Well, It's a very controversial topic. It is hard to say whether it is legal or illegal as it totally depends on the Country. You can say it country-specific
https://teerresults.net/
https://teerresults.net/shillong-teer-result/
https://teerresults.net/khanapara-teer-result/
https://teerresults.net/khanapara-morning-teer/
https://teerresults.net/shillong-morning-teer/
https://teerresults.net/shillong-night-teer/
https://teerresults.net/juwai-teer-result/
https://www.producthunt.com/@evan_derek
https://independent.academia.edu/minturbh
https://www.crunchbase.com/organization/teer-shillong
https://mru.org/user/153128/
Topic: Is it legal to sell bitcoin for cash ? (Read 26809 times)
I think it's going to vary depending on your geographical location and their policies. Because this is somehow a new technology there are policy vacuums in most places which makes it possible to sell crypto for fiat.
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.
Thanks for reading.
Thanks for reading.
Here in our country, it's very much legal, from what country do you want to sell your Bitcoin you did not mention the country where you want to sell it, in this case, if the country, where you want to sell it is banning Bitcoin then you have no way to do it, but my friend told me that they can do it even if it bans in their country, because it's anonymous just don't tell the transactions to authorities or anybody.
Federal reserve rules are applicable for all over the world centralized fiat cash. If you want to exchange the bitcoin, you must confirm that your fund is enough and that is lesser than taxation applicable for it.
Well I use to earn few bucks and I am very comfortable to exchange my bitcoins whenever I need. Please stay safe with the taxation problem.
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.
Thanks for reading.
Thanks for reading.
Here in our country, it's very much legal, from what country do you want to sell your Bitcoin you did not mention the country where you want to sell it, in this case, if the country, where you want to sell it is banning Bitcoin then you have no way to do it, but my friend told me that they can do it even if it bans in their country, because it's anonymous just don't tell the transactions to authorities or anybody.
At least, in my country, selling bitcoin for cash is fine, and we can sell it in the local exchange. I still buy and sell bitcoin, and I don't have a problem with this. But I don't know with the other country, and I think some country prohibited their people from doing this. I think soon if the government can accept bitcoin, it will be great news for the people because they don't have to afraid to buy and sell bitcoin.
Bitcoin as a digital currency is freely traded in countries that have legalized it, of course exchanging cash is no problem. Unlike bitcoin owners who live in countries that ban bitcoin.From this experience, exchanging bitcoin into cash can be done through bitcoin exchanges located in countries that legalize bitcoin to USD, then transfer to the owner's account in local currency.
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.
Thanks for reading.
I think that is a solution that needs to be sought,Thanks for reading.
,
-snip-
first find out whether bitcoin is prohibited in your country
-snip-
first find out whether bitcoin is prohibited in your country
-snip-
because if we break the rules that have been made by the state, it will definitely have an impact on ourselves. it might be better to talk or ask for more clarity in the forums available here according to your country to ensure that what you want to know about your question with the bitcoin problem. it can be believed the answer will be clearer and more certain.
At least, in my country, selling bitcoin for cash is fine, and we can sell it in the local exchange. I still buy and sell bitcoin, and I don't have a problem with this. But I don't know with the other country, and I think some country prohibited their people from doing this. I think soon if the government can accept bitcoin, it will be great news for the people because they don't have to afraid to buy and sell bitcoin.
In my country buying bitcoin is not against the law because there is a bitcoin exchange that accepts purchases and converts with local currency. So everything is legal.However, it is not permissible to make payments with bitcoin, because bitcoin is not recognized as a legitimate payment tool. What can be used is the official currency issued by the central bank.
This depends on the regulations in your country, because each country has different bitcoin rules. If in my country it is legal to sell bitcoin for cash. So it doesn't matter and everyone is free to do it in my country. There are also countries that ban so that people in these countries cannot sell bitcoin for cash. But the country's average is legal to sell bitcoin for cash. If I may ask which country do you live in ? Does your country ban bitcoin or not ?
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.
Thanks for reading.
I think you need to first find out whether bitcoin is prohibited in your country , and if you do not have anything against it, you can exchange , and so I would recommend to exchange in another country if it is prohibited in your country Thanks for reading.
At least, in my country, selling bitcoin for cash is fine, and we can sell it in the local exchange. I still buy and sell bitcoin, and I don't have a problem with this. But I don't know with the other country, and I think some country prohibited their people from doing this. I think soon if the government can accept bitcoin, it will be great news for the people because they don't have to afraid to buy and sell bitcoin.
As long there is no law enforcement, it is Okay. Seriously, I don't afraid to post selling BTC for cash on some group.
I don't have experience about the legality but I think the government never track your transaction if you use physical cash.
Your opinion is the same as mine, because selling bitcoin with cash is no problem, because the transaction is known by both parties where both are profitable. Because bitcoin is digital money, everything happens on the internet. So, who will forbid and violate what is done, no one will be harmed.I don't have experience about the legality but I think the government never track your transaction if you use physical cash.
In contrast to the sale of fiat money in cash must be wary because fraud can occur, for example, those who are exchanged for counterfeit money or money from crime.
What is the status on the legality of bitcoin and crytpocurrency in your country? In my country, it is perfectly fine to do so. A local exchange wallet allows us bitcoin users to easily have our bitcoins exchanged into our local currency, and we may retrieve this through remittances or have it transferred directly to our bank accounts. I don't see anything wrong with selling your bitcoins for cash, unless the mere possession of bitcoin is considered to be illegal in your country.
The feeling is mutual. In my country its not a big deal to sell bitcoin to cash because their has a wallet that we used to sell it into cash and we can also used it in remittance which is for me its very convenient to use. Its good to know that even if its not legal yet they still allowed us to used it and hopefully ot will continue and it will be better in the future.
as a legalization from the government, because they (exchange sites) also require KYC to register
The legality of bitcoin use does not depend on tax or kyc's but it depends on your governant if he or she wil allow the use of crypto in your country . bitcoin is legal on ours but they did not said that they will tax us . they did not say that we will must process a kyc before we use the wallet .
We are just using our bitcoins normally .
Well bitcoin was created to anonymously send and receive payments without third parties online, so i don't see an violations from doing it selling and converting into cash. Though some countries are not yet accepted bitcoin and it might still be an illegal acts of violations but in my on verdict and to the country i lived in then it is truly legal here to sell bitcoins and doing meet ups transactions.
I think the sale of bitcoin to cash is not a problem and does not violate the law, because there is a sale and purchase agreement in a bitcoin exchange company. Only habits that occur, if a large nominal is transferred through a bank, if it is small, cash is immediately paid.Of course the policy on bitcoin in one country is different from other countries, so it must follow the rules in that country.
If it's for business then you need to apply for the permit to be able to operate. But if you are just doing it for some people you know then I don't think it's illegal unless your country has clearly said so. But it's risky for buyers to buy on individuals who they don't know so maybe just recommend them legit website who offers those services.
What is the status on the legality of bitcoin and crytpocurrency in your country? In my country, it is perfectly fine to do so. A local exchange wallet allows us bitcoin users to easily have our bitcoins exchanged into our local currency, and we may retrieve this through remittances or have it transferred directly to our bank accounts. I don't see anything wrong with selling your bitcoins for cash, unless the mere possession of bitcoin is considered to be illegal in your country.
The feeling is mutual. In my country its not a big deal to sell bitcoin to cash because their has a wallet that we used to sell it into cash and we can also used it in remittance which is for me its very convenient to use. Its good to know that even if its not legal yet they still allowed us to used it and hopefully ot will continue and it will be better in the future.
as a legalization from the government, because they (exchange sites) also require KYC to register
Well bitcoin was created to anonymously send and receive payments without third parties online, so i don't see an violations from doing it selling and converting into cash. Though some countries are not yet accepted bitcoin and it might still be an illegal acts of violations but in my on verdict and to the country i lived in then it is truly legal here to sell bitcoins and doing meet ups transactions.
If there is a law in your country that make selling bitcoin or any cryptocurrency illegal then you can't sell it otherwise you'll face the consequences of selling it. But there are only few countries that banned bitcoins, some imposed regulations and the rest is seem to be neutral on cryptocurrencies, they neither ban or accept it but they allowed their people to use bitcoin and other virtual currencies.
As long there is no law enforcement, it is Okay. Seriously, I don't afraid to post selling BTC for cash on some group.
I don't have experience about the legality but I think the government never track your transaction if you use physical cash.
It depends if your country accepts cryptocurrency mate, the legality of selling bitcoin to cash depends on the country's law about cryptocurrencies as well. In our country, selling bitcoin just like selling an online mmo-rpg currency. You can sell it to anyone who is interested in it but just make sure not to scam the people you have a transaction with and you will have no problem with it. But if you willI don't have experience about the legality but I think the government never track your transaction if you use physical cash.
do it frequently, make sure to at least register your business in the Department of Trading Industry and get the license to sell your BTC.
As long there is no law enforcement, it is Okay. Seriously, I don't afraid to post selling BTC for cash on some group.
I don't have experience about the legality but I think the government never track your transaction if you use physical cash.
I don't have experience about the legality but I think the government never track your transaction if you use physical cash.
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.
Thanks for reading.
Thanks for reading.
If Bitcoin is legal in your country then it is safe to do so but you will need to make some agreement with your direct buyers of who will be the one to shoulder the tax in the future during fiat convertion as the net of your fiat in your local exchanges is already tax deducted therefore the expected amount will going to be small if the Bitcoin tax is applied.
Jump to: