Post
Topic
Board Altcoin Discussion
Re: Huge profit but how to withdraw
by
speedforce
on 04/03/2021, 17:40:18 UTC
Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?
If it is 1 million then you can move to other country and pay the taxes there to withdraw the profits. Or you can simply use peer to peer trading platforms to convert them into your own bank account without mentioning this as returns from your investments.

I think its possible to do p2p trading, but if the tax related officer suspicious about the wire transfer transaction. Isnt it possible to them track down it and asking where the money came from?
It will be have some law issue if the money sender admit that is crypto-related transaction.