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[Give Away] Crypto Miner Noob Question

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BizWithBruce

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If this is the wrong forum then please point me in the right direction and I will move the post.

I would like to find out from the Crypto Miners which services they use. I mine to Luno wallet then convert it to ZAR wallet in Luno which they charge a 2% fee. Then transfer from Luno to my ZAR bank account. Which service do you use?


FYI
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You can look at localbitcoins as an option.

If your taking fixed payouts via Luno these would potentially be shared with SARS and may be subject to income tax. Just a heads up


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Thanks for the info. No issue with SARS , i am an accountant with 22years experience with them. I did look at bitcoins and they charge a fee for recieving bitcoin and for sending. So there Luno is better.
 
This is the wrong place for this thread ... Ill answ3er you question but then I suggest either removing your thread and putting it in the smack talk section or deleting it before the mods do.

However, you dont need to be paying 2% for Luno to transfer to rands. They only change 2% for instant sale on the app which is to mitigate their risk of the price changing.

But if you use the trade platform, you can either pay 0% fees as a maker or 0.1% fee as a taker. To get 0%, you need to set a price for you btc to sell slightly higher than the market price and if the price goes up to that point and your btc, you will get no fees. If you dont want to take the chance of setting a higher price and then the market going down, you can just buy at the market price which will then charge you the 0.1% taker fee
 
Thanks will delete. If i find out how to. I might just make a youtube video on how this maker taker thing works
 
Hello @BizWithBruce,

We are changing the status of this ticket to closed as we have not heard back from you in 7 days.
 
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