Best Cryptocurrency Exchange Fees

6 Best Business Crypto Accounts for 2022 • Benzinga

6 Best Business Crypto Accounts for 2022 • Benzinga
Written by publisher team

The cryptocurrency bullishness continued here in Apri and the momentum behind the move appears to be gaining predominant momentum. PayPal and Square have begun to integrate cryptocurrency payments into their systems, and large financial firms such as BlackRock and Goldman Sachs have added cryptocurrency to their holdings. Yes, Bitcoin may not be hitting all-time highs every week now, but that hasn’t stopped the rapid adoption of digital currencies.

The institutions that are sweeping cryptocurrency are showing that attention is no longer devoted to the shadowy corners of the Internet. Bitcoin is becoming mainstream and while that may disappoint some early adopters, it is a necessary step for crypto gain on a large scale. Believe it or not, it is good for the long-term prospects of Bitcoin and Ethereum if companies like Goldman and BlackRock are buying it.

If you are a business owner, accepting cryptocurrency payment is something to consider as adoption grows. If nothing else, you should at least have a crypto brokerage account so you can buy and sell digital currency and have an easy path to accepting it when the time comes. Every business is different and some business owners will never feel comfortable accepting such volatile assets as payment. But if cryptocurrency is an interesting venture for your business, here are some brokers and exchanges that can help you get started.

Best Crypto Accounts for Your Business

If you are opening an account for your business, you will need some additional documents that individuals do not need to provide. For starters, you’ll likely need registration and tax documents from the country your business operates in, as well as majority owner disclosures. You will also need to use a business bank account to deposit funds into your business crypto account.

If you have all the proper documentation and want to get started, here are a few of our favorite Benzinga cryptocurrency brokers for businesses. Like traditional bank and brokerage accounts, there’s no one-size-fits-all here – you’ll need to choose the crypto account best suited to your business needs.