Post
Topic
Board Exchanges
Re: Withdraw Large Amount in Coinbase
by
posi
on 22/12/2019, 16:53:57 UTC
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?
Firstly, the last time I checked almost all high member of this forum usually advise that the saving large amount of bitcoin on exchange site is not advisable which I believed was the number mistake you did and the best option you have now is get a personal wallet or send the BTC into your account base on coinbase daily limit but you won't have problem about fund if your government are not too much in their citizen income.
Meanwhile, everything should be fine if you have the proof to the trading income though.