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Online Casinos in general: Crypto casinos - how exactly does it work (tax and co) (Page 3)

Topic created on 13th Apr. 2024 | Page: 3 of 3 | Answers: 33 | Views: 2,985
moralischverwerflich
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Crypto casinos - how exactly does it work (tax and co)

24th Apr. 2024, at 06:02 pm CEST#31
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Liked this post: Avatar von BookofÖzi BookofÖzi

BookofÖzi wrote on 24.04.2024 at 17:54: Ok thanks. I heard a few years ago that targobank canceled someone because he deposited on binance... that's why I was unsure now.

I'll try directly via stake...

well, that's nonsense what you heard. Anyone can Deposit at an official crypto exchange. A completely legal investment

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gamble1
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Crypto casinos - how exactly does it work (tax and co)

25th Apr. 2024, at 01:32 am CEST#32
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moralischverwerflich wrote on 24.04.2024 at 11:23 am: You have the Trust wallet, so why don't you create a Coinbase account?
At Coinbase you can Deposit as normal. Then buy the cryptos, send them to the Trust Wallet and from there to the casino.
The reverse is true for withdrawals.
This is the safest and cheapest method!

Coinbase doesn't care if you deposit directly at casinos, it's a US company and for us in EU Lithuania

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moralischverwerflich
Expert

Crypto casinos - how exactly does it work (tax and co)

25th Apr. 2024, at 07:58 am CEST#38
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gamble1 wrote on 25.04.2024 at 01:32:

Coinbase doesn't care if you Deposit directly at casinos is a US company and for us in the EU Lithuania

Yes, basically they don't make any trouble about it, but the wallet in between costs nothing. With the right coin, not even sending fees or only a few cents.

Better to make the secure one a bit more secure....

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HappyFeet

Crypto casinos - how exactly does it work (tax and co)

28th Apr. 2024, at 10:57 pm CEST#39
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Hello everyone,

what would it look like if you win a larger sum of say €2000...pays it out to Trust Wallet from there to Coinbase and then to the bank account. I've often heard that banks are quick to ring the alarm bells about crypto and demand proof of origin. Wouldn't be so smart with a casino win without a license

What do you think of buying vouchers, e.g. Bitrefill or Coinsbee? This works up to 10K completely without KYC. Of course you won't have any liquid money, but you should be on the absolutely safe side and at least save money when shopping in the supermarket or for whatever you get the voucher for.

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