Buy XPLA commission free for 7 days!

Making money with Bitcoin can be achieved in a number of ways, depending on the level of risk you are willing to take and your knowledge of the cryptocurrency market. For example by trading and buying Bitcoin when its price is low and selling when the price rises. Trading can be short-term (day trading), where trades are made within the same day, or long-term, based on broader market trends. It requires market knowledge and risk tolerance.

Another way to earn money with Bitcoin is through Bit2Me Earn, receiving rewards for staking (blocking your cryptocurrencies as network support) or lending your Bitcoin to other users or to the platform. This can be a way to generate rewards with your Bitcoin.

No, you don't have to buy a full Bitcoin. Bitcoin is divisible to 8 decimal places, which means you can buy a fraction of a Bitcoin. The smallest unit of Bitcoin is called "Satoshi", after its creator, Satoshi Nakamoto. One Satoshi is equivalent to 0.00000001 Bitcoin. This makes it possible to buy Bitcoin with small amounts of money, allowing more people to participate in the purchase of Bitcoin without having to buy a full Bitcoin.

Selling Bitcoin involves a combination of financial strategy, market analysis and personal preferences. You can sell Bitcoin very easily through your Bit2Me Wallet or Bit2Me Pro.

Knowing when to sell Bitcoin can take into account several factors such as your short and long-term financial goals, the market situation (during a bull market can maximise your profits, while understanding the signs of a bear market can help you avoid losses), macroeconomic factors, government regulations or significant events within the cryptocurrency space.

Always do your own research and strategy on cryptocurrencies and Bitcoin. Only you will know when to sell Bitcoin.

In Bit2Me we have a highly qualified team in the areas of cybersecurity, legal and compliance focused on the protection of funds, personal data and privacy. At Bit2Me we comply with all applicable laws, both corporate, tax, labour, accounting, commercial... This eliminates the risk of possible problems that could affect the client indirectly. We also have insurance for 150 million in funds with Ledger, ISO security certificates, awards, recognitions, etc.

Bit2Me has Bit2Me Tax, a very useful tool to help you declare your cryptocurrency gains or losses when you sell or exchange your cryptocurrencies for other currencies.

The tax implications of buying, selling, or owning Bitcoin and other cryptocurrencies vary significantly from country to country, and may even change within regions of the same country.

In Spain, if you sell Bitcoin for a higher price than you paid when you bought it, you will be subject to capital gains tax. Generally, it is necessary to declare your cryptocurrency transactions on your tax return, including purchases, sales, exchanges, and sometimes even cryptocurrency mining.

To avoid tax problems, it is vital to be properly informed about your country's tax laws regarding cryptocurrencies and to follow all relevant regulations. Consulting with a tax advisor who has experience with cryptocurrencies can provide personalised guidance and help you comply with your tax obligations properly.