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Author Topic: Withdrawing to spanish bank account.  (Read 116 times)
Big-moon-discord (OP)
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January 09, 2018, 06:20:38 PM
 #1

Hey i want to withdraw bitcoin to a bank account in Spain, does anyone have any experience doing this?
I want to know what taxes i'll be liable for? What questions they'll ask? And how to prove this isn't illicitly gained.

Many many thanks,

cryptotrader77
JesVarez
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January 09, 2018, 11:38:53 PM
 #2

What I usually do to withdraw to my bank is to sell the Bitcoin to a member in exchange for his PayPal, this way you can even get some % in your favor, and then from PayPal withdraw it to your bank. Also, I believe some wallets are able to do this withdraw from you but in exchange of some fees.
Big-moon-discord (OP)
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January 09, 2018, 11:52:59 PM
 #3

Thanks for replying. Do you know anything about declaring it for tax purposes?
JesVarez
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January 10, 2018, 02:03:08 AM
 #4

Couldnt help you there since there is a lot of difference between countries regarding that, good luck to you withdrawing, just make sure if you are going to trade it with someone to check their reputation. Dont get scammed.
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