MultiversX Tracker is Live!

Can US LLC buy bitcoin and transfer it to private wallet? how?

Bitcoin Reddit

More / Bitcoin Reddit 82 Views

Has anyone bought bitcoin using an LLC bank account, and transferred it to a private wallet (as opposed to holding it on an exchange / with some custodian)? If so, where did you buy the BTC? How does that work in terms of accounting / paperwork?

I am a non-US citizen and I do not want to withdraw the money first as that would create a tax obligation for me (based on my country's tax laws). Therefore I'd like to hold the money in the LLC for the long-term, but keep it in a private wallet without having to trust a custodian. Possible?

submitted by /u/OpportunityKind1183
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments