Post
Topic
Board Bitcoin Discussion
Re: How to cash out Bitcoin anonymously?
by
william8829
on 02/11/2017, 16:46:09 UTC
I know that you can sell your bitcoin to trade plattform like coinbase etc.. BUT you need to verify your identify, so it' s not anonymously.
How do you cashout your bitcoins anonymously then?


Bitcoin was not built to allow users to remain anonymous.  If your a US citizen I would recommend you do not try to obfuscate your Bitcoin transactions.  "The IRS treats digital currencies as capital assets and are therefore subject to capital gains taxes".


source: https://en.bitcoin.it/wiki/Tax_compliance#U.S.