Hi can you help suggest fastest/safest way to sell btc in United States? These are my own btc so don't mind KYC/AML verification. Concern is speed. Also wanted to avoid the risk of flagging as money laundering thus get account shut down and money frozen.
Also what would be the tax implication of this? I purchased btc out of country. Wanted to do this to bypass FX control of my home country. Total amount is around 10 btc but wanted to do this over one year or so in small amount each time.
Hello, that is a great and a smart way to safe money.
while i may not be able to guide you on exactly what you need to do in order to be safe here are the rule of thumb approach i feel will help you.
1. Be anonymous as much as possible because such money in your custody could attract issues.
2. search google and watch YouTube videos on the exchanges in USA, then you will have an idea of what to do.
3. Also trying to watch videos and some crypto materials relating to crypto tax in the US.
I hope this help in a little way.