What other exchanges are there that I can use to deposit ETH, exchange for USD, and then withdraw to a US bank account? Possibly, even a wire transfer.

I’ve been trading NFTs since the end of 2021. I made all of my ETH and income doing only that. I only use coinbase to exchange some ETH into USD once a month for bills and mortgage. All of it was properly reported to the IRS and the taxes are paid on it.

They’re asking for a letter from my HR department, payslips, loan agreements… wtf

I don’t have any of that, lol

  • road22@alien.topB
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    10 months ago

    I think because you are only cashing out and not purchasing.

    I would take some of the cash you receive, go to Gemini and make buy some ETH.

    Then remove the ETH to your cold storage.

    If you are cashing out more than you have deposited, then it will raise a flag.

    For all they know you are doing something illegal and getting paid in Crypto.