Most cryptocurrency exchanges do not create neat tax reporting forms like the brokerages do for stock trades. You might have to manually keep track of all your costs and profit/loss generated.
How To Invest In Cryptocurrency In Your IRA?
A self-directed IRA allows investors to choose their investments rather than being limited to traditional assets such as stocks, bonds, mutual funds.
Tax-Free Trades
Investments made within an IRA are sheltered from taxable events when you buy and sell one cryptocurrency for another or even fiat currency.