Bitcoin Forum

Hello, I have thousands of dollars in a forex broker, i'd like to withdraw but not to my local bank. My local bank will tax 35% of my profits in forex and i don't want that, also i live in mexico i won't pay taxes to a country that don't even guarantee my sefety, in the city i live in the north of mexico there's is a lot of kidnaps and people killed everyday, i won't give money to my goverment so the politicians can steal it and keep it to themselves, maybe i would pay taxes if they could guarantee at least my safety but they dont.

I'm sorry that i had to give that brief explanation of why i don't want to pay taxes to my corrupted country of my hard earned money.

So the problem is that in my forex broker they only let me withdraw to a bank to "my name". So the bank account gotta have my name, i need a solution that would let me deposit in USD to a internet bank account to my name and then exchange that to BTC inside that service so i can get it out to my Hard drive wallet.

I know some of those services exist but they look like a scam

https://coinsbank.com/ for example. But i heard people been having problems to log in and they won't answer or give support to its users https://bitcointalk.org/index.php?topic=1426875.new#new

Well if you are doubt on coinbank you must don't try their service because it is dangerous for your money and in my opinion about your money on forex broker, how if you make withdrawal on skrill or neteller usually on forex broker there are fitures for making withdrawal using them or other and you can exchange to bitcoin.

Just pay your taxes for once to get out and never go back.

Trust me it is much better to lose %35 than losing %100. Withdraw them to a bank account and after that, withdraw them from the bank too. I don't know whether you buy bitcoins or gold but if you don't like the situation of your country, don't support them by giving your money to the system. If you are capable to win in the forex market, then you can do it again with bitcoins too. And guess what, there are no taxes!

i dont know if your broker will accept, but i'm using neteller for a long time and never had any problem. Very fast and secure.
There are others like skril and okpay that seems good too. but maybe your broker doesnt work with these.. idk.

Why i would lost 100%? in Mexico forex pay taxes. They are a bunch of thieves and they tax for everything, i hate this country.

Yeah my broker accepts neteller withdrawals and skrill. By any means i won't ever pay taxes of my forex profits to mexican Gov. The only problem is that if you want to buy bitcoins using neteller usually bitcoin is much more expensive than in a btc exchange. I also heard neteller freezing people money or things like that :S i know you never had a problem but i'm skeptical when is about to using neteller as a bank, because i could actually use neteller and ask for a neteller debit card and withdraw cash at a ATM but what about if they freeze my neteller account? There's a lot of neteller cases all over the internet of people that lost everything there.

I was thinking withdrawing 2-3% of my forex profits to my local bank (small amounts won't call the attention of the state) and buy bitcoins right away then exchange btc for USDtether.

If there's no way to reinvest the money to corner costs then just direct the funds to your bank and pay the tariff.

Over all reasoning there aren't too many banking providers that will handle BTC with that extent. By no means wait until one comes, but that takes years.

In my opinion it's cheaper to pay than get scammed by banks.

You're feeling doubtfully with a lot of kind service and at the end, you got your own answer. oh god this so bored.
are you wanna try for using a divide into some part of your amount and would for send them through the Netteller or skrill?I mean the second option for you.

I really do pity you living in such a corrupt country,  yeah all countries have their problems but Mexico seems to be a real hole.  if i were you my friend i would get out of there as soon as..... :'(

There are some listed review about bitcoin exchange comparison: https://99bitcoins.com/best-bitcoin-exchanges-comparison-review/
Dig deeper first before dealing with it, maybe research to bitcoin forum is good idea.
Well your country situation is worse than I thinking, I'm sorry for that.

Is there a option you to buy something for money you have online, and then to sell it and take the money?
Is that even possible to do? I live in similar country like you do, and I avoid any paying taxes as I can. I found one guy who is good with computers and banking system I sell my bitcoins to him or buy from him, he has very nice 5% fee and that is fine by me, cause its only fee I'm paying.
You need someone trusted to do same for you, and live close to you.

I doubt what you asking for exists (as long as "internet bank does"). Like you said before, you will not be able to create any account where you can deposit USD that is not attached to your name. Unless you want to create an account in some offshores place or something.. you are going to pay the 35% cut. With crypto it would be easy to withdraw, but when dealing with USD it's too hard to avoid the radar. I don't know how offshores stuff works, I have never avoided taxes.

What do you mean by "exchange that to BTC inside that service"?

I don`t know about banks that offer that kind of service.

I don`t trust coinsbank.Don`t use them.

No need of cryptobank because cryptocurrency are safe by itself and we all user have laptop/ smartphone to access our bitcoin and if unfortunately some one don't have both of the device then he could prefer bitcoin ATM. But cryptobank will make the situation worst because there is more possibility of scam and money laundering schemes. I am happy without any cryptobank

No no need of cryptocurrency bank. When we can control our money by ourselves then why should we need banks and all services. Let us enjoy our money by ourselves. Even if cryptobank are opened then they will not work for free they will definitely take charge of their service and better then that use blockchain wallet that's it

What's need of cryptobank can any one explain me its benefits. I am seeing obit it's negative effects like it will launder money from common people and you will pay more than $20 per year in there service charge so skip cryptobank and lets rock ourselves

Try using Payoneer. First you gonna need to register an account and get an American Checking Account. Then you gonna order a Mastercard(its free, and you dont pay for shipping and anything), it takes about 1 month to get it delivered. Once you receive it, withdraw the money to to your American Checking Account that was provided by Payoneer. It takes couple of business days, but once it gets transfered, you will be able to cash the money at ATM from the Mastercard that was provided by Payoneer...

Yes you can't have better solution than this, find local bitcoin exchange platform or local guy with bitcoin to have face to face deal.
If you only withdraw like $1000 around per week than your bank may not suspect or taxed you for few times. Don't try with $10,000 per time also if you like to be safe from getting big loss due to bitcoin price volatility tether is good option however i recommend to save your bitcoin in bitcoin address rather than converting them to tether and trusting any centralized corporation.

maybe next time try trading forex with bitcoin directly, you want to have bitcoin in the end right? so why not do it directly in a place that offers bitcoin deposit and withdrawals.

but remember to first search for pros and cons of doing so and learn which place is the best to do it.
http://www.investopedia.com/articles/forex/081815/benefits-risks-trading-forex-bitcoin.asp

And it is not even 35% of the total money, but "only" 35% of the winnings.

Yeas it is an obscene amount and I undersetand that you want to get around that. Are you sure they will tax this amount for this type of investments? It seems more like the amount they tax on your daily job.

Atleast in the Netherlands I believe it is taxed at a different level.

Try this: https://cryptopay.me/

Is not a bank but may help you.

Hello,
I read your post and will like to tell you about Payoneer. You may have heard about it.
Register with them and you get an online bank account with the Bank of America domiciled in USD

You also have the option of opening another bank account with WIRECARD, Germany (Euro currency) if you wish.

Both accounts will be in your name and you get your own atm card for withdrawals. ;D

Which broker accepts neteller?
I have been trading on forex on some brokers and want to hide my name from them this time. if i have to go back, I want to use different account.

this depends on the withdrawal options that your broker is offering you! there are so many different online wallets for fiat that you can use to buy bitcoin with. and they don't have as much trouble and certainly not a 30% fee!

take a look at options of deposit on btc-e and c-cex for fiat deposit and then look at your broker and see which one they offer as a withdrawal option.

If it's that much money, it might be an option to open a bank account in a tax haven or something.
You'll need more than a couple of thousand dollars though.

I personally feel like you should just pay your taxes and avoid Forex brokers that require you to withdraw to your bank account in the future.
If you invested so much there, why didn't you read into how they handle withdraws?