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What are the typical turnaround times for obtaining a W-9 form for cryptocurrency-related transactions?

avatarKehoe VaughanJan 12, 2022 · 3 years ago3 answers

Can you provide information on the average time it takes to obtain a W-9 form for transactions involving cryptocurrencies? How long does it usually take to get the form after submitting the request?

What are the typical turnaround times for obtaining a W-9 form for cryptocurrency-related transactions?

3 answers

  • avatarJan 12, 2022 · 3 years ago
    Obtaining a W-9 form for cryptocurrency-related transactions usually takes around 2-3 business days. After submitting the request, the form is typically processed within this timeframe. However, it's important to note that the exact turnaround time may vary depending on the specific platform or exchange you are dealing with. Some platforms may have a more streamlined process, while others may take longer to process the request. It's always a good idea to check with the platform or exchange directly for the most accurate information.
  • avatarJan 12, 2022 · 3 years ago
    Getting a W-9 form for cryptocurrency transactions can be a bit of a waiting game. On average, it takes about 2-3 business days to receive the form after submitting the request. However, keep in mind that this timeframe can vary depending on the platform or exchange you're using. Some platforms may have a faster processing time, while others may take a bit longer. If you're in a hurry, it's worth reaching out to the platform's customer support to see if they can expedite the process for you.
  • avatarJan 12, 2022 · 3 years ago
    At BYDFi, the typical turnaround time for obtaining a W-9 form for cryptocurrency-related transactions is around 2-3 business days. Once you submit the request, our team works diligently to process it as quickly as possible. However, please note that the exact timeframe may vary depending on the volume of requests we receive. Rest assured, we strive to provide a smooth and efficient experience for all our users.