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As a technical matter, it will be cheap and convenient for an Ethereum user to buy $200 of an asset one hundred times instead of $20,000 of that asset once. Pr
by spir 7y ago
As a technical matter, it will be cheap and convenient for an Ethereum user to buy $200 of an asset one hundred times instead of $20,000 of that asset once.
Programmatic money has a blurring effect on the definition of a "transaction".
- paulmd 7y agoAnd that would be structuring which the exchange will note and report to the IRS and will end with you in a court room and/or jail cell.
- Sargos 7y agoWhy would you do this on a centralized exchange in the first place? They are good for changing USD into crypto and vice versa but any kind of trading is much easier on a dex such as Uniswap or the like.