I have a large balance in Coinbase which I want to withdraw to buy a $600,000 house. I have very bad credit score . I also do not have proof of employment since I invested into Forex and Forex is my main source of income. Therefore, I will not qualify for a mortgage. Buying a house with cash is much prefer and simple method by sellers. After earning enough from Forex, I want to buy a house with the earnings I made in Forex. I have transfer my earnings from Forex into my Coinbase BTC wallet. Now, I plan on withdrawing large amount into my bank account so that I can buy a $600,000 house. Will there be any problems or delays between Coinbase and my bank when withdrawing large amount?
Coinbase maybe not have limited for withdrawing your asset but depend with your country legal or not using coinbase and available when your withdrawing your bitcoin assets to bank? have support for coinbase in your country to connect with bank account when deposit and withdraw asset directly to bank, if your country not support you can sent to other exchange fist than you can cash out your bitcoin.