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For how many days is a W9 form acceptable for cryptocurrency-related activities?

avatarDanh_codeNov 23, 2021 · 3 years ago3 answers

How long is a W9 form valid for when used for cryptocurrency-related activities?

For how many days is a W9 form acceptable for cryptocurrency-related activities?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    A W9 form is typically valid for one year when used for cryptocurrency-related activities. However, it's always a good idea to check with the specific cryptocurrency exchange or platform you are using, as their requirements may vary. It's important to keep your W9 form up to date to ensure compliance with tax regulations and to avoid any potential issues with your cryptocurrency transactions.
  • avatarNov 23, 2021 · 3 years ago
    The validity of a W9 form for cryptocurrency-related activities depends on the exchange or platform you are using. Some may require a new W9 form every year, while others may have different timeframes. It's best to consult the exchange's documentation or contact their support team to get accurate information on how long your W9 form will remain valid for cryptocurrency-related activities.
  • avatarNov 23, 2021 · 3 years ago
    At BYDFi, a W9 form is valid for 365 days when used for cryptocurrency-related activities. It's important to keep your W9 form up to date and renew it annually to ensure compliance with tax regulations. If you have any further questions regarding the validity of a W9 form for cryptocurrency-related activities, feel free to reach out to our support team for assistance.