How to trade crypto so that the bank does not block your account?
Recently, the Ukrainian segment of Binance users faced the blocking of their bank accounts when carrying out crypto buying/selling operations, which caused a strong reaction from the community.
So, the question arises, what to do with it?!
The answer is banal: you need to pay taxes!
But how to do it, if today, Ukrainian legislation is at an early stage of regulation of the crypto industry?
My advice:
It is necessary to open a FOP for example, according to KVED - 6209, as well as a corresponding account, after which connect it to Binance.
Funds that will go to this account from your operations on the sale of crypto, reflect how services are provided under this KVED and pay taxes accordingly.
Recommendation: Start with small amounts, as well as a small number of transactions per day, and do not forget about reports)).
PS And even better, enter into an agreement to manage your financial affairs with a consulting company. It's cheaper than hiring an accountant.
P.S.S. And remember! Entrust your financial affairs exclusively to those whom you trust, because, as D. said.Rockefeller "Money loves silence!"