Question

alexie · #1 11-01-2016

This page probably has 3 of my threads lol I'm sorry for spamming the forum.

Anyways, I sell digital stuff and I do not withdraw to bank. I do not sell on eBay either. I usually exchange my Paypal money for bitcoin. I'm wondering what would be the best account type in this case?

-Business or Personal
-UK/US or CA?

I receive about $100 a day and up to $600 a week.

Thanks.

JamesNorth101 · #2 11-01-2016

UK or Canada so that you avoid the IRS requirement

You could face a tough time keeping the account alive for long though if you don't have a really very solid way to cash out via BTC

alexie · #3 11-01-2016

Quote:

Originally Posted by JamesNorth101

UK or Canada so that you avoid the IRS requirement

You could face a tough time keeping the account alive for long though if you don't have a really very solid way to cash out via BTC

Mainly direct exchanges with other people. Sending them money from PayPal and they send me BTC.

JamesNorth101 · #4 11-01-2016

If your happy to take that risk then that can work

Just make sure you send the money as goods and services not family and friends as doing the later can lead to limitations