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
Basically i use p2p service from different centralized exchange platform like Binance, Kucoin there also Bank transcation is available. you can sell big amount of bitcoin, USDT or some valuable crypto currencys. But after depositing the money in the bank, if the bank authority asks you where the money came from, if Bitcoin is legal in your country, then show the truth. And if illegal then you have to handle these transactions very carefully at your own risk.