Your title is wrong: you're not looking to withdraw Bitcoin, you're looking to sell it.
If it's 1000 in cash, you can easily spend it and nobody notices. If it's 1,000,000, you can't.
if I were to move funds to a bank account, they'd get taxed at 24%, which is a huge percentage.
Only 24% tax? I wish I could pay that little!Quote
Is there an actual, reliable way to exchange bitcoin for cash in hand?
Apart from the exchange itself, have you considered what you're going to do with shitloads of cash? The main reason for paying taxes is to be able to legally spend your money. If you have a bag of money "off the radar", you'll raise questions when buying a car/house/jet, and (probably depending on where you live), you could get in much bigger troubles than just paying your taxes.If it's 1000 in cash, you can easily spend it and nobody notices. If it's 1,000,000, you can't.
I'm situated in Greece.
In that case, you may just get away with it Quote
My main concern is to avoid having the money deposited into a bank account. If it's coming from an exchange, there's a decent chance, if it's a high amount, that you'll be asked for further details. I'm not quite sure about splitting deposits from P2P transactions, though. That way, it won't direct back to an exchange, right?
Here, using established exchanges raises less questions from banks than many transactions from different people.Theoretically, isn't this income something that should be declared? I'm talking about the whole amount of coins.
I know nothing about Greek taxes, but isn't this something you should have declared when you earned it?