Crypto Currency

How to buy/sell Bitcoin/Ethereum/Lite Coin

Binance Account holders: Please move your crypto to other US accounts such as Coinbase

TAX Filing: Calculate all the gains/loss for this year. When filing tax, show the gains/loss as part of miscellaneous.

What is Crypto Currency?

A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

How to trade Crypto Currency?

  • Create an account @ Coinbase
  • Check your email for verification
  • Login to Coinbase
  • Setup your checking account
    • You can do real-time Bank account setup using your bank user/password which is a standard procedure or you could do manual setup as mentioned below.
      • Enter your bank account number and routing number.
      • Coinbase will deposit 2 small deposits after 2-3 days 
      • Check your bank account after 2-3 days and if there are any deposits like few cents
      • Come back to Coinbase and validate your deposits.
  • Once bank account is linked, initiate required $$$ amount from your bank account to Coinbase
  • It will take 2-3 days for the first time.
  • Once you have money in your coin base account
  • Head to and log-in with your Coinbase Userid/password
  • On once you log in, on the topmost left side there is a drop down to choose options
    • Options like BTC/USD, ETH/USD, LTC/USD
  • Choose the option you want to buy.
  • Put a Buy limit to avoid any transaction fees
  • Same for Sell Limit to avoid transaction fees

Bitcoin - Last 30 Days Price

Ethereum - Last 30 Days Price

Litecoin - Last 30 Days Price