Episode Details

The episode you’ve all been waiting for, this week Tommy Honan joins us to break down what Staking is and how you can get started. 

We Chat:

• What Staking is
• How rewards come into play and what we’ve seen in the past
• How to stake, both on Swyftx and across the world 
• What you need to consider before you ‘lockup’ your assets
• The difference between airdrops and staking 
• Tax Implications

…. And a whole lot more! 

The ATO’s latest advice on Staking can be found here - https://www.ato.gov.au/General/gen/tax-treatment-of-crypto-currencies-in-australia---specifically-bitcoin/?anchor=Transactingwithcryptocurrency#Stakingrewardsandairdrops 

Ready to start? Get $10 of FREE Bitcoin on Swyftx when you Sign up & Verify - https://trade.swyftx.com.au/register/?promoRef=tappingintocrypto10btc 

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If you can’t wait to learn more check out these blogs from our friends over at Swyftx - https://swyftx.com/learn/ 

The Tapping into Crypto podcast is for entertainment purposes only and the opinions on this podcast belong to individuals and are not affiliated with any companies mentioned. Any advice is general in nature and does not take into account your personal situation, if you're looking to get advice, please seek out a licensed financial advisor.