Does the Gate.io cryptocurrency platform report to IRS?
Asked 4 years ago
How secure is this platform? Do they report the transactions to IRS?
Andia Rispah Igobwa
Tuesday, March 15, 2022
Yes, they do. Most legit exchanges require customers to go through a "know your customer" (KYC) process before using the exchange. KYC is important to prevent illegal activities, such as tax evasion and ensure everyone pays their fair share. If an exchange doesn't do KYC, it could be more vulnerable to illegal activity.
Please follow our Community Guidelines
Related Articles

What You Need to Know About Investing in Multiple Cryptocurrencies
Filip Dimkovski
May 25, 2021

What You Need to Know About the Winiford Cryptocurrency Trading Platform
Andrew Moran
May 27, 2021

Guide: How to Day Trade Forex Successfully for Beginners
Andrew Moran
December 23, 2024
Related Posts
Can't find what you're looking for?