Easy crypto investing for the tax-savvy investor
Get exposure to Bitcoin, Ethereum, and other cryptocurrencies by investing in Grayscale Securities via your US brokerage account with Vested. Grayscale Securities are traded on the OTC markets.
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What makes this a smart alternative?
Tax efficient
Avoid the 30% crypto capital gains tax levied in India by paying taxes as per US securities investments.
Easy to invest
Buy and sell Grayscale crypto trusts on the OTC markets just like you buy shares and ETFs
0% TDS
Avoid paying 1% TDS on each crypto transaction.
Legal and safe
Each account is insured up to $500k under SIPC.*
Seamless fund transfer
Transfer funds online and cost-effectively via Vested Direct.
Before making any investment decisions, please consult your tax advisor.
* SIPC protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Explanatory brochure available upon request or at www.sipc.org
What are Grayscale Securities?
Grayscale is the world’s largest digital currency asset manager with $40 bn AUM as of April 2022*
- Largest digital currency asset manager
- SEC registered securities
- Institutional clients include Morgan Stanley, Ark, Invesco and Rothschild
| Grayscale products | Symbol | AUM* |
|---|---|---|
*AUM figure as of May 9, 2022
Performance Comparison
Returns as of May 9, 2022
What is a Crypto Vest?
| Portfolio | % allocation |
|---|---|
The Crypto Vest consists of OTC securities that hold digital cryptocurrency assets, with allocations that overweight Bitcoin and Ethereum. Will be available soon!
- Diversified crypto exposure
- Investing via Grayscale Trust
- Single-click exposure to all funds
Investing in OTC securities will incur a commission of $0.05 per share for premium subscribers and $0.10 per share for basic subscribers, subject to a minimum of $0.75 per order and a maximum of 1% of the transaction value.
Seamless 3 Step Process
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Cryptocurrency tax calculator
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Tax liability
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Exposure through OTC and Crypto Vest
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Cryptocurrency tax calculator
*This calculator is for informational purposes only. It should not be relied on for tax, legal or accounting advice. For more information on the calculation and disclosure, please check here.
FAQs
Who is Grayscale?
Grayscale Investments LLC. is a digital currency investing services company. The Company provides market information, investment exposure, and investment products to the developing digital currency asset class.
Grayscale is the world’s largest asset manager for digital currency and they manage more than $40 billion in assets as of April 2022. Grayscale Bitcoin Trust became the first digital currency financial product to become a Securities and Exchange Commission reporting company.
For more information – visit https://grayscale.com
How will taxes work?
When you invest through Grayscale Securities, you are not subject to the flat crypto tax of 30%. Neither do you have to pay any TDS. Instead, you are taxed on your capital gains. If you hold your investments for 36 months or less, then it is classified as short-term capital gains, and you are taxed according to your tax slab. If you hold your investments for more than 36 months, it is classified as long-term capital gains, and you are taxed at 20%, with indexation benefits.
How can I verify ownership of my holdings?
Share ownership verification works slightly differently in the US than in India. Shares are held by a third-party custodian in the ‘street name‘ of the broker rather than the underlying investor. This is why you do not receive direct emails from the custodian regarding your holdings. As per SEC guidelines, if you want to confirm the share ownership for your Vested account, you can contact DriveWealth, our broker partner, directly at support@drivewealth.com.
Is this actually legal?
Yes, it is completely legal. You are investing through your US brokerage account as you would in any other US-listed security. Grayscale Bitcoin Trust became the first digital currency financial product to become a Securities and Exchange Commission reporting company.
How secure is this?
Vested uses 256-bit encryption and Secure Sockets Layer (SSL) to ensure the security of our platform and to protect all your information. We also employ state of the art log-in methods, automatic logouts, and ID verification to help prevent unauthorized access.
Which cryptocurrencies can I invest in via this route?
You can invest in five different cryptocurrencies, namely – Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Ethereum classic.
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