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Many people have been asking us this question, so we’ve done our best to explain everything in simple terms in this article. If you still have questions after reading, feel free to contact us – we'll be happy to help!
Income from Stay Liquid is generally considered investment income and should be reported on your annual tax return. It is taxed at your marginal tax rate, so be sure to keep detailed records of your transactions for accurate reporting. You can download a complete list of your transactions directly from our application. However, it is important to consult with a tax professional, as Stay Liquid does not provide financial advice.
We currently support Euros and British Pounds as the currencies available in our application. Regarding supported countries, as of the time of writing this FAQ, we accept residents from 187 countries. However, this list is subject to updates. While this covers the majority of countries, you can verify if your country is supported by referring to this file.
There is a minimum deposit requirement of €1000/£1000 for our business customers.
There are no limits on the frequency of your withdrawals. Need money? Withdraw! Withdrawals typically arrive in your external bank account within 10 minutes. However, depending on your bank, the withdrawal amount, or other factors, the processing time may be longer.
If you have any issues or questions, feel free to reach out to our support team using this contact form or by emailing us at care@stayliquid.co. We’ll respond promptly.
