A15. Your gain or loss is the difference between the fair market value of the services you received and your adjusted basis in the virtual currency exchanged. For more information on gain or loss from sales or exchanges, see Publication 544, Sales and Other Dispositions of Assets. Join the waitlist here. Does the exchange have a reputation as a secure and reliable platform? Finder has reviewed a number of crypto exchanges to craft a list of the best crypto exchanges in the US.
This app is also available to residents of other countries including Singapore. So if you’re based in Singapore and looking for a reputable cryptocurrency exchange, be sure to give Crypto.com Exchange a try! Exchange Comparison