Minor Account Guidelines
To ensure compliance and safeguard funds for accounts involving minors, please review the following guidelines regarding account registration and withdrawal procedures.
I
Account Registration
If your child needs to open a DSJ Exchange account, the account must be registered directly under your name. As the legal guardian, you are responsible for the daily management and supervision of the account.
During the registration and identity verification process, the minor's passport, driver's license, national ID card, or other valid government-issued identification may be used to complete verification.
II
Withdrawal Policy
The withdrawal rules for minor accounts are the same as those for other BG members. There is no requirement to wait until the account holder turns 18 to request a withdrawal.
However, due to the special nature of minor accounts and to further ensure account and fund security, additional identity verification documents must be submitted with each withdrawal request. Please provide one of the following:
📲 Required for every withdrawal: The guardian must provide a photo of themselves holding their valid ID and submit it to Assistant Elena for secondary account and fund security verification.
III
Important Notice
⚠️ Compliance & Transparency
These procedures are implemented to strengthen account security management and ensure compliant and transparent fund operations. All guardians managing minor accounts are expected to follow these guidelines without exception.
Disclaimer: TLC Wealth Builders™ provides education and infrastructure only. BG Wealth Sharing™ provides compensation. DSJ Exchange™ provides exchange services. This page is for informational and compliance support purposes only and should not be interpreted as legal, financial, tax, or custodial advice. Always follow current exchange requirements and applicable laws in your jurisdiction.
How Crypto Taxes Work
⚠️ Disclaimer
The information on this page is provided for general educational purposes only. We are not tax accountants, CPAs, financial advisors, or legal professionals. Nothing here constitutes tax or financial advice. Crypto tax laws vary by location, change frequently, and depend on your individual financial situation. You are solely responsible for your own tax obligations. Please consult a licensed tax professional or CPA for guidance specific to your circumstances.Crypto Is Treated as Property, Not Cash
In the United States, the IRS treats cryptocurrency like stocks or real estate — not like dollars. This means capital gains tax rules generally apply rather than standard income tax rules.
When Taxes Typically Apply
Tax events are generally triggered when you: sell crypto for cash, trade one crypto for another, earn crypto through rewards or payments, or use crypto to buy goods or services. Each of these may be a taxable event.
What Generally Does NOT Trigger a Tax Event
Simply buying and holding crypto, or transferring it between your own wallets, generally does not create a taxable event on its own. However, rules can vary — always confirm with a professional.
Gains and Losses
Profits from crypto transactions may be taxed as capital gains. Losses can sometimes be used to reduce your overall taxable income, depending on your situation and applicable tax rules.
Keep Clear Records
Keeping detailed records of all your crypto transactions — including dates, amounts, and values at the time of each transaction — is important for accurate reporting and staying compliant.
💡 Our Recommendation
Crypto tax rules are complex and change often. The best thing you can do is speak with a licensed tax professional or CPA who has experience with cryptocurrency. They can help you stay fully compliant and avoid surprises at tax time.
Disclaimer: TLC Wealth Builders™ provides education and infrastructure only. BG Wealth Sharing™ provides compensation. DSJ Exchange™ provides exchange services. This page is for general educational purposes only and does not constitute tax, legal, or financial advice. Users are solely responsible for their own tax reporting and compliance. Always consult a licensed CPA, tax advisor, or qualified professional regarding your specific situation.