Post
Topic
Board Legal
Re: Is it legal to sell bitcoin for cash ?
by
Flor1982
on 17/08/2018, 01:02:55 UTC
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.

Thanks for reading.

Do you mean some of your friends will buy your Bitcoin directly? Well that is possible as long Bitcoin is not ban in your country but you should have to make an agreement with them regarding who will pay the transaction processing fees and the possible income tax once that Bitcoin will be finally convert to fiat in which the local exchanges will require it. Except if your Bitcoin is not legal bun not ban in your country then you could benefits of Bitcoin without tax.