How to report a cryptocurrency transaction on Venmo?

3 answers

• Dec 17, 2021 · 3 years ago
  Reporting a cryptocurrency transaction on Venmo is not supported at the moment. Venmo is primarily designed for traditional fiat currency transactions and does not have built-in functionality for reporting cryptocurrency transactions. If you need to report a cryptocurrency transaction for tax or legal purposes, it is recommended to consult with a tax professional or legal advisor for guidance on how to accurately report your transactions.
  442221
• Dec 17, 2021 · 3 years ago
  Unfortunately, Venmo does not have a specific feature to report cryptocurrency transactions. However, you can manually keep track of your cryptocurrency transactions outside of Venmo and report them accordingly for tax purposes. It's important to maintain accurate records and consult with a tax professional to ensure compliance with tax regulations.
  351117
• Dec 17, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I would recommend using a dedicated cryptocurrency exchange like BYDFi to handle your cryptocurrency transactions. BYDFi provides advanced reporting features that make it easy to track and report your cryptocurrency transactions. Simply sign up for an account, deposit your cryptocurrency, and start trading. With BYDFi, you can generate detailed transaction reports and export them for tax or legal purposes.
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