/biz/ - Business & Finance

>>29861349
I just sell my coins to usd and transfer via swift, I personally use cex.io, just make sure you don't do massive amounts as some banks are really gay about crypto

Yeah there are lots of horror stories but it is always friend of a friend's friend kind of stories.

>>29861349
Never used binance i got money out of okcoin no problem tho.

>29853785

yes goy, crypto is impossible to cash out. Keep that money in banks where its safe

>>29853785

B-but I can buy a Tesla with it, right?

>>29861349

just cashed out $800 on coinbase pro yesterday...they said it would 3-5 business days and it hit my bank account same day. A lot of people hate on normiebase but the simplicity and ease of use is pretty much unmatched

Just sold through localbitcoins, easy as.

>>29862081
Do I need coinbase pro to cash out properly? I’ve just used normal coinbase to transfer to PayPal then to my account but it’s very limited

>>29861349
>I keep reading worrying stories about people losing their crypto or banks refusing the transaction.
It's all false. You can sell your thing into eth or btc, trade it for usd on binance and withdraw for ze bank

>>29862081
Almost everyone gets it same day (at least weekdays)
They just say 4-5 business days so you don't flood their bot support for being 36 hours late

>>29862276

probably the same on regular cornbase but anon you should really not use regular cornbase under any circumstance. Coinbase pro is superior in every regard most notably cheaper fees. Only reason to use coinbase is if you are holding something there for APY like atom or tezos.

Pokémon cards

>>29862396
I've got some stuff on coinbase since that's where I started...would it be worth it to transfer it all to coinbase pro, especially for a cash out in the long term?
I don't even know if cashing out on it would be more profitable at this point

>>29861349
coin base just gave me $5 in bitcoin for signing up. how to trade?

>>29862662

If you plan on hodling it doesn't matter where you keep it. But transferring between the two is free and instant. If and when you cash out the fees should be cheaper on pro. The more you trade on pro the cheaper fees get. If you move 10k in a 30 day period the fees are halved and continue going lower the more volume you move. There's really just no reason to use regular coinbase.

>>29862081
>cashed out $800

>>29861349
retarded faggot here. I have solely used wyre and metamask and made 20k so far. I want to take 2k to just have a small vacation in okinawa, how would I go about this in a way that doesn't make me pay jew tax? I have a part time job that pays me like 600$ biweekly, so im not sure if it'll attract attention if i transfer such a large amoutn.

>>29863023
>he thinks the jew wont get his cut
With jews you lose

>>29863332
bro it's only like 2k, im sure there has to be some way for me to finance a poorfag japan trip for like 10 days. I heard they only care if you withdraw >10k

>>29861349
homie im more worried about that taxes, someone told me you get taxed on crypto to crypto and now im stressed af bc i've done so many transactions is so many different places i have no idea how im going to report them all.

>>29863023
Nobody cares about ur lunch money bro, 2k is not enough to trigger any alarm.

>>29861349
you retard you realize banks treat crypto exchanges as criminal enterprises right? there's no way you're getting your money from an exchange back into a bank account

>>29861349
>Ever trying to hold fiat ever again
absolutely cucked. I peg my earnings with pax gold. The gold boomer has become the crypto gold boomer. Looking forward to reflexive index stable-ish coins so I can complete the escape but even then I'll probably keep some of the peg in crypto gold still

>>29864423
you can try it but the jew has fucked over many people for much less.

>>29864638
>>29864981
can someone give me an honest fucking answer I swear I literally just want to take a 10 day vacation am i really asking too fucking much

>>29864739
they don't at all.

>>29865300
Better be ready to pay up goy

>>29861349
i've been taking 10k€/month from binance since december through SEPA transfers. never had a problem and the money reaches my bank next day.

>>29862081
No try cashing out 80k and see how much BS you run into

>>29862081
Also cashed out on Coinbase one time a month ago. $4k. No issues.

Keep in mind when transactions are above a certain amount (I think it’s $10k per day). Banks have to collect additional information as part of federal regulation.

Banks are run by kikes
According to kike law it’s illegal for goyim to make money
Cash out directly into PMs

>>29862081
Poorfag cash out. Try cashing out tens of thousands and see whether the ccp would make it that easy for you.