I looked at Coinbase, Gemini and Kraken and all seem pretty restrictive on getting money out with fairly low daily/weekly limits etc... How do you do it?
But in GDAX you cannot sell for USD. I guess OP was asking about converting to USD with higher limits. Coinbase is only 15K per week I guess.
Yes, I'm looking for ways to convert to USD. Actual money in a bank account, not tether.
Also curious how.
Was just thinking about this. If you sell for USD on Gdax will you need to pay capital gains tax? More specifically, will the IRS *know* the trades you made and expect taxes from you?
Ward
Apply for limit increase. GDAX increased mine to $100k per day with no issues
And sent a notice to IRS that they need to visit somebody this March.. make sure you file the taxes right.