Privacy settings

We use a number of cookies on our website. Some are essential, while others help us improve our portal for you.

Privacy settings

Here is an overview of all the cookies we use. You can choose to accept whole categories or view more information and select only certain cookies.

Essential (6)

Essential cookies enable basic functions and are necessary for the website to function properly.

Statistics (3)

Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
If the statistics cookies are subsequently deselected, they will remain on the computer until the expiry date. However, they are neither updated nor evaluated.

Deposit and withdrawal methods: 4500€ win at Stake - What is the best way to proceed? (Page 3)

Topic created on 22nd Jan. 2025 | Page: 3 of 3 | Answers: 36 | Views: 3,503
sigi36
Amateur

4500€ win at Stake - What is the best way to proceed?

26th Mar. 2025, at 09:17 pm CET#31
0 Likes

Nobody has liked this post so far
Hi,

I have also won at stake and paid out at bitpanda,
However, each time I am deducted 27.5% tax from bitpanda ..
I am asked if I can declare where the crypto comes from, if not the maximum tax rate is deducted ....
I have never actually stated that it comes from stake...so we are now talking about small profits of less than 500€ but at 4500€ 27.5% that is already a lot of money that is given to the tax authorities..

This post has been translated automatically

frapi07
Elite

4500€ win at Stake - What is the best way to proceed?

26th Mar. 2025, at 10:17 pm CET#32
0 Likes

Nobody has liked this post so far

sigi36 wrote on 26.03.2025 at 21:17: Hi,

I have also won at stake and paid out at bitpanda,
However, each time 27.5% tax is deducted from bitpanda ..
I am asked if I can declare where the crypto comes from, if not the maximum tax rate is deducted ....
I have never actually stated that it comes from stake...so we are now talking about small profits of less than 500€ but at 4500€ 27.5% that is already a lot of money that is given to the tax authorities..

Since when has that been the case? Switch to the stock market, there are enough.

This post has been translated automatically

Malganes
Top Member

4500€ win at Stake - What is the best way to proceed?

26th Mar. 2025, at 10:53 pm CET#33
1 Like

Liked this post: Avatar von frapi07 frapi07

sigi36 wrote on 26.03.2025 at 21:17: Hi,

I have also won at stake and paid out at bitpanda,
However, each time 27.5% tax is deducted from bitpanda ..
I am asked if I can declare where the crypto comes from, if not the maximum tax rate is deducted ....
I have never actually stated that it comes from stake...so we are now talking about small profits of less than 500€ but at 4500€ 27.5% that is already a lot of money that is given to the tax authorities..

At first I wanted to write nothing about it, but now I can't stop commenting on this procedure. I wanted to go into more detail, but I'll keep it short now, because reading this again makes me sick to my stomach.


My recommendation:
1. Look for other providers like Bitpanda and Coinbase. As Frapi has already written, there are plenty of other exchanges.
2. Don't pay out any wins from illegal stalls on Bitpanda. This only raises unnecessary questions.
3. Get a wallet like Exodus and send the cryptos from the casino to your personal Exodus wallet and never directly from the casino to an exchange etc.

This post has been translated automatically

Pat1991
Top Member

4500€ win at Stake - What is the best way to proceed?

27th Mar. 2025, at 08:13 am CET#34
0 Likes

Nobody has liked this post so far
Hello,

if you want to go shopping with the money, it's also worth taking a look at Bitrefill.com

Simply buy vouchers with the money and you're good to go

This post has been translated automatically

sigi36
Amateur

4500€ win at Stake - What is the best way to proceed?

27th Mar. 2025, at 11:09 am CET#35
0 Likes

Nobody has liked this post so far
Hi

I don't want to buy vouchers with the money I just want to have the money in my account nothing more, I won over € 8,000 at pokerstars 2 years ago and pressed payout the next day the money was in my account without the bank having any problems or asking... Whether this is still so easy today is questionable... and that with stake yes....at bitpanda I will not pay out anymore, does anyone know what Revolut looks like with crypto and taxes?

This post has been translated automatically

JJepsa96
Amateur

4500€ win at Stake - What is the best way to proceed?

28th Mar. 2025, at 05:07 pm CET#36
0 Likes

Nobody has liked this post so far

sigi36 wrote on 27.03.2025 at 11:09 am: Hi

I don't want to buy vouchers with the money I just want to have the money in my account nothing more, 2 years ago I won over 8.000 € at pokerstars and pressed payout the next day the money was in my account without the bank having any problems or asking... Whether this is still so easy today is questionable... and that with stake yes....at bitpanda I will not pay out anymore, does anyone know what Revolut looks like with crypto and taxes?

Pokerstars also has a license, so the bank won't cause any problems.

This post has been translated automatically

Frankey
Experienced

4500€ win at Stake - What is the best way to proceed?

29th Mar. 2025, at 01:14 am CET#37
0 Likes

Nobody has liked this post so far

sigi36 wrote on 27.03.2025 at 11:09 am: Hi

I don't want to buy vouchers with the money I just want to have the money in my account nothing more, 2 years ago I won over 8.000 € at pokerstars and pressed payout the next day the money was in my account without the bank making problems or asking... Whether this is still so easy today is questionable... and that with stake yes....at bitpanda I will not pay out anymore, does anyone know what Revolut looks like with crypto and taxes?

Yes, 2 or 3 years ago all this was still possible because online gambling had no or hardly any laws regulating it. But now it is regulated by law. There's a good chance you'll get into trouble.
Banks, financial service providers, crypto exchanges, e-wallet providers, casinos and everyone else who has anything to do with finance legally must sign the international AML CTFAct (anti money laundering and countering terrorism financing). This commits them to do everything possible to prevent money laundering and to disclose transactions if required by the authorities or the law. In Germany, the banks and authorities have been keeping a close eye on online banking since the wirecard scandal broke

This post has been translated automatically

Hot Topics29th Mar. 2025 at 10:10 pm CET

World
0
Law
0
Offline Casinos
0

GambleJoe Team

Profile picture of JulianJulian
Community-Manager / Complaint SpecialistProfile picture of CounterCounter
Software developerProfile picture of MatthiasMatthias
Project manager
Profile picture of DanielDaniel
Founder

Community Forum-Moderators

Members who assist the GJ team in moderating the forum.
Profile picture of AndreAndre
Profile picture of gamble1gamble1
Profile picture of Langhans_innenLanghans_innen
Profile picture of SaphiraSaphira
GambleJoe is aimed exclusively at user whose allowed to play legally with his current location in online casinos and does not violate the current law.
It is the responsibility of the user to inform himself about the current legal situation. Gambling is prohibited for children and adolescents under the age of 18.
GambleJoe is a registered trademark with the EUIPO of GJ International Ltd.
© 2012-2025 GambleJoe.com
✕

Forgotten your password?

Create a new password here

  • 1. Fill in the 3 fields carefully and click on the green button
  • 2. Check your email inbox for a message from GambleJoe
  • 3. Click on the confirmation link in the email and your new password will be active immediately