I’m trying to sell some btc I received as part of a gift! What are the complications? Can I just sell on an exchange and transfer to my bank account ?
P2P (probably via Binance) is the best way to get money back in account. Most of the exchanges dont support popular banks to credit the amount.
Why not take advantage of the about to bull market than just option out.
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You will lose some in transition fees… might make sense to just leave it there if it is not a very big amount for you.
Fees are fine, but I need to sell it to put money in stock market, what tax implications I have ?
It’s going to be the same as when someone gifts you stocks.