Countries where you can easily open a bank account and cash out your crypto

[bhabygrim]

Here in the Philippines ,
I have read it before in oyr local section that a forum member withdraw from an exchange to his/her bank account.
And also we could easily cash out our crypto using our local wallet called coins.ph .

[okala]

Here in the Philippines ,
I have read it before in oyr local section that a forum member withdraw from an exchange to his/her bank account.
And also we could easily cash out our crypto using our local wallet called coins.ph .

The Philippine have been known for it support for cryptocurrency trading but is there any crypto exchange in the Philippines that offer direct cash deposits from the exchange to bank?

[erikalui]

I asked a Dubai exchange and they said they allow bank withdrawals from non-residents too and I guess many non-residents of countries that have accepted crypto will allow you to deposit/withdraw from a legal exchange like EU and even America but opening a bank account comes with more problems as they do a thorough verification. I don't see it as a huge problem though.

[salty]

In Ukraine, it is possible to exchange cryptocurrency through exchange offices without being a citizen of this country.In General, I think such exchange offices can be found anywhere in the World.You just need to track the forum in the section you are interested in.I think if you want You can easily find the necessary information and no problems with the withdrawal or purchase of cryptocurrency You will not.

[Naida_BR]

I have a problem in cashing out my crypto and I found out that there are online banks where you can open a bank account with just your ID and a selfie. You can also use some credit/debit cards I think that we are able to use this services. Revolut and Leupay
I think that these services can be used from the majority of people around the world, however there may be some restrictions to some countries.

[acharias]

I haven't had any issues at all so far. Any transaction under 10K EUR doesn't even get flagged, at least not if you have a normal income etc.

[Splatters]

I haven't had any issues at all so far. Any transaction under 10K EUR doesn't even get flagged, at least not if you have a normal income etc.

Yes agree, unless you're without job or any way you're without any income, I don't see any reason to be tracked under that amount of money. Of course if huge amount of money arrive to you account, it's normal that someone from the bank ( usually it's an automatic process) will report you to tax authorities.