You are viewing a single comment's thread from:

RE: How to grow your crypto investment completely tax free (US residents)

in #tax7 years ago

Really enjoyed this post and want to thank you for its thoroughness. I did have a question though and would appreciate your input/feedback.

You mention setting up an institutional account with itBit, buying Bitcoin, and then transferring to a Bittrex institutional account. Just curious - why couldn't I just go straight to Bittrex and skip the itBit part (if Bittrex would accept my IRA LLC)? I guess I don't understand why that "itBit step" is needed?

Thanks again for the post!

Coin Marketplace

STEEM 0.16
TRX 0.15
JST 0.028
BTC 54016.63
ETH 2289.57
USDT 1.00
SBD 2.29