Post
Topic
Board Mining (Altcoins)
Re: Etherium mining, staking or not and auto selling at the same time,regulated?
by
jimlaman8
on 05/08/2021, 16:19:00 UTC
is there any reason why you use exodus when you explicitly sated that you have an offline ledger? is it for making online transactions/small transactions?

if that's the case, i also suggest you to change your wallet. use a live os with metamask or other noncustodial wallet or buy another ledger for your hot wallet.

Well i guess that was part of my question.  If i used the offline ledger, how can i setup automatic monthly withdrawals to my bank account (havent got this far yet).

Whats the advantage of live os with metamask, curious?

In my case is the only recourse to do a wallet to wallet (manual) transfer of so many eth each month to an exchange then sell that amount and transfer to my bank (IE: coinbase)?  How (usa) does this go as 1099 and not a cap gains tax though?(I thought i read 1099 income type).

If there is a way to put the coin in a ledger address and somehow automatically pull from there once a month to sell i guess i would, though i'd think either way there will be transfer gas/fees involved?