Post
Topic
Board Bitcoin Discussion
Merits 1 from 1 user
Re: Withdraw Large Amount in Coinbase
by
yangk23
on 21/12/2019, 23:59:53 UTC
⭐ Merited by Coolcryptovator (1)
I live in the USA and I have been fully verified with Coinbase. I am limited to $10,000 withdraw per day. I have withdraw small amounts to my bank before with no issues. But I am concern if my withdraw will get frozen if I withdraw $10,000 per day so that I can buy the house. I am not sure if withdrawing $10,000 per day will consider structuring since bitcoin is not cash but the bank will definitely file a SAR report since $10,000 keeps on appearing into my account everyday. This is my first year of trading and I do plan filing a tax form on my Forex earnings. I will definitely ask my bank and a tax accountant about it.