The best way to convert Crypto into FIAT to avoid taxes?

in #money7 years ago

Hey guys,

I am really interested in knowing how do you convert your cryptos into FIAT if you ever need to.

What is the best or easiest way to do it to avoid taxes (if possible)?

Do you use localbitcoins?
Do you buy gold?
Do you just do it normally and hope noone comes after you for taxes?

Appreciate any hint you guys can give me!

Thanks

Sort:  

Why do you want to avoid taxes in the first place. But even if you do, I suggest payouts in tax heavens. If you are looking for some information about cryptocurrrency, especially NEM and ICOs around it, please visit my channel.

There are many ways, it depends where you are based?
One option would be kraken exchange

Hello, i did heard about some bitcoin debit card that you can charge with youre bitcoin and pay like a bank card. I d never try it but it seems to work.

At some level of payment, you often got an id verification. If you try one, care, scam are everywhere.

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