Why Cryptocurrency Exchanges Can’t Generate Accurate Tax Reports

Any time you use multiple exchanges to trade or sell cryptocurrency, those exchanges lose the ability to provide you with accurate records of your capital gains and losses. The right hand doesn’t know what the left hand is doing, and that’s the nature of blockchain technology. The nature of blockchain technology is also that the record for …Any time you use multiple exchanges to trade or sell cryptocurrency, those exchanges lose the ability to provide you with accurate records of your capital gains and losses. The right hand doesn’t know what the left hand is doing, and that’s the nature of blockchain technology. The nature of blockchain technology is also that the record for …Read More