I am still noob level in this game. Yesterday I heard about the term/concept of "Sell Tax". I was exposed to the concept while watching how to create a meme token on YouTube. Then looking around more I came across Buy Tax; mind blown!!
Now I am a bit intrigued.
So looking through the coins I have; I found one with a Sell Tax of 2.5%, PIKAMOON (PIKA).
Now even more intrigued which brings me here today.
Since PIKA has only been on the exchanges for a few weeks, I wanted to see how much they would have made from all the sell volume since launch.
This brings me here today with questions.
- Is there a free data source I can pull from? The few I have looked at so far, Birdseye, CMC, CoinGecko, all charge for historic data.
- If anyone can help me pull the data for PIKAMOON (PIKA) that would be sweet. Since this is more of a curiosity for me, I can justify spending $45 on a monthly subscription to the pro tools.
- Is my thinking correct that 2.5% of each sale goes back to the coin creators? Or is there more to it than just that?
- I am surprised I haven't seen or heard about this in any of the other channels. Is Sell and Buy Tax not common?
Over the last couple of years I have just bought and held. I have never experienced buy or sell tax first hand yet, other than the price of gas that is.
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