Topic: Is it legal to sell bitcoin for cash ? - page 13. (Read 26809 times)
dealing in cash is not a legal thing.
no its not legal to sell bitcoin for cash
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so? The amount is close to 3-4K.
Thanks for reading.
I do not think this should be done. Because Bitcoin cannot be used freely. Yes, maybe this is in my country. But I do not know if in your country is allowed or not to sell Bitcoin in cash. Thanks for reading.
is not that a bitcoin benefit? we can sell it and get cash from bitcoin. so why there is legal or illegal question? yes maybe in some country it is called illegal, whatever the cause, i also do not know it
I was wondering if it is legal to sell bitcoins for cash in person using localbitcoins in WA or OR? I wouldn't be a money transmitter as I would be receiving or giving the cash directly/in person. I did read a story about someone getting in trouble in Illinois. Considering I'm not doing anything illegal like in the case of the man in Illinois, could I get in trouble for simply buying and selling bitcoin in person in WA or OR?
yes, ofcourse . You can search in google you will find a lot of website selling and buying bitcoin in cash
Its legal in some places but if you are in a country who prohibited its people to buy cryptocurrency, better to follow on that rules to prevent any consequences. A lot of people are selling their bitcoin personally here in my place, its safe and its easy to do so try to make sure if your country don't regulate that kind of transactions.
It depends what country you are in. In my country i think there is nothing wrong of selling bitcoin in cash. In fact there are people will pm or send private message if the account is for sell and yes if they want to sell their bitcoin.
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.
hello sir,i think selling bitcoin in cash is legal,if they want to do that then why not we have to respect what is their dessicion if they want to sell there bitcoin. Thanks for reading.
As of Now, there is no government influence on selling and Buying Bitcoin. In my country government didn't take any action about banning the Bitcoin. But they are collecting taxes on Bitcoin conversions while converting the Bitcoin to fiat currency we have to pay taxes.
is it question from a LEGENDARY memeber 
I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so? The amount is close to 3-4K.
Thanks for reading.
Depending on each country. Is your country Bitcoin legalized and allowed freely? If in your country Bitcoin is free to use in any case, I think this is a good thing to do. But if in my country is still legal to sell Bitcoin in cash. Thanks for reading.
yes, ofcourse . You can search in google you will find a lot of website selling and buying bitcoin in 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.
Legal to convert bitcoin to cash some app can convert btc on cash. It is easy because you can withdraw your money in the ATM machine because you cannot release your btc by AYM machine Thanks for reading.
There is a lot of information about the legal status of Bitcoin.
https://www.irs.gov/newsroom/irs-virtual-currency-guidance
But if you can find a local dealer and sell your coins, do it. In a few years, we will have a clear situation on what is the best option for selling, buying and paying taxes for Bitcoin.
I some countries you can read clearly about it and already do the right moves, but in my country is still messy and there is not enough information about what we should do. I just go to the dealer and sell it. And no he is not registered or he is paying taxes, just a good old black market. For now...
https://www.irs.gov/newsroom/irs-virtual-currency-guidance
But if you can find a local dealer and sell your coins, do it. In a few years, we will have a clear situation on what is the best option for selling, buying and paying taxes for Bitcoin.
I some countries you can read clearly about it and already do the right moves, but in my country is still messy and there is not enough information about what we should do. I just go to the dealer and sell it. And no he is not registered or he is paying taxes, just a good old black market. For now...
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 the right word to use is to exchange or convert your bitcoin to your local faith currency which is generally legal to do so and there is no illegality is doing so. Thanks for reading.
For me, yes its a legal. There is nothing wrong if you want to sell your bitcoin to cash.
I know a lot of people from my country that sells bitcoin for cash and they prefer it this way because the transaction is way more faster. And I think this kind of activity in my country is not yet illegal since our government is not talking about this. So it really depends which country you belong and how they handle crypto from your side.
as long as there are no regulations from our government and there are not illegal for us to buy and sell bitcoin, we could still sell bitcoin for cash. and I see in many countries, bitcoin still be used by the people and they don't break any law. but I don't know more about this because, in my country, people still trying to buy and sell bitcoin and they are making much of money and still continue until now.
I think that selling bitcoin with cash is legal. There are still no regulations that are implemented because bitcoin world is still unfamiliar to many people.
If in a particular country there are no legislative acts that would prohibit exchanging crypto currency for fiat money, then such operations will be completely legal. In order for this to be recognized as illegal, there must be a prohibition set forth in the normative act.
While in most countries such operations are absolutely laws and I hope that this will continue in the future.
While in most countries such operations are absolutely laws and I hope that this will continue in the future.
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