Quote from: anjam_2018 on February 19, 2020, 10:15:07 AM

Hi ,
I hope that we can experience the 2017 Bull Run this year.
I am currently only concentrating on Zilliqa and buying more with the hope that the price will skyrocket.
I asked myself the question yesterday. If the price of Zilliqa rises and makes us happy, how can you transfer the money to your bank account without the bank asking the questions. Where they got the money from and whether that has anything to do with money laundering.
What is the best way to either transfer the money to an account or abroad?

You use a trusted exchange or broker to convert to fiat and have it sent you to your bank account. This will likely require KYC.

If it's a large amount the bank may ask you about the origins of your funds. You tell them the truth and make sure to prepare documentation (blockchain, receipts and screenshots of your trading activity) in case they want to see proof.

Of course this assumes that investing in crypto is legal where you live and you are or intend to be fully compliant with tax regulations.

You have nothing to hide if what you didn't wasn't against your local laws. Just make sure that you can prove how you got your funds.

Keep in mind that some banks don't want to process crypto transactions. Ask first how they handle them.