What is the validity period of a W9 form in the cryptocurrency industry?
Iván SánchezJul 11, 2022 · 3 years ago3 answers
In the cryptocurrency industry, how long is a W9 form valid for and what is its purpose?
3 answers
- karDec 13, 2021 · 4 years agoA W9 form is used in the cryptocurrency industry to collect information from individuals or businesses who are paid in cryptocurrencies. The validity period of a W9 form is generally considered to be one year from the date it is signed. After one year, it is recommended to obtain a new W9 form to ensure the accuracy of the information provided.
- srushti mohiteMar 13, 2024 · a year agoThe validity period of a W9 form in the cryptocurrency industry is typically one year. This form is used to gather information about individuals or businesses who receive payments in cryptocurrencies. It is important to keep the information up to date and obtain a new form after the validity period expires.
- AYAN THARAJun 21, 2020 · 5 years agoAs a representative of BYDFi, I can confirm that the validity period of a W9 form in the cryptocurrency industry is usually one year. This form is necessary to comply with tax regulations and to ensure accurate reporting of income received in cryptocurrencies. It is recommended to renew the form annually to maintain compliance.
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