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Author Topic: Huge profit but how to withdraw  (Read 931 times)
mbe48
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March 07, 2021, 03:56:09 PM
 #61

Hi.
I don't think you need to move to a legal Crypto country, if only to withdraw that large amount of money. The state only prohibits Crypto in the form of transactions, a small example is buying and selling of goods using / replacing fiat money with Crypto. Crypto is a digital asset with an investment functionality that might be just fine. And a little advice, if you want to make a withdrawal, maybe you can set the withdrawal time and the amount to be withdrawn
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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March 07, 2021, 04:33:12 PM
 #62

If that scenario happened to me I will most likely move to a country where I can withdraw the money. Citizenship is not easy but you can do peer-to-peer transactions outside your country since your banks in your country would probably block the incoming deposit if they find out that it came from crypto. If I found a way to withdraw funds from crypto in my own country it would be better. I'm sure even if it is banned in your country there is someone who is willing to buy that in your country, You just have to find a way to find them.
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March 12, 2021, 02:56:28 PM
 #63

Wow you guys are advising him to break the law? No matter what is the reason, when the government says you can not cash out/withdraw your Crypto into Fiat that means you can not. Let's try to be civil guys, it is fine to be a crypto supporter but that does not mean we can break the law here.
There is a simple way to do it, just move out to a crypto-friendly country and cash out there. Afterward goes back to your country, with it you can get your profit and at the same time become a good citizen or ask someone you know out of your country to withdraw it and asking him/her to send it back to you.
This looks simple but if we do not change this habit, it will bring a huge impact on our behavior and it might have a negative impact on the country itself. Always looking for the bigger picture, please.




Which i guess might be the best thing to do to not break the rules and the law of his country since it is the main concern of OP's thread. I may also get other side of using some much reliable VPN to withdraw because knowing a USDT value was only $1 then withdrawing it outside in his country will also cost him that much too. Though withdrawing a 1million USDT by having a $1 USDT value still worth a million, so of course if i were him i will always choose to do the things that i may never get in trouble.
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March 12, 2021, 03:02:15 PM
 #64

as work with online commerce have with different option of selection with the instruments and payment system it might be fine as managing return of trading to put there still in online account as pragmatically expending the balance to deliver good stuff to anti crypto country.

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March 12, 2021, 03:03:31 PM
 #65

My advice is that you can take advantage of money exchange services from abroad and can transfer it directly to your account through someone's services and that uses a fee. but for me it does not matter you can still get money and the government will not be able to trace where your money comes from
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March 12, 2021, 04:46:45 PM
 #66

1 million usdt? seems you need KYC for that if you want to withdraw all your money. If you country is prohibited of using cryptos then I guess you must fly to the crypto friendly country because 1 million is huge my friend, don't trust to the other people that will process to withdraw your 1 million..

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March 12, 2021, 04:59:52 PM
 #67

1 million usdt? seems you need KYC for that if you want to withdraw all your money. If you country is prohibited of using cryptos then I guess you must fly to the crypto friendly country because 1 million is huge my friend, don't trust to the other people that will process to withdraw your 1 million..
I think your solution is too much.

there is a better solution and I think the OP has got the answer and solution to the problem.
many members who provide P2P-related solutions that can help him. I think that is the best solution.


I think this thread should already be locked. Moreover, the OP has also been inactive to discuss the topics he asked about.
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June 12, 2021, 09:31:30 PM
 #68

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?

With your posts in the recent weeks, and with your questions, i doubt you'll get that kind of profit. so you got nothing to worry about.
bounties will not make you that kind of money, trust me. Neither will meme shitcoins
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June 12, 2021, 09:34:24 PM
 #69

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?

First of all congratulations to your huge profit, if you come from a second or third world country then you never have to work again in your life if you don't go crazy and spend everything. If the amount of money is really that big than it is probably worth the effort to move to another country to get the money to a bank account and then you need to check if you can just transfer it to your bank account in your home country then.
I also want to add, please don't trust anyone who writes you a personal message now in this forum and wants to help you and is asking for details and stuff.. they just want to scam you be safe and never tell anyone your keys or passwords.
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June 12, 2021, 10:01:08 PM
 #70

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?
Why do you have to go against your country? If I were you, I wouldn't do that, but sometimes some situations go different. The government doesn't support it, but everyone does it. We know that so many countries have already banned cryptocurrency but the top volume is also there. But I'm sure that you can't spend 1 million in a few days. My suggestion is to go crypto support a country or withdraw it as remittance.
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June 12, 2021, 10:07:06 PM
 #71

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?
You should nothing to worry about the transactions if you get 1million usdt. You need to transfer to other country which crypto transaction are legal and follow the process and pay whatever taxes will charge so that you can easily get the 1million usdt.
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June 12, 2021, 10:40:29 PM
 #72

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?
the solution is quite easy, safe everything in stable coins, and you can withdraw every month,
because in anti-crypto countries it is difficult to withdraw in large quantities, and the solution I gave you should be able to use,
there is no problem if you safe it in stable coins, because it's so safe

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June 12, 2021, 10:47:43 PM
 #73

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?
If your profits are that high then without a doubt the best thing to do for someone in your position will be to relocate yourself to a country that is friendly towards cryptocurrencies and if possible to move to a country that has low taxes.

This will require a big change in your life as changing your place of residence and moving to another country is a very big step but when we are talking about an amount of money that is so massive then without a doubt it is worth the sacrifice as it is better to stay away from trouble especially if where you live cryptocurrencies are forbidden.

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June 18, 2021, 08:02:55 PM
 #74

I think step by step best way you can withdraw and convert in your country asset. Actually there are many third party buyer in my country where we can sold out stable coin with collect county assets. However if prohibited in your country then you can find P2P. I hope this is simple way and you can follow us. remember 1m usdt very high amount so you should take more safety.
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June 19, 2021, 12:25:46 AM
 #75

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?

Many exchanges have the option to withdraw to USD, I'm sure all bank accounts around the world can accept USD transfers, if you are still confused try Binance or Huobi I'm sure your withdrawal problem will be over soon.


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viananda2525
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June 19, 2021, 03:10:40 AM
 #76

i am pretty sure in your country there are alot crypto community , and you can make transaction p2p with one of them to liquidate your balance exchanges. today there are alot solution for this problem, exchanges feature or p2p trading can be the solution for it.

so far i didnt hear yet any countries that really bann access to deposit or withdrawl transaction. most of them only warn about risk investing in cryptocurrency.

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June 20, 2021, 04:56:38 PM
 #77

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?
There is no other solution but to move out of your country and live in a Crypto friendly country, if you insist on withdrawing your earnings in your country you will end up getting nothing and worse get imprison, many traders are already doing this you are not the only one just be discreet and don't let your government knows that you have that huge amount, that's enough to live in a third world country that is Crypto friendly.
Now that El Salvador has made bitcoin a legal tender they also established that you can become a citizen by investing 3BTC in the county which is roughly 100k, this is a lot of money for people like us but for people have a lot of bitcoin this can be a blessing as they can move to another country and begin from scratch and use their bitcoin fortune in the first country to recognize bitcoin as legal tender.

Obviously for people that are not that rich then this is not good enough but for someone that has 1 million dollars in cryptocurrencies this could be the fastest way to get access to their fortune in a legal way.

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June 21, 2021, 03:30:08 PM
 #78

Hi

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?
Other than moving to another country it would be wise to move your winnings to a p2p exchange platform with that you would both avoid the tax that would be charged as well as the cost of starting a new life in a different country.
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June 21, 2021, 05:07:56 PM
 #79

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?

What exactly bothers you?
In theory, there are only 2 risks:
1.large taxes
2. people who decide that your money is their money Smiley

The first problem is being solved. From changing the country of residence, to the "gray deal" through the sale for cash.
The second is solved in the same way - you need to leave the territory where there is an unhealthy interest in your money and there are no laws protecting you ... Or, knowing the risks, take proactive actions and play Rambo Smiley

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June 21, 2021, 05:19:59 PM
 #80

Hi

If i say i am from anti crypto country means withdrwals and deposits prohibited.

If i get a huge profit of 1million usdt. So how can i withdraw it, shall i move to crypto friendly country and withdraw or any solutions ?
Can not get your word right. If you are from non regulated country then How you make profit without making deposit where you already said withdrawal and deposits prohibited? Or I am thinking wrong?

Btw there is an way of  withdraw the fund from other countries/Neighbors countries then go there and withdraw it. But this also cost a big amount of money IMO. To get 1million $ this cost is very simple though. Smiley

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