Online Casinos in general: Stake Crypto Casino win and payout

Iknowyou wrote on 30.05.2024 at 10:31 am: Moin everyone, I have a question for those who play regularly at stake.

I've been lucky there the last few days and now have a good 6-figure sum on my crypto exchange account.

What does it look like now? Do I have any possibility to withdraw the money e.g. to my bank account without consequences? Not licensed because of Stake. Then there are crypto taxes.

I had already considered sending it from my exchange to Coinbase and then to my bank account with the agreement of my advisor. But I probably have to report this to the tax office. But I don't just have to tell them the amount, but also the wins or the funds I used to buy crypto.

Does anyone have experience with this without having to deal with the authorities directly?

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gamble1 wrote on 30.05.2024 at 15:28:
If I were in DE and had such a problem, I would send the money piece by piece to Coinbase and withdraw the 900 a day with the Coinbase credit card and also top up my Skrill account via the Coinbase credit card and then use the limit of the Skrill credit card every day

Coinbase credit card costs no fees when withdrawing and topping up Skrill with the Coinbase card does cost a little but it's better than topping up your account

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Iknowyou wrote on 30.05.2024 at 10:31 am: Moin everyone, I have a question for those who play regularly at stake.

I've been lucky there the last few days and now have a good 6-figure sum on my crypto exchange account.

What does it look like now? Do I have any possibility to withdraw the money e.g. to my bank account without consequences? Not licensed because of Stake. Then there are crypto taxes.

I had already considered sending it from my exchange to Coinbase and then to my bank account with the agreement of my advisor. But I probably have to report this to the tax office. But I don't just have to tell them the amount, but also the wins or the funds I used to buy crypto.

Does anyone have experience with this without having the authorities on your ass?

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morallyreprehensible wrote on May 30, 2024 at 6:10 pm:

You don't HAVE to report anything to the tax office. Already explained several times here.

Procedure:
From stake to an external wallet.
From the wallet to an exchange and then sell there.
From the exchange to the account or withdraw with the card.
Done.
If you don't have a stable coin, send it to the exchange in a short period of time and exchange it for USDT, for example, and then back to your wallet. If you want to take your time when paying out. USDT is pegged to the dollar and therefore very stable in value. If you want to pull this over a few months, you will lose the least money or actually almost nothing.
With other cryptos, it could happen that from one day to the next the value falls so massively that you can't even get a slice of bread from it in the end.
For further details and tips, please send me a PN

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gamble1 wrote on 30.05.2024 at 19:30:
I wouldn't send anything to the account at all because there are inevitably questions about high receipts would not even send legal crypto profits to the account the tax office can be sent information about the wins through the course even without the bank account

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morallyreprehensible wrote on 31.05.2024 06:52:

Paying out to the account is no problem, of course not several K at once. Spread it out a bit in terms of time, then there will be no questions. I've been doing this for almost 3 years without any problems.

In addition, there are countless providers who offer free accounts, so you can spread it out and secure a large amount within a short time without having to worry.
Then there are e-wallets with cards and you can increase this even further with cash withdrawals....
There are so many possibilities, you just have to do something... Sure, there are fees everywhere when withdrawing cash, but it's better to lose a few euros and have the money safe.
I can't remember the last time I withdrew cash from my normal account, all via e-wallets.

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frapi07 wrote on 31.05.2024 at 07:09:

I would be interested to know how many € in fees per 1000€. How much would you have to credit the KKarte to get 1000€ cash on the claw? Is that 20-30€?

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morallyreprehensible wrote on 31.05.2024 09:48:

Yeah pretty much to the point.

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frapi07 wrote on 31.05.2024 09:56:

Thanks for the answer. It's quite a lot, I think.

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gamble1 wrote on 31.05.2024 at 12:42 pm:
But you also have to say it varies a lot from Provider to provider and more importantly from which bank you draw the money Sparkasse e.g. I think for 1k takes the 10-20 € + always and in any case 4 € (the 10-20 were a few years ago no idea how it is now)

Coinbase, for example, I pay a good €0 in fees for withdrawals

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frapi07 wrote on 31.05.2024 at 20:39:

This 4€ is then per withdrawal, right?


I also read on reddit that Coinbase will not hesitate to ban your account if they detect such movements.

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gamble1 wrote on 01.06.2024 05:58:

Yes the 4 € are per withdrawal no matter how many euros you withdraw even if it is only 10 € at the Sparkasse


Well, what are such movements? BC Games, for example, also has an option on the site to just store the cryptos and earn interest on them, so you don't have to play them, so you wouldn't be doing anything illegal, so they couldn't ban you just for sending and receiving them

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