What is the difference between w8 and w9 in the context of cryptocurrencies?

3 answers

• Nov 26, 2021 · 3 years ago
  W8 and W9 are not specific terms related to cryptocurrencies. W8 and W9 are actually tax forms used in the United States. W8 is a form used by non-U.S. individuals or entities to certify their foreign status, while W9 is used by U.S. individuals or entities to provide their taxpayer identification number. These forms are used for tax reporting purposes and are not directly related to cryptocurrencies.
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• Nov 26, 2021 · 3 years ago
  In the context of cryptocurrencies, W8 and W9 may refer to wallet addresses. A wallet address is a unique identifier that is used to send and receive cryptocurrencies. W8 and W9 could be different types of wallet addresses, each with its own characteristics and purposes. It's important to note that the specific meaning of W8 and W9 in this context may vary depending on the cryptocurrency platform or service you are using. It's recommended to consult the platform's documentation or support team for more information.
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• Nov 26, 2021 · 3 years ago
  At BYDFi, we don't use the terms W8 and W9 in the context of cryptocurrencies. However, it's possible that other platforms or services may use these terms to refer to specific features or functionalities. It's always a good idea to familiarize yourself with the terminology and features of the platform you are using to ensure a better understanding of its functionalities and capabilities.
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