Hey everyone,
I'm hoping to get some practical advice from people who've dealt with cross-border crypto situations.
Background:
I earned large amount of cryptoin a country where crypto is illegal. All of this was earned and I went through full KYC on Binance. I have complete transaction history.
Until and unless I trade crypto in this country I don’t think I will be in any problem. So I want to convert this crypto into cash and deposit into my bank account.
Questions I need help with:
– Has anyone successfully converted crypto and received funds via SWIFT remittance by going in another country where it’s legal? What did you tell your bank?
– Which countries have the cleanest process for a one-time large conversion as a tourist?
– Are there any exchanges that will directly wire to my bank account from a remote crypto deposit?
– What documentation should I prepare to show my bank on receipt in my home country?
All I want to do is convert my crypto into legal money since crypto is illegal in my country. Any advice from people who've navigated similar situations would be massively appreciated.
Thanks
Earned large amount of crypto in a country where crypto is illegal. What are my options to convert and receive it in bank legally?
byu/ChannelResponsible46 inBitcoinBeginners
Posted by ChannelResponsible46
1 Comment
Send it to me and I’ll bank transfer you