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

  • Zoenboen@alien.topBEnglish
    1·
    1 year ago

    Coinbase is no decentralized. They don’t care about privacy. This isn’t on-chain.

    You’re asking for ways to evade taxes and regulation. People go to jail for setting up those systems.

    • Aliyu2g@alien.topBEnglish
      1·
      1 year ago

      I believe exploring the option of setting up a private smart contract could offer a more discreet approach without revealing individuals details.