shown here Is Ethereum Code a Scam? Beware, Read our Review First. The primary function of the token is to serve as a means of payment within the platform for different services. In addition, holding tokens on the QASH wallet should also be rewarded with benefits and give the opportunity to invest in initial Ethereum code coin offerings that take place on the QASH platform. According to the developers, the token has the potential to replace Bitcoin as a means of payment.

The main goal of the development is the QUOINE LIQUID platform. This platform aims to bring liquidity to the crypto currency business. Many traders face the problem that most crypto currencies are tradable on a small number of exchanges. If one would like to exchange between the different coins, this project usually includes several accounts on different stock exchanges, several conversions to Bitcoin/Ether or the purchase with Fiat money. Or in short: It can be extremely cumbersome. In addition, there are multiple fees involved. The QUOINE LIQUID platform connects these exchange exchanges with each other.

This is done, among other things, by onlinebetrug

This collects all prices of the exchanges and makes them available in a clear list on onlinebetrug. Thus the trader sees immediately the cheapest price of the desired crypto currency. At the same time, this system also gives unknown and small exchange exchanges the chance to be discovered. With two “books”, the Internal Order Book and the External Aggregate Order Book, the onlinebetrug platform is supposed to create exchange pairs between two currencies, which otherwise would not exist, because the crypto currencies are distributed on different exchange exchanges.

In most cases, an alternative coin can only be exchanged for Bitcoin or ether, but this should make it possible to create completely new exchange pairs. Several technologies make these transactions possible: Matching Engine is able to process several million transactions per second. The Cross Currency Conversion Engine automates the conversion of crypto currencies into each other and makes them possible. Finally, there is Smart Order Routing, which monitors and lists the exchange exchanges. Prime Brokerage is like the user interface of the platform. This gives you access to the exchanges as if you had an account there. This is what makes trading possible in the first place.

Tax return: Crypto currencies interest the tax office

Compared to December 7, 2017, the losses at Bitcoin are still huge. Those who entered the crypto currency late have driven their crypto portfolio deep into the red. A bitter experience for sure.

Investors who had already seen the Bitcoin revolution

Were able to rejoice in the rich profits. We have read time and again that crypto currencies have turned smart investors into millionaires. The more digital Is Bitcoin Revolution a Scam? Beware, Read our Review First currencies move into focus as investment and speculation objects, the more important some questions become.

It is not an official means of payment, but profits are also interesting for the tax office. Who obtains a yield from its commitment in crypto currencies, must pay taxes on it. This principle applies to all investors in Germany. The question is at the end, how exactly the Investment is to be taxed.

Capital gain versus capital gain

Crypto currencies are not an idea that only came into being in 2017, they have been around for much longer. However, last year the hype hit the ground running. In principle, investors can now pursue different approaches in trading with digital currencies.

On the one hand, there is the purchase of individual currency units. Crypto exchanges and swap exchanges are still the main starting points for this. Traders will be less interested in mining. The second way leads via indirect investments. It is about derivatives which are offered by brokers such as Plus500 or eToro and IQ Option. Which platform has the most potential here doesn’t matter at the moment and can be read at Forexbroker.de.

It is important that the profits from both approaches are taxed differently in each case. These are capital gains and capital gains. What do the rules look like in practice?