is a digital money platform with more than 1.7 million customers globally and almost $6 billion in transactions to date. ... Customers can trade with zero commissions, or send funds to virtually anyone, worldwide, free of charge, including payments to businesses and employees. A little-known fact is that crypto exchanges, such as Coinbase, Kraken, Binance.us, Gemini and Uphold, report user transactions to the IRS. During any tax year, if you received proceeds of more than $20,000 through a crypto exchange, you will get a Form 1099-K.