Does bitrue require KYC?

Bitrue doesn’t have mandatory KYC - it’s only if you want to withdraw large amounts daily that you’ll need to complete KYC verification. With this in mind, it’s unlikely that Bitrue is issuing 1099 forms to users or the IRS. Does Bitrue supply a financial statement? No, Bitrue does not supply a financial statement.

Is bitrue a good cryptocurrency exchange?

Bitrue is a centralized exchange based in Singapore. It was established in 2018 and currently offers over 590 cryptocurrencies for trading. Additionally, the exchange processes over $3B in 24-hour volume and has over 1250 trading pairs, and is best for traders who are interested in yield farming. They have a simple two-step sign process.

Does bitrue provide tax reports?

No, Bitrue does not provide tax reports. It is difficult for any crypto exchange platform or wallet provider to provide a blanket tax report because crypto investors generally aren’t using just one exchange or wallet. However, Bitrue lets you download a CSV file of your transaction history that can be imported into crypto tax software.

What is bitrue (BTR)?

Like many other exchanges, Bitrue has a native token (BTR) providing users opportunities to save or earn money through it. Bitrue was created by cryptocurrency enthusiasts in 2018. Bitrue has several offices in the USA, Europe, and Asia.