Hello I have 36k usd of BTC , how i can change to fiat without been reported to tax authorities? Advcash is a good option? I saw they have a card? Are they CRS reporting?
Solutions you refer to in mentor group, are they precise enough to explicitly say: "this recipe is valid only for EEAs" or this one is applicable also for nonEEA citizens/residence & so forth?
Or are they just a confusing mess of jargon, coarse recipe with a bunch of constraints either not mentioned or implied but not statedm? Much like here in the main forum where west simply is not aware that east part of the planet exista at all? (Honest question really)
advcash recently disable "Local bank transfer" option, only SEPA active.
I like to cash out crypto to fiat ( monthly ~20k )
Location - India
Please suggest other options to me.
Do not wanna accept wire from trading panel ( bitfinex/ binance...)
Thanks but not good.
First conversion rate will be high, 2nd do not want money in cash.
Prefer to have in bank, coz money is legal and i have no issue to pay local tax.
An OTC card would be appropriate for that, anytime holding capacity of 10K€, access to multiple withdrawal of 1,000€ daily or more..also has low atm withdrawal fee per TRX.
Checked but didn't find good info on account activity on-site like limitation with personal or business account, there is NO crypto option. even their license is not for that.