I use crypto.com and Bitpay in the US. I've had Bitpay for 4 years or so and crypto.com for around a year and half
Crypto to FIAT - ATM card
- Thread starter Datfeel
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Ok Advcash doesn't report BUT i was wondering if the canadian bank that they use for issuing debit cards reports to CRS or not. Since you need to provide documents also to the bank to rise the card limits...
The most efficient and secure way for crypto => FAT would be anonymous debit card which is registered under the name of the nominee.
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Yeah that's the safest way.
Recently something strange happened to an advcash account under a nominee. It was a verified account with documents but few days ago ADV changed the status back to "not verified" and asked again documents for verification...
Let's say you send 1 BTC to Adv (currently valued around $50k), won't this alone trigger various reporting requirements to authorities?
For example, banking requirements in the Netherlands state:
"Money transfer offices, for example, have a duty to report all money transfers exceeding an amount of € 2,000 to FIU-the Netherlands. A subjective indicator means that an institution has a duty to report a transaction if it has “reason to suspect” that the transaction is connected with money laundering or terrorist financing." (Source: https://www.fiu-nederland.nl/sites/...en/5276-fiu_jaaroverzicht_2014-engelsweb2.pdf )
Adv probably sets the withdrawal limit to 2500€ per day per day to avoid reporting requirements. But again, won't the initial deposit of crypto to currency trigger other reporting requirements?
AdvCash does not report at all, if you keep the money there you won't have troubles. The question is, do you trust them with such amounts.
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It is difficult to find cards available outside certain areas
What happens if you have a verified account with a debit card in your name, and you move from the EEU to another country not supported ?
They might ask you to confirm your address without necessarily provide proof, had this happened with revolut.
When the card expire they could be sending it at the registered address.
They also might require phone verification every now and then by sms ...
Otherwise no problem.
Get a fully setup and verified adv account, attached with a card, to go overkill with the opsec, attach a bank account to it....all Logs,Sim card,(active for roaming)and you sailing...cig-:,
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HighRisk P2P Card To Crypto Setups
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
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ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
I can tell you from personal experience adv asks the least amount of documentation. Especially if you're sending payments via crypto.. every other emi asks more and makes trouble more . Adv for 80k per year is perfect.
Imo
What is opsec ? and what do you mean to attach a bank account to it ?
maybe there is a problem when the card expires and future proof of address
Thank you
Opsec, operational specifics/security etc..
Adv allows cashing out into a Bank account( wires/SEPA ) and also allows cashing out into a card...
the bank account+card where the withdrawal from adv would be received has to be solely/physically accessible by you...
The bank acct setup, comes with the Card, the proof of address used for the bank activation covers the card as well...The Card typically expires after 3years..cig-:,
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HighRisk P2P Card To Crypto Setups
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
Yes formidable set up and longterm..bank setup must be 100% legit..the bank account would come setup with Atm card,online banking logs/swift/IBAN and optional correspondence accts...
Highly anonymous setup..no need for darks...cig-:,
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HighRisk P2P Card To Crypto Setups
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
If the bank isn't using darks, how is it anonymous? The bank accnt isn't anon. then if it's in your name, surely? - Maybe I'm misunderstanding?
Using Darks in a setup means, the docs have been tampered with,modified and at worst photoshopped...
Anonymous docs are original docs,verifiable,quality standard adhered to,tamper proof and more so recent..whatever platform an anonymous doc has been used on, is guaranteed success...
(i stand by that)cig-:,
The use of darks is a short term solution, an indepth scrutiny and counter verification from authorities reveals the flaws in the use of darks...and hence your opsec would be cancelled,banned /frozen..
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HighRisk P2P Card To Crypto Setups
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
Okay cool - but... how are the Anonymous if not Darks? Who's name do they have on them and how are the docs anonymous? Not arguing - just confused (and keen to understand). Are you saying the docs are in your/the person's name?
All Docs and opsec, would be anonymous...lets just say using data that already exists in a system that works...
Toggle signature
HighRisk P2P Card To Crypto Setups
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
ӢFiat->CryptoӢVerified EmiӢVcc Cards
ӢBank AcctsӢDebit CardsӢCrypto Emis
ӢCard To Crypto Cashouts
:[email protected] 😎
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