📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
#Creator Incentive: Post to Unlock $2,000#
Do you Know How US (United Staes) Tax Crypto
United States:
The Internal Revenue Service (IRS) treats cryptocurrency as property. This means capital gains tax applies when crypto is sold, traded, or spent. The tax rate depends on how long the crypto is held:
Short-term gains (held under a year) – Taxed like regular income (10% to 37%).
Long-term gains (held over a year) – Taxed at 0%, 15%, or 20%, depending on your income.
If crypto is earned as income, such as through mining or staking, it is subject to income tax at the person’s regular tax rate. The IRS also requires crypto brokers to report transactions on Form 1099-DA starting in 2025.
Crypto losses can be used to offset gains, and investors can deduct up to $3,000 per year against ordinary income.