Coinbase was forced by the IRS to handle them out the data (source)
That's also a reason why a lot of people switched to Binance because you don't need KYC stuff (verifing your identity)
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Coinbase was forced by the IRS to handle them out the data (source)
That's also a reason why a lot of people switched to Binance because you don't need KYC stuff (verifing your identity)
wow yeah, in my opinion you can go for exchanges like this. Although I think is absurd that you are taxed for each transaction you make.
Not true...Binance requires you to input Google info. This links your identity to a traceable source.
It's easier to be honest and keep good books.
Peace.