Many people might get lucky with few coins but how to cash out?

[Waldorf77]

The economic situation is not crypto friendly let's say you want cash out some crypto in your country and Banks it's difficult.
Do you think something changes so people can more easy declare with lower taxes or no taxes at all their crypto
Im sure here is more people who want to know how to act in this scenario:
They bought coins got lucky now they want to cash out some 100-500k or even few milions or even more so where in the world they can walk in bank the bank will give their cryptocurrency wallet address you make crypto transaction they Open for you bank and you have legit money not many better If not any questions asked money in your bank account.
And where is low taxes and easy way to deal crypto? And where the goverment trusted i mean not many people trust some small off shore countries easy.
Could the Monaco Will be option ?

[Futurexxx]

The economic situation is not crypto friendly let's say you want cash out some crypto in your country and Banks it's difficult.
Do you think something changes so people can more easy declare with lower taxes or no taxes at all their crypto
Im sure here is more people who want to know how to act in this scenario:
They bought coins got lucky now they want to cash out some 100-500k or even few milions or even more so where in the world they can walk in bank the bank will give their cryptocurrency wallet address you make crypto transaction they Open for you bank and you have legit money not many better If not any questions asked money in your bank account.
And where is low taxes and easy way to deal crypto? And where the goverment trusted i mean not many people trust some small off shore countries easy.
Could the Monaco Will be option ?

Your overall write up is very confusing and to be sincere with you, am quite sure that like 95% of  persons that read this your write up wouldn't understand all that you are saying, but talking about the title of the thread, I think I understand a little bit of what you are trying to say, I believe that you are trying to talk about the difficulties you or other people are encountering in your country on how to make crypto related withdrawals if am not wrong, so if that is truly what you meant, then I think that withdrawing you gains or even your crypto asset shouldn't be an issue, because most of this crypto exchange are also operating p2p services.

Just like in my country, their is a restriction on cryptocurrency, but we mostly use p2p services to fund our exchange account and even withdraw money from it, without the banks knowing that it's a crypto related transaction, if not, if they knew that it's a crypto related transaction, they will definitely freeze the receivers account, so I believe that it's also possible in any part of the world where crypto related activities is being restricted, just that while doing it, we don't use crypto related words in our description when doing transfer, and we also don't add cent, like if it's 20dollar we are withdrawing, let's no fraction like cent be on top, if not, they are going to know that it's a crypto related transaction.

[Huppercase]

The economic situation is not crypto friendly let's say you want cash out some crypto in your country and Banks it's difficult.
Do you think something changes so people can more easy declare with lower taxes or no taxes at all their crypto
Im sure here is more people who want to know how to act in this scenario:
They bought coins got lucky now they want to cash out some 100-500k or even few milions or even more so where in the world they can walk in bank the bank will give their cryptocurrency wallet address you make crypto transaction they Open for you bank and you have legit money not many better If not any questions asked money in your bank account.
And where is low taxes and easy way to deal crypto? And where the goverment trusted i mean not many people trust some small off shore countries easy.
Could the Monaco Will be option ?

If I can be in crypto space and get $100k with randomly and unexpected, I will try and get the local market knowledge, where I can sell my crypto without worrying much about tax and if it's something that is illegal not paying tax, I will pay and be a free man. It's better to have a safe withdrawals to your bank and pay the tax than be reap by some people yiu don't know in the outside crypto safe zone.

However, if there is no safe place for crypto in my country and the government mandated people to pay tax, I wouldn't. I will rather look for some credible merchants and sell my crypto to them for cash and it's going to be less than a $10k until all my crypto is completely liquidated into fiats. But on a second thought, do I even need the  cash when I can used crypto to buy something directly without any conversion, this is better.

[Asiska02]

However, if there is no safe place for crypto in my country and the government mandated people to pay tax, I wouldn't. I will rather look for some credible merchants and sell my crypto to them for cash and it's going to be less than a $10k until all my crypto is completely liquidated into fiats. But on a second thought, do I even need the  cash when I can used crypto to buy something directly without any conversion, this is better.

The OP could have preferred to use that method but it seems it is going to be a very tough one on him again if the country or what he wants to buy don’t accept crypto as payment. To have come into crypto the first time, you should be aware of the policies surrounding it in your locality and also know how to spend them when you’re ready to. The issue of tax from the government should have been known earlier before venturing into it. OP can always find a way out to sell his coin for money, if he’s scared of been scammed, can always ask questions on how to go about it.

[Wiwo]

However, if there is no safe place for crypto in my country and the government mandated people to pay tax, I wouldn't. I will rather look for some credible merchants and sell my crypto to them for cash and it's going to be less than a $10k until all my crypto is completely liquidated into fiats. But on a second thought, do I even need the  cash when I can used crypto to buy something directly without any conversion, this is better.

The OP could have preferred to use that method but it seems it is going to be a very tough one on him again if the country or what he wants to buy don’t accept crypto as payment. To have come into crypto the first time, you should be aware of the policies surrounding it in your locality and also know how to spend them when you’re ready to. The issue of tax from the government should have been known earlier before venturing into it. OP can always find a way out to sell his coin for money, if he’s scared of been scammed, can always ask questions on how to go about it.

P2p offers such chances to sell your crypto In bulk I think here in my country even though there is high climb down on crypto transaction, most cryptocurrencies traders and investors still fine they way to keep they bulk transactions u der water, and such is easy, all that the bitcoin holder need to do is to make sure he did not go above his bank limit on deposits, so since that become the case, you need to look for a vendor that deal on large amount through market ace on online exchanges that allow P2p trading.

Or looking for a physical exchanges shops that deal in bulk amount,  it the disadvantage with this is that the rates are relatively low that is why mny cryptocurrency traders prefer black market and online exchange who are mostly centralised.

[Nwada001]

If I can be in crypto space and get $100k with randomly and unexpected, I will try and get the local market knowledge, where I can sell my crypto without worrying much about tax and if it's something that is illegal not paying tax, I will pay and be a free man. It's better to have a safe withdrawals to your bank and pay the tax than be reap by some people yiu don't know in the outside crypto safe zone.

Different countries have different ways of dealing with capital gains tax and also all property and crypto-related taxes, which means it should be best for the Op to follow the right authorities to know how to do it right rather than even looking for the best way to escape it and get trapped in the middle, like you have pointed out. 
 
Back here in my country, I have made a few profits from crypto, which I bought with nothing, and I don't think I have ever accounted for tax on them, nor have there been a need for such to happen since our P2P means of converting from crypto to fiat is very easy to do without stating the means used in getting the funds, which means there is no point in reporting tax.

[BitMaxz]

I think your problem is the bank since you said if you suddenly got lucky, earn crypto with a huge price increase, and want to exchange it, then deposit the large amount to the bank without being questioned?

I think banks usually don't ask questions if you deposit such a large amount. They might be called to offer some services but not related to the amount you deposit. This is just based on my experience, and it happens all the time, not only to you but to other people too, without being questioned like source income, etc...

About the taxes, you need to follow your local regulations if you don't want to be questioned by authorities.
If you want to get rid of taxes, then P2P is your option, as suggested above. The problem is the rates are far from the CEX price.