calambacle
Returning Member

Crypto gift recipient to report transactions or not?

My dad bought some ETH on his Coinbase, then sent them to my Binance.

Then I used the ETH to buy the Altcoins and trade them for the other coins as well. Mostly, he wanted me to make the buy/trade only under his approval.

In this case, my dad needs to disclose the ETH as a gift. Then who has to report the transactions on my Binance? Is it my dad?