CRYPTO Mining as Business

Cryptocurrency
#21

Blockfi allows business accounts. But currently they don’t allow withdrawals to a bank account yet.

I have not yet found a way to directly convert business crypto to usd without going through a personal account of some kind.

To keep it completely separated, I’ve just decided to have the business sell me X number of crypto for X number of USD. I pay the business USD directly to the business bank account, and the business than deposits X amount of crypto to my personal crypto account/wallet. And make a note of this transaction.

Best work around that I could think of. No exchanges really do business accounts other than Blockfi.

#22

I have business checking that I send USD to.

#23

I have a coinbase business account that I had to get approved for. not sure it helps in your situation, but it was dedicated to teh business side for the application process.

1 Like
#24

Good to know, I’ll have to look into it.

#25

ohh ok, thank you.