⚖️ Tax & Legal Status
Regulated by SEC, CFTC, FinCEN. Crypto is legal. Regulations vary by state.
IRS treats crypto as property. Short-term gains (under 1 year): ordinary income rates. Long-term: 0%, 15%, or 20%.
⚠️ Not legal advice. Consult a local tax professional.
💡 Local Tips
→Long-term holding (>1 year) often taxed at 0% for most income levels
→Report every crypto-to-crypto trade — each is a taxable event per IRS guidance
→Consider using TaxBit or Koinly for automatic crypto tax reporting
→Non-custodial swaps don't require SSN — you self-report gains to IRS
Most Popular Coins in United States
FAQ
Is crypto exchange legal in United States?
Regulated by SEC, CFTC, FinCEN. Crypto is legal. Regulations vary by state.
Do I need KYC to exchange crypto in United States?
Non-custodial services like CryptoSwapPro don't require KYC for swaps under our limit. $3,000 minimum rule for MSBs. Non-custodial P2P exchanges exempt from MSB registration.
How is crypto taxed in United States?
IRS treats crypto as property. Short-term gains (under 1 year): ordinary income rates. Long-term: 0%, 15%, or 20%.
Can I use CryptoSwapPro from United States?
Yes — CryptoSwapPro is available worldwide including United States. No geo-restrictions, no account needed.