What is a Crypto LLC & how does it work?

A crypto LLC, whether a crypto mining LLC or an LLC for crypto investing, will keep your crypto business activity separated from your personal finances, which can prove helpful during tax season. How are LLCs taxed? LLCs provide the benefits and flexibility of a corporation without having to pay taxes at corporate and individual tax rate levels.

Should you register as an LLC for cryptocurrency trading?

Put simply, registering as an LLC for cryptocurrency trading offers the best asset protection, at least when compared to trading as an individual. As an LLC, you'll have more allowances and more flexibility from trading.

What is a crypto trading strategy?

A trading strategy is simply a plan that you will follow when executing your trades. It will comprise the kind of assets to invest in, the frequency of your trades, and your investments’ size. In this section, we will discuss some of the most common crypto trading strategies.

Why should you trade cryptocurrencies?

Traders (not investors) live off market volatility. The crypto market has this in troves, and this means that as a trader, you will get better trading opportunities with the cryptocurrency market as opposed to the stock market. Privacy and anonymity. If you’re big on your right to privacy, then you will love cryptocurrency trading.