RATE Group | Apex Crypto Adds Silver Cost Basis to Its Unparalleled Cryptocurrency Platform through P…
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Apex Crypto Adds Silver Cost Basis to Its Unparalleled Cryptocurrency Platform through P…

13 Nov Apex Crypto Adds Silver Cost Basis to Its Unparalleled Cryptocurrency Platform through P…

Posted at 03:02h in Cryptocurrency News by

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CHICAGO, Nov. 12, 2019 /PRNewswire/ — Apex Crypto, the first-of-its-kind cryptocurrency platform that provides a seamless and effective way to introduce customers to digital currency trading through partnerships with broker-dealers and financial advisors, today announced its real-time integration with Silver Cost Basis (Silver), the industry’s leading regulatory cost-basis solution for cryptocurrencies.

Through its integration with Silver, Apex Crypto facilitates compliance with IRS cryptocurrency guidance, including Notice 2014-21 and the more recent Revenue Ruling 2019-24 and updated FAQs, as well as provides real-time realized and unrealized gain/loss analysis and fully compliant investor tax information statements.

“As market demand for cryptocurrency continues to grow, the Apex Crypto platform allows broker-dealers and financial advisors the ability to provide their clients with direct access to this important asset class,” said Edward Haravon, Chief Operating…

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