where to trade crypto options

TurboTax Tip: Cryptocurrency exchanges won't be required to send 1099-B forms until tax year 2023. If you don’t receive a Form 1099-B from your crypto exchange, you must still report all crypto sales or exchanges on your taxes. Divly automatically calculates the cost basis of every cryptocurrency you have transacted with. The cost basis is the same thing as the price you paid to purchase your cryptocurrency (including associated trading fees). In April, exchanges BitInstant and Mt. Gox experienced processing delays due to insufficient capacity resulting in the bitcoin price dropping from $266 to $76 before returning to $160 within six hours. The bitcoin price rose to $259 on 10 April, but then crashed by 83 to $45 over crypto market cap explained the next three days.