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Online Casinos in general: Pay out bitcoin win?

Topic created on 05th Mar. 2020 | Page: 1 of 1 | Answers: 2 | Views: 2,147
Dumbo123

Pay out bitcoin win?

5th Mar. 2020, at 06:03 pm CET#1
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Hello. I play almost exclusively in Online Casinos and betting sites where you bet Bitcoin. Now I have won a somewhat larger amount (just under 20,000 euros). I have the Bitcoina on my wallet and wonder how I can now best (and especially problem-free) pay out to my account? I would then have to sell the Bitcoins via one of the countless trading platforms and have them paid out to my account. But I do not want that my bank rumzickt there. Is not quite as simple and easy to explain / traceable as a "normal casino win" in a casino where is played for €.

Is it perhaps the wisest to split the amount into, for example, 4x 5,000 € and pay out to 4 different accounts (have several)? Or simply with one blow 20.000€? Have there 0 experience with.

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G****e

Pay out bitcoin win?

5th Mar. 2020, at 10:10 pm CET#2
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You have 20k in Bitcoin? If yes, it is no problem to tell the bank bas. Trading Bitcoin is not forbidden, is it? Report that 20k will arrive soon. Or you pay out 2x 10k. I think you have to report only from 12.5k

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gamble1
Icon

Pay out bitcoin win?

6th Mar. 2020, at 08:35 am CET#3
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Gamble wrote on 05/03/2020 at 22:10: you have 20k in Bitcoin? If so it's no problem to tell the bank bas. Trading bitcoin is not forbidden is it? Report that 20k will arrive soon. Or you pay out 2x 10k. I think you have to report only from 12.5k

Not forbidden but taxable

I would simply sell the desired BTC and either park the money on an online wallet or simply book to the account and wait the banks know exactly that it comes from a trading platform

What many currently forget the banks do not care if person xyz pays his taxes dutifully it itches only if they think they could be a rope turned by casinos or generally illegal activities

They don't care if you pay taxes on your crypto wins

PS: can recommend you this page to sell and buy

https://anycoindirect.eu/de

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