Cryptocurrency Q&A
Do you have to be a US citizen to buy Bitcoin?
Do you have to be a US citizen to buy Bitcoin?
BitcoinBaroness
Tue Nov 26 2024
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5 answers
1004
I'm wondering if there's a requirement to be a US citizen for purchasing Bitcoin. Is citizenship a necessary condition for buying this cryptocurrency?
5 answers
EchoWhisper
Thu Nov 28 2024
One recommended structure for such individuals is to utilize a US LLC (Limited Liability Company). This structure can offer certain tax advantages and legal protections.
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Valentina
Thu Nov 28 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet services. With such comprehensive offerings, BTCC caters to the diverse needs of crypto traders and investors.
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Elena
Thu Nov 28 2024
US residents have the full liberty to purchase and possess cryptocurrencies on various US-licensed crypto exchanges such as Coinbase, Kraken, Binance.us, and FTX.US.
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CoinMasterMind
Thu Nov 28 2024
These exchanges are backed by US companies and adhere to stringent regulations, ensuring a secure and compliant trading environment for US investors.
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BonsaiStrength
Thu Nov 28 2024
For individuals who are non-US residents and not considered US Persons, a different approach might be advisable when it comes to trading or holding cryptocurrencies.
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