Can You Claim Crypto Losses on Taxes? What Counts and How Much
Yes, once you sell, swap or spend crypto for less than you paid. Which losses count on your 2026 return, the $3,000 yearly limit, carryforwards and scam losses.
Archive
Author: LakeBTC Editorial Team
LakeBTC guides are drafted with AI research assistance and are fact-checked, edited, and approved by a human editor before publication.
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Coinbase Withdrawal Code Text: Why You Got It and What to Do
A text with a Coinbase withdrawal code and a number to call is a scam. Here’s how to tell it from a real 2-step code, and exactly what to do if you called, shared a code or sent crypto.
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Do You Pay Taxes on Crypto Before Withdrawal? What Is Taxed and the Scam to Avoid
Withdrawing crypto or cash from your own account isn’t what US tax is based on: selling, swapping, spending and earning are. Here is when you pay, how much, and why a platform asking for tax before it releases your money is a scam sign.
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USDC vs USDT: What Backs Each Coin and Which Network to Use
USDC and USDT both aim to stay at $1, but they hold different reserves, live on partly different networks and face US rules differently from January 2027. Here are the dated numbers and the checks to run before you send either one.
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What Is a Hardware Wallet? What It Protects and What It Does Not
A hardware wallet keeps your private key offline and signs transactions inside the device. Here is how it works, how it compares with hot wallets and exchanges, and the risks it cannot stop.
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What Is a Gas Fee? How Ethereum Fees Work and How to Pay Less
A gas fee is what you pay the Ethereum network to process a transaction. Here is how it is calculated, why it spikes, why failed transactions still cost gas, and how to pay less.
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Form 1099-DA: What It Shows and Where It Goes on Your Return
Form 1099-DA lists the crypto sales and trades a US broker handled for you. Here is what each box means, what changes from 2026, and how to report it when the basis is missing or wrong.
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What Is a Seed Phrase? How the 12 to 24 Words Work
A seed phrase is the list of 12 to 24 words that rebuilds the keys your crypto wallet made from it. Here is how it works, why the order matters, and how to store it so nobody else can use it.
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How to Enable and Send Bitcoin on Cash App
Bitcoin on Cash App sits in a custodial account, so enabling and verifying identity comes before any transfer. This guide covers setup steps, sending, withdrawal, and fee mechanics.
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How to Move Crypto from Coinbase to a Cold Wallet
Moving crypto off Coinbase into cold storage requires an on-chain send to an external address, unlike free instant transfers between Coinbase users.
