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Deposit and withdrawal methods: Withdrawal from Krypton Wallet to bank account

Topic created on 09th Dec. 2023 | Page: 1 of 1 | Answers: 5 | Views: 1,106
RainerSlotter
Hello everyone
I am a bit insecure, as I have read a lot of negative things about bitpanda or binance, I would like to know how I can get my money into my bank account without any problems.
The order in which I proceeded:
Deposited to bitpanda with credit card for the first time. Bought crypto and sent it to Exodus. Then from Exodus to the casino. Then payout from the casino back to exodus. What happens now? Thanks for your help!!! 😐

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T0uchTheSky
Elite
Then go back to Bitpanda, sell your coins and then transfer them to your bank. But be careful with your tax return, holding periods of less than 1 year must be declared on your tax return in Germany. Unfortunately, I don't know what it looks like with casino winnings and sales, you'll have to google it.

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hustlehoff
Expert
How is that supposed to look, you can't legally play with cryptos in Germany^^

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RainerSlotter
Thank you. as far as I know, wins from casinos are not taxable in Germany.

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WithoutWings
Expert
Unfortunately, the fees always eat up a lot of money, especially with Bitpanda, which is often really expensive...

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JonasBrrt
Experienced
I can only recommend B**** when it comes to withdrawals from crypto wallets to bank accounts. Never had any problems, is a German company and by far the cheapest fees I know. In addition, the app is really clear and even I, who never had anything to do with cryptos before, got to grips with it 😆

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