I'am pretty sure there are allready some topics about it, but wasn't able to find any that covers especially for EU citiziens all possible ways how to deposit/withdraw from fiat.
Living the EU, in my country ALL banks stoped to accept wires/transactions from and to Bitcoin related exchanges, platforms, similar.
This raises the problem on how to deposit funds for buying bitcoin/altcoins and of course at some point withdraw some to fiat.
What is everybodies approach on this problem? So far i didn't think about it too much as a miner, but at some point soon or late i guess we have to convert something to fiat
and/or want to deposit and buy additional bitcoins...
While at coinbase their is the option to withdraw to a Sepa bankaccount, this does not help me a lot as my bank would just send it back not accepting the sepa wire. Reverse the same
of course if used for deposits which only leaves Debit Cards with smaller amounts in this special case.
I tried today to bypass this with transferwise. Did a Euro 2.000 sepa to my transferwise account and from there tried to send it to coinbase just to finding out that transferwise will NOT
support some transaction.
Now waiting for verification on mistertango, coinsbank, revolut, payeer, ... to see if there is any chance to have something working for deposit and withdraw within the EU.
I personally have no problems with verification, taxes, Know your customer, or whatever, so anonimity is not a problem for me, and i guess for a lot others as well not.
However, how is everybody doing the Crypto ==> fiat and fiat ==> crypto transactions/withdraw/deposits?
I'am aware of localbitcoins and similars, but i'am talking about something you can count at the moment without much hazzles each time. So i know that selling/buying to friends, localbitcoin is an option but i would like to discuss more about wire transferes, credit cards and so on.
Anybody uses WageCan by the way?