Are you with Alt? Verify this platform
Alt
The simplest alternative asset trading platform that helps you confidently invest in what you’re passionate about – starting with trading cards.
UNVERIFIED PLATFORM
Highlights
+0.02%
Asset Class Return•30d
#8 Rank
In Sports Cards•30d
Invest from
$1
Overview
Alt lets you purchase and sell sports cards, all in one place. They have the most comprehensive sales data in the industry – paired with Alt's proprietary valuation tools, this allows you be armed with what you need to make intelligent investment decisions with confidence. You can analyze how various markets and players are performing so you can invest like an industry pro.
Things to Know
You make money on
Value
Fees
2.5%
Min Investment
$1
Payout frequency
Asset Sold
Term of investment
Zero
Target Return
Varied
Liquidity
Easy
Open to
All Investors
Mobile Application
No
Top Perks
Browse investment-grade assets like a pro
Instant payouts, swift ownership, hassle-free
Auction items; guaranteed liquidity, low fees
Other ways to invest in Sports Cards
How you make money
You make money when you can sell a card on Alt for a price higher than your purchase price. Alt makes the transfer of ownership and payout to you instantaneous.
How Alt makes money
Alt charges a 2.5% fee for every sale made through the platform, as well as service fees for storage of cards in their vault.
Is it safe?
To date, Alt has raised $100 million in funding, through a seed round, a Series A (which was led by Reddit co-founder Alexis Ohanian’s new firm Seven Seven Six), and a $75 million Series B. Other notable investors include Kevin Durant, BoxGroup, and Chapter One.
All assets listed with Alt are fully processed, digitized, and ready to list in 3 business days or less. Additionally, all cards vaulted with Alt are insured.
Established
2021
Country Available
US Only
Assets Managed
n/a
How You’re Taxed
Capital Gains
Income Tax
If you are investing on a sports card investment platform like Collectable, where you own a fraction of or a % of a card:
- Sale of card: If the card is sold, you receive the equivalent of a dividend. Your profits are then taxed as income.
- Secondary market: If you trade your shares on the secondary market, your profits are taxed as capital gains.
For those of you selling a sports card you purchased, card investments are classified as 'collectibles.' Gains on cards held for one year or less are taxed as ordinary income—the same tax treatment as short-term capital gains (STCGs). Gains on cards held more than one year are taxed as ordinary income, except the maximum tax rate is 28%
Reviews
5
1
4
0
3
0
2
0
1
0
Reviews (1)
nice platform
Related Reads
mone...
•
45 days ago
mone...
•
51 days ago