Post
Topic
Board Bitcoin Discussion
Re: Converting bitcoin to fiat without problems
by
Silberman
on 28/05/2024, 20:39:28 UTC
Hello,friends
The question is more for those who once converted a lot of bitcoins into fiat to their bank accounts
How did you do it so that the tax authorities and the bank manager would not question where the money came from?
The thing is that many years ago i bought my bitcoins from a person in cash and he transferred them to me in my presence
How can i make sure that this money is transferred to my bank card without any problems?

-Regards
We get questions like that from time to time on the forum, but there is no way to give you an accurate answer as your specific circumstances are unknown to us, we do not know if bitcoin is legal to own where you live, how much bitcoin we are talking about, if you want to sell on installments or sell all your coins at once, and without that information we cannot give you a good answer, so you should try to find people where you live which went through a similar experience and see what they did.