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Showing 10 of 10 results by yangk23
About:
CROCOcoin is an open source community-owned electronic coin designed to conduct transactions in game projects such as PvP over the network. 51% attack protection guarantees you a stablecoin that will expand and evolve thanks to the community as well as our innovations. Our ecosystem will grow with a library of quality online PvP games where you can earn or multiply your CROCO.
Coinomic:
Total Supply: 21 Billion
Ticker: CROCO
Algorithm: GhostRider
Block Reward: 5000 CROCO
Reward Comissions: 2%
51% Protection: Yes
Link:
WebSite:
(in developing)
Windows Wallet:
https://github.com/CrocoCoin-Core/CROCO-Coin/releases/download/CROCO-Coin/CROCOcoin.zip
CROCOcoin is an open source community-owned electronic coin designed to conduct transactions in game projects such as PvP over the network. 51% attack protection guarantees you a stablecoin that will expand and evolve thanks to the community as well as our innovations. Our ecosystem will grow with a library of quality online PvP games where you can earn or multiply your CROCO.
Coinomic:
Total Supply: 21 Billion
Ticker: CROCO
Algorithm: GhostRider
Block Reward: 5000 CROCO
Reward Comissions: 2%
51% Protection: Yes
Link:
WebSite:
(in developing)
Windows Wallet:
https://github.com/CrocoCoin-Core/CROCO-Coin/releases/download/CROCO-Coin/CROCOcoin.zip
I will definitely do this and then, let my bank know that a large transaction is coming in so that my bank account will be put on hold for suspicious activity or money fraud.
I wouldn't do that. There is a chance that your bank won't do anything with your account when you receive such a large sum of money. Don't wake up sleeping dogs when you don't have to. I'm 100% sure that when you do notify them about a large incoming transfer, they will ask you to provide proof of source, which you claim to not be able to provide.
Don't shoot yourself in the foot.
I do have proof of source where the funds came from. The funds came from my Forex brokerage trading account. Forex a legitimate currency exchange market. I am sure the banks know what Forex is because banks also participate in the Forex market. Every time I withdraw funds from my Forex brokerage account, I keep copies of the transaction history.
transaction and i do tell them the truth and they do release out those funds with just having that verbal confirmation on where those funds came from.
For that Coinbase matter, each account do have specific limitation when it comes to withdrawal and its risky to have that bulk transaction with them which chances of hold of funds would be high for sure
asking you out lots of documentation or sorts of verifications.
I lived in the United States; therefore, banks and IRS will definitely ask me where the funds came from. I keep records of the funds coming from my Forex brokerage account into my Coinbase Bitcoin wallet. Since Forex is a legitimate market, I shouldn't have any issues with the bank as long as I provide them proof of documentation.
I will definitely do this and then, let my bank know that a large transaction is coming in so that my bank account will be put on hold for suspicious activity or money fraud.
I wouldn't do that. There is a chance that your bank won't do anything with your account when you receive such a large sum of money. Don't wake up sleeping dogs when you don't have to. I'm 100% sure that when you do notify them about a large incoming transfer, they will ask you to provide proof of source, which you claim to not be able to provide.
Don't shoot yourself in the foot.
I do have proof of source where the funds came from. The funds came from my Forex brokerage trading account. Forex a legitimate currency exchange market. I am sure the banks know what Forex is because banks also participate in the Forex market. Every time I withdraw funds from my Forex brokerage account, I keep copies of the transaction history.
If the account is verified and the legislation of the country allows it, there should be no problem, in coinbase they handle very large figures and can be withdrawn without problems when everything is in order.
It is a large amount, the chances for his account to be frozen is high, even if his account is verified there is no guarantee that his account won't be frozen. P2P is better, it will make his life easier and he can avoid unnecessary actions like giving valid documents or so on. If OP does not want to do P2P then the only choice he has is to split the funds and do not withdraw it as a whole.How do I go upon using P2P to transfer my funds from Coinbase to a bank or home seller?
I have a large balance in Coinbase which I want to withdraw to buy a $600,000 house. I have very bad credit score . I also do not have proof of employment since I invested into Forex and Forex is my main source of income. Therefore, I will not qualify for a mortgage. Buying a house with cash is much prefer and simple method by sellers. After earning enough from Forex, I want to buy a house with the earnings I made in Forex. I have transfer my earnings from Forex into my Coinbase BTC wallet. Now, I plan on withdrawing large amount into my bank account so that I can buy a $600,000 house. Will there be any problems or delays between Coinbase and my bank when withdrawing large amount?
First, you should transfer your bitcoins to Coinbase Pro so you'll pay much lower fees when you sell.
You'll want to request a higher withdrawal limit. You can do so on the "Limits" page per these instructions. After a few 4-figure withdrawals, Coinbase Pro automatically raised my daily limit to $50,000 so it should be easy to attain a higher limit.
Good luck, and congratulations on the house.
I will definitely do this and then, let my bank know that a large transaction is coming in so that my bank account will be put on hold for suspicious activity or money fraud.
If I have the fund to purchase a house, there is really no point of getting a mortgage. The funds I made comes from Forex trading. Forex is a legit global market and I am sure the banks and IRS knows what Forex is. And I do not need to further explain what is Forex exchange market. I just need to show proof my funds came from my Forex trading brokerage account. I withdraw most of my funds from my Forex broker account to Coinbase bitcoin wallet so that I spend it right away without involving the bank. Now, I just need to find a safe way for the banks to accept my funds from Coinbase or find a house seller that will accept bitcoin as a payment.
As far as private keys goes, I am thinking about using Trezor to securely store my bitcoin. As far as withdrawing goes, I will need to talk to my bank and get a lawyer as well. Eitherway, I need to find a way to purchase a house from the funds I have in my Coinbase Bitcoin wallet. If I can purchase a house with Bitcoin and not cash, it will be soo much easier for me so that I do not have to deal with the bank, other complications, and withdraw delays. If you guys have alternative suggestions to make huge purchase like a house or car with the funds in a bitcoin wallet, I will like to know and choose the simpler path.
I will just ask my bank upon transferring large amount from Coinbase to buy a house. For sure, I do not qualify for a mortgage. I live in the US and Coinbase is base in San Francisco, CA. Therefore, I am sure Coinbase will certainly send my withdraw reports to the IRS, and I just need to file my tax. I do not think my bank will have a problem with me withdrawing my funds that is base in the US soil, but I just need to show my bank and file my tax to the IRS how I got the funds in my Coinbase bitcoin wallet in the first place.
⭐ Merited by Coolcryptovator (1)
I live in the USA and I have been fully verified with Coinbase. I am limited to $10,000 withdraw per day. I have withdraw small amounts to my bank before with no issues. But I am concern if my withdraw will get frozen if I withdraw $10,000 per day so that I can buy the house. I am not sure if withdrawing $10,000 per day will consider structuring since bitcoin is not cash but the bank will definitely file a SAR report since $10,000 keeps on appearing into my account everyday. This is my first year of trading and I do plan filing a tax form on my Forex earnings. I will definitely ask my bank and a tax accountant about it.
I have a large balance in Coinbase which I want to withdraw to buy a $600,000 house. I have very bad credit score . I also do not have proof of employment since I invested into Forex and Forex is my main source of income. Therefore, I will not qualify for a mortgage. Buying a house with cash is much prefer and simple method by sellers. After earning enough from Forex, I want to buy a house with the earnings I made in Forex. I have transfer my earnings from Forex into my Coinbase BTC wallet. Now, I plan on withdrawing large amount into my bank account so that I can buy a $600,000 house. Will there be any problems or delays between Coinbase and my bank when withdrawing large amount?