Post
Topic
Board Exchanges
Re: Withdraw Large Amount in Coinbase
by
DabsPoorVersion
on 23/12/2019, 12:35:40 UTC
If the account is verified and the legislation of the country allows it, there should be no problem, in coinbase they handle very large figures and can be withdrawn without problems when everything is in order.
It is a large amount, the chances for his account to be frozen is high, even if his account is verified there is no guarantee that his account won't be frozen. P2P is better, it will make his life easier and he can avoid unnecessary actions like giving valid documents or so on. If OP does not want to do P2P then the only choice he has is to split the funds and do not withdraw it as a whole.

How do I go upon using P2P to transfer my funds from Coinbase to a bank or home seller?
You can find people in your local board mate or people in your country who is into crypto, ask one by one who is willing to trade funds from btc to fiat, it is a long process but if you are afraid of the process of submitting documents then you have no other choice, just be careful and avoid scammers, you can ask them to do bank transfer or meet ups, and you will send the btc to their coinbase/btc wallet, it is up to you.