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10193122 No.10193122 [Reply] [Original]

I am a nocoiner. What is the easiest way to go into market and what is the quickest possible cash withdrawal without exchanging one coin to other until you get the monies. I just want to try :(

I wont invest more than 100 euros at first.

>> No.10193145

>>10193122
Since your a Eu faggot for to bitstamp.com send them 100 dollars and buy a shitcoin

>> No.10193154

>>10193122
Bitpanda

>> No.10193160

just don't buy LINK

>> No.10193164

>>10193122
no coiner here as well. I just want to know one thing: Do you have to pay taxes with coining?

>> No.10193188

>>10193164
You have absolutely not to say in which country you life because its everywhere the same

>> No.10193190

bittylicious is my fav, tink it works for thoses there euros

>> No.10193199

>>10193188
What do you mean? You mean don't tell the coin exchanged I use what country I live in? They require me to tell them that when I sign up.

>> No.10193204

Any other advice to not get hacked and withdraw cash anonymously?

>> No.10193209

>>10193199
exchanges*

>> No.10193215

>>10193199
Jeeez, you gonna have a hard time if you dont even understand semi-blatant biz texts. Taxes depend on the country you life in

>> No.10193222

getcrypto dot com has the steps. I don't think there's a problem but be careful with hyperlinks, if you get phished it's your fault.

>> No.10193234

>>10193215
He is talking about residency. If you open an account in Belgium for example and are a citizen and a tax resident in France, the unified EU law requires Belgian banks (I dont know about crypto) to notify the country of a tax resident that person has opened an account in their country.

>> No.10193236

>>10193215
Your English isn't very good so I did not understand. I live in the USA.

>> No.10193251

>>10193209
Most exchanges have kyc anyways

>> No.10193259

>>10193251
How do they ID the client?
Paypal and other systems tied to your real bank account or payment card?

>> No.10193274

>>10193236
I worded it like that on purpose

Anyway, you're genunly interested and I can say taxation of crypto in usa is a catastrophe. You have to tell and pay every single fucking trade you make to uncle sam. Other anons here are more versed in this as I luckily do not live in this fastly decaying country

>> No.10193280

>>10193259
Usually you have to provide a scan or photo of the passport

>> No.10193287

Kraken is the best exchange for europeans.
Been around forever and never been hacked. More coins than other fiat gateways and fast sepa transfers. Kyc is also not that terrible (no selfie bullshit) unless you're german.

>> No.10193304

>>10193280
Well that will be problematic since the new introduction of GDPR.

>> No.10193305

>>10193274
Fuck, how can I get into lambo land if I have to pax taxes on every fucking trade? ffs.

>> No.10193307

>>10193259
considering most exchanges where you can buy with USD require some kind of bank connection (coinbase allows credit/debit purchases, I think they might be the only ones rn), you'll likely have to send them a passport or photo ID.

i remember verification on binance required my passport, drivers license, and a timestamped picture of my holding my documents. took probably three days after that to boost my account to the next verification tier.

>> No.10193311

>>10193305
pay*

>> No.10193317

>>10193304
Of course, many exchanges operate in a grey area and especially chinese ones don't give a fuck about european regulations

>> No.10193339

Is there any way to do coining and not pay taxes?

>> No.10193341

>>10193311
Well, you buy the best projects from the beginning or you fraud

>> No.10193357

>>10193274
>You have to tell and pay every single fucking trade you make to uncle sam
>I luckily do not live in this fastly decaying country
you seem to have fallen for the meme then because there's no possible way for the IRS to try and tax crypto/crypto exchanges when the exchange rate is changing as frequently as it does. it would be a waste of time and money for them to try to do that, just to take your money; when you "cash out" (kek), just report the total amount you cashed out that year in capital gains as cryptocurrency, and as long as it's been held for a year (which they really can't prove at this point), you won't pay the ridiculous taxes on it

>> No.10193377

>>10193357
I only know the thoeretical side, not how they are pursuing it and I honestly dont care. As I said, there are people with more knowledge about this than I

>> No.10193975

>Sign up in coinbase
>Buy some crypto
>Transfer to some other exchange.
>Trade

>>10193339
Stop being a citizen of the decadent and evil multicultural and unfree global empire known as the USA.
Only americucks are actually expected to pay taxes in their crypto. Everyone else just ignores the government.

>> No.10194806

The quickest method of withdrawal is localbitcoins.com and localethereum.com

IT TAKES 10 FUCKING MINUTES TO TRANSFER 10S OF THOUSANDS. NO WAITING TIMES. NO WAITING WEEKS. NO WAITING FOR "BITCOIN WILL BE DELIVERED" LIKE COINBASE SHIT.

RETARDS DON'T KNOW HOW GOOD THESE ARE. ITS ESCROW SERVICE, YOU'LL HAVE NO ISSUE. LOCALETHEREUM DOESN'T EVEN HAVE KYC.

LOCAL BITCOINS WANTS YOU TO VERIFY IN MOST CASES.

T. LAUGH AT PEOPLE SAYING IT TAKES WEEKS TO CASH OUT WHEN I JUST CASHED OUT 60 GRAND IN AND HAD IT HIT MY BANK WITHIN 15 MINUTES A FEW WEEKS AGO

>> No.10194827

IF YOU DON'T FEEL COMFORTABLE DOING LARGE TRANSFERS AT A TIME, THEN JUST DO SEVERAL SMALLER TRADES. ITS A GOOD WAY TO BUILD UP YOUR PROFILE ON THERE ANYWAY AND THE SELLERS/BUYERS WON'T MIND.

>> No.10194970
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10194970

>>10193975
I hate my country.

>> No.10195269

>>10194806
>>10194827
Ok but why are you shouting? Are you autistic?

>> No.10195299

>>10195269
NO I TYPE IN CAPS BECAUSE I CAN

>> No.10195312
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10195312

>>10194806
No yelling in the blueboard

>> No.10195335

>>10195312
SHUT UP QUEER I DON'T LIVE FOR AESTHETICS

>> No.10196546

>>10193122
Go to Bitstamp and buy eth btc 80-20

>> No.10196730

>>10196546
>>10193122
Also, once you do that go read about both projects. Their whitepapers and other resources, opinions from other people and what not. After you done this, start looking at erc20 tokens ( eth tokens). Read their descriptions and find ones that are witihin your interests, or the ones you think that solve some important problems. Look at their pros and cons, their comptetitors, their website, how active is the team, basically any information about the project you can find. By then you should have very solid list of 2-3 projects you can invest in. Once you do that you can also start contributing to the project by posting your ideas or questions on their Slack/Telegram channels or simply promote the projects anywhere you can. If you choose to promote projects remember to always promote crypto in general as well.
Last thing (most important tip):
Never listen to /biz/ or reddit when trying to pick projects to invest. Most people there are only driven by desire of quick earnings so they will shill you the projects they are currently holding. And do you really want to get into projects that you got shilled by some randoms? After all it's your money not theirs.