In February of 2018, Coinbase, one of the world’s most popular cryptocurrency exchanges, announced that it would not be adding any new digital assets to its platform. This was a surprising move, as Coinbase had previously been very open to listing new coins.
However, the company stated that it would not be adding any new assets “until we are confident in their long-term viability”.
Since then, there have been a number of new developments in the world of cryptocurrency, and Coinbase has listed a few new assets. However, Phoneum is not one of them.
NOTE: WARNING: Coinbase does not accept Phoneum as a form of payment. Any offers that claim to accept Phoneum as a form of payment are likely fraudulent and should be avoided.
So, does Coinbase accept Phoneum?
The short answer is no. Coinbase does not currently support Phoneum.
This is not to say that Coinbase will never support Phoneum. The exchange has been known to change its mind on which assets it will list in the past.
However, for now, Coinbase does not appear to be interested in listing Phoneum.
8 Related Question Answers Found
It’s no secret that Coinbase is one of the most popular cryptocurrency exchanges out there. But what about customer support? Does Coinbase have a phone number?
As of now, Coinbase does not have a support phone number that customers can call. However, they are available through email and their social media channels. Some people have been able to get in touch with customer support by tweeting @coinbase or @coinbasesupport.
When it comes to taxes, there are a lot of questions that come up. One of the most popular questions is “Does Coinbase Send Tax Forms?” Here’s what you need to know. The IRS requires Coinbase to report all transactions over $20,000.
As the world’s largest cryptocurrency exchange, Coinbase is often thought of as the go-to place for buying and selling Bitcoin, Ethereum, and other digital assets. But Coinbase is also a popular choice for those looking to store their cryptocurrencies long-term. So, does Coinbase provide tax forms?
If you’re one of the millions of people who trade cryptocurrencies, you may be wondering if Coinbase sends tax documents. The answer is: it depends. If you’re a US-based customer, Coinbase will send you a 1099-K form for any year in which you’ve made over $20,000 in trades.
Cryptocurrency exchange Coinbase has said it is working with TaxBit to help its users better comply with tax lAWS. The announcement comes as the US Internal Revenue Service (IRS) prepares to send out more than 10,000 letters to US taxpayers who have not properly reported their cryptocurrency transactions. Coinbase has said that it will provide users with a “Cost Basis Methodology” report, which will show how much each cryptocurrency was worth at the time it was bought or sold.
As the largest US cryptocurrency exchange, Coinbase is under constant scrutiny from the IRS. In 2017, the IRS issued a John Doe summons to Coinbase, seeking information on all US customers who had made transactions worth $20,000 or more from 2013 to 2015. Coinbase fought the summons in court and eventually won, but the IRS has since issued a narrower summons for information on customers who have made trades worth $20,000 or more from 2015 to 2017.
As of late, there has been much talk about whether or not Coinbase has custodial accounts. For those who don’t know, a custodial account is an account where the private keys are held by a third party. In the case of Coinbase, this would be the company itself.