What it will be
Lawmakers have proposed applying a wash sale rule to crypto, like the one that already applies to stocks. Under a rule like that, selling a coin at a loss and buying it back too soon can mean the loss does not count.
The laundromat will help you keep track of that waiting period: record a sale, see the date the waiting period ends, and add a reminder to your own calendar.
- Free to use.
- No account, no email address, no phone number.
- Your crypto stays in your own wallet the whole time. The laundromat never holds it.
Why it's not open yet
The rule is a proposal, not law. The laundromat will open if and when there is a final rule to follow, so its dates match what the rule actually says.
In the meantime
The dump is open: buy a ticket for 5 USDM, bring your dead tokens, and get 2.50 USDM back.
Visit the dump