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?
I think you may have trouble with legal issues when withdrawing a huge amount of money like that. And depending on the country where you live, if your country accepts cryptocurrency, the withdrawal will be quick and without any problems. It is best to withdraw many times because it will make you much safer