If i buy btc as instution

[OpenCryptoSystem]

If i do this i buy btc as instution .

For example i create company and buy btc as instution
From what exchanger i should do that ?
What exchanger is best to buy as limited company or sale trader
And how to do best ways ? Anyone got experince?

[Welsh]

Is there any reason that you would want to create a business to be able to do this? Most countries, have something like "self employed", which you might be able to do permitted that you fit all the criteria. There will likely be additional costs when you open a company. I do believe some countries allow you to register as a Bitcoin trader, and as long as you present your earnings to the tax man, then that's all you have to do. Its probably best to learn about your local laws about trading, and Bitcoin.

As for the best Bitcoin exchanges, then Coinbase probably is the most known among the options, and might offer specific benefits to trading as a company, however it really is down to what you are looking for. If you are looking for the least fees, then Coinbase might not be the best option, and a decentralized P2P exchange might suit you better.

[suzanne5223]

If i do this i buy btc as instution .

For example i create company and buy btc as instution
From what exchanger i should do that ?
What exchanger is best to buy as limited company or sale trader

And how to do best ways ? Anyone got experince?

I believe buying BTC as an institution is easy but requires some ID verification process and seeking crypto legal practitioner for advice but institution investors buy their BTC through Binance, Kraken and Coinbase (i.e if they have adequate knowledge about the crypto investment). However, if the time and experience are limited you can contact grayscale which seems to be one of the trusted companies in online investment.

[Wexnident]

It'd probably go through personal talks with Coinbase personnel or something since you're technically buying as an institution and not as an individual. There might be some laws or something that are related to what would happen by then, hence why it's better to talk it out with the personnel themselves. Did a bit of looking up and institutions that have bought Bitcoin so far, ones that are pretty big in amount have done it through OTC (over the counter), so as to not affect the prices. or something? Not particularly sure what that entails though.

[fiulpro]

Hello

First of all I would like to thank you for investing time and efforts to make BTC more acceptable in the institutions as a form of investment. Now let's talk about your questions.

1. There are many exchange , literally a lot of them and you can easily find a list of trusted ones on google or anywhere. But I do think that you have to search according to your country. See which local exchange people are using. Now why would one wanna do that ?
This makes your payment and trading processes easier, you don't have to pay charges ex- currency exchange etc..etc..

2. If you are talking about buying BTC please remember that you are buying them as a company which means you will invest a considerable amount. You have to invest in further security ex:- Hardware wallets etc. After buying you do have to send your BTC there.

Mind if you state where you are from ? What is the local currency ?
This way more people can reach out to you.

You can also do p2p trading. There are quite a few people with a considerable amount of money saved in BTC. You can even go to localbtc and see which of them are giving good value that you want. But I think you should directly download a wallet offline. Buy , then just send them to a hardware wallet. Keep them safe!!!

Involving more people on the way will just be hectic and also increase your fee.

[OpenCryptoSystem]

I want to buy with company to get big quantity of crypto
And do i need to declare taxes of this ?

[tabas]

I want to buy with company to get big quantity of crypto
And do i need to declare taxes of this ?

By means, which country you're staying in? that would be needing you to research about taxation but AFAIK, you'll be taxed after you get a profit when you sell.
Why you have to make a company if being an individual will allow you to buy from different exchanges or OTC markets? Do you just want to be labeled as an institution that purchased bitcoin? does that matter to you?

[OpenCryptoSystem]

I want to buy with company to get big quantity of crypto
And do i need to declare taxes of this ?

By means, which country you're staying in? that would be needing you to research about taxation but AFAIK, you'll be taxed after you get a profit when you sell.
Why you have to make a company if being an individual will allow you to buy from different exchanges or OTC markets? Do you just want to be labeled as an institution that purchased bitcoin? does that matter to you?

I want to buy large quantities of crypto  if i have business i belive i can do so without problems and personal bank account might be have some problems business account is for large transactions
Do i get it right tht ?

[tabas]

I want to buy large quantities of crypto  if i have business i belive i can do so without problems and personal bank account might be have some problems business account is for large transactions
Do i get it right tht ?

Yes, you got it right and I understand that thing that boggles your mind. But it depends on the country you are residing in. I've heard of some news before that a bank could block your account if they've found out that you're doing a crypto transaction. This is for some banks but I don't think that the majority of them do it. But I'm telling you that you don't need to own a corporation to buy a large volume of bitcoin and you can still have no problem doing it individually.

[OpenCryptoSystem]

I want to buy from exchanger to sell local buyers or trade cash to btc or btc to cash
Im not loooking to pay tax im looking for pure profit
What is the most best way to do this ?