Dhiraj Nallapaneni is a Crypto Tax Writer at CoinLedger. As an Economics degree holder from the University of California Santa Barbara, he’s well versed in topics like cryptocurrency markets and taxation.
Reviewed by:
David Kemmerer
Reviewed by:
David Kemmerer
Co-Founder & CEO
David Kemmerer is the Co-Founder and CEO of CoinLedger. David has been deeply involved with the cryptocurrency industry since 2017.
Our Editorial Standards:
Our content is designed to educate the 500,000+ crypto investors who use the CoinLedger platform. Though our articles are for informational purposes only, they are written in accordance with the latest guidelines from tax agencies around the world and reviewed by certified tax professionals before publication. Learn More
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Frequently asked questions
Which is bigger — Coinbase or Binance?
Binance is the world’s largest platform in terms of trading volume, while Coinbase is one of the most popular exchanges in the United States.
Can US citizens use Binance?
Currently, the Binance global platform is not available in the US. US citizens can use Binance.US, a platform specifically designed to comply with American crypto regulations.
What are the disadvantages of Binance?
Binance's disadvantages include its complex interface for beginners, limited features on Binance.US, and past regulatory and security issues.
What is the safest crypto exchange?
Coinbase has never been hacked in its history and is considered one of the most secure and trustworthy exchanges in the world.
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Written by:
Dhiraj Nallapaneni
Crypto Tax Writer
Dhiraj Nallapaneni is a Crypto Tax Writer at CoinLedger. As an Economics degree holder from the University of California Santa Barbara, he’s well versed in topics like cryptocurrency markets and taxation.
This guide breaks down everything you need to know about cryptocurrency taxes, from the high level tax implications to the actual crypto tax forms you need to fill out.