/biz/ - Business & Finance

what do you mean by "flagged" by a bank?

can you translate your retard talk?

Sent money over 10 times and haven't got a problem

Where are you from?

>withdrawing
We won't need to. Just hodl.

>>4280481
Which country is "my country"?

I'm from the Netherlands and only use Kraken. And I did notice my withdrawals came with the description: "Meldepflicht beachten" which I assume is German for "follow the obligation to report" or something. But I've done it many times so far, with small amounts, and I never had any issue with it.

>>4280493

marked for suspicious behaviour

>>4280526

Cyprus but my bank teller told me that this applies to all European Banks. The scans are random. It is illegal to transact with bank that are "intermediaries of bitcoin".

>>4280567
>Meldepflicht beachten
Automated message apparently.

I wouldn't withdraw any sum I'm not willing to lose to jews. So I'd keep my withdrawals at 100€.

>>4280605


100 euro? dude each time the fees are 60.

>>4280612
€60 fee just to cash out?? are you for fucking real?
it's like they always say i guess, jews always win.

>>4280612
For sepa withdrawals the fees are 9 cents.

https://support.kraken.com/hc/en-us/articles/201893608-What-are-the-withdrawal-fees-

>>4280585
You get fined for being suspicious? Just report it on your taxes and what's the problem? Either that or the bank denies the transfer and you still keep your coin. Why would fines occur? What's the violation?

>>4280637

fml. did not notice that. what is the difference and why is it so cheap?

>>4280671
>what is the difference and why is it so cheap?

EUR SEPA Withdrawal - EEA countries only (€0.09)
EUR SWIFT (SMBC): available in most countries (€60)

You're using SWIFT instead of SEPA, maybe SEPA isn't available in your country

>>4280650

An intermediary bank of Kraken has been involved in money laundering.

Also, in Cyprus bitcoin is not taxable. Whatever is not taxable is illegal. (in a way)

>>4280671
No idea. But considering the height of the fee my guess is that the swift one requires manual action, for example to register something, and the sepa one is fully automated.

You can transfer it into bitcoin then use localbitcoin or one of those sites to trade with someone in real life or for someone else to transfer the money into ur account

>>4280677
>Whatever is not taxable is illegal.
That's ridiculous. Move out of your shithole. There are no taxes on crypto in Denmark (ironically so).

>>4280719

yeah. been trying to move to either Denmark or Netherlands.

>>4280481
anycoindirect.eu

>>4280735
>Denmark
It couldn't be any easier. Do you need any tips? I moved here last year to study.

After sending a wire , I had a call from Citi from a call center where a person gave me a speech about CryptoCurrency and its risks.
Brave New World

>>4280814
>Please bare in mind that using cryptocurrency puts you at risk of receiving unwanted harassment calls from banks

I'm from Italy and i use Uphold with no problem, this is what i do:
Send crypto from exchange to Uphold(they have btc,eth,xrp,dash...), convert from crypto to euros INSIDE uphold and then send those euros to my bank account (this takes 3-4 days). No problem whatsoever

>>4280752

yes please. any tips would be great/

>>4280735
Does Netherlands not have taxes on Crypto gains?
never cashed out any large amounts so I never bothered to check

>>4280912
We have capital gains taxes, but not on your actual gains, but on an imaginary gains of 4% a year. Then it's 30% of that or something, so in the end you pay 1.8% of your entire capital if you cash out.
I hear they want to change this though, since it's unfair to stock people who make less than 4%/year...

>>4280912
It are standard box 3 savings tax. No further taxes on transactions or gains/profit.

You report your savings on everything you own on 31 december just like regular euros and stocks. You subtract 25k euros from that amount if your single or 50k if your married. And then you pay box 3 taxes over the remaining total value. Which was around 1,2% tax in 2016. The calculation became more complicated in 2017 but the net result is comparable.

>>4280885
Best way to move is to enroll to a college. You'll also get about 800€ a month from the state if you have a part time job. You can also come for work, but keep in mind that your option if you don't speak Danish is mostly limited to nighttime newspaper distribution (I started there last night, very tough job, but the pay is worth it). If you already made it and can make a living off crypto you'll just need to prove (iirc declaration should be enough) that you have enough cash (~1500€ I think?) to sustain yourself. Keep in mind that Denmark is quite an expensive country, but you can make it on ~500€/month if you don't mind living off frozen pizza and pasta (I don't!).

Anything else you'd be interested in?

I had to call my bank and have then unlock the ability to send money internationally.
And they asked me a bunch of questions, what I was going to do with the money, how often I was going to send money, and so on.

Fucking Jews, the taxing body probably have me in their sights the moment I cash out

>>4280944
>>4280948
thanks anons

>>4280481
I sent 11k Euro to Coinbase a few days ago with no problems. Fuck Kraken.

>>4280944
30% from 4% is 1,2% effective taxes.

And yeah, since 2017 you first substract the 25k (or 50k if you have a partner).
Then you pay 30% taxes over 2,8% of 0k to 75k euros.
30% taxes over 4,6% from 75k to 975k euros.
And 30% taxes over 5,4% over everything you own above 975k euros.

So effectively the taxes for poor people is now something like 0,84%. While multimillionairs have to pay more taxes.

>>4281002
This doesn't exclude your house and such. Just your savings.

>>4281002
This doesn't include your main house and such. Just your savings like euros, stocks and bitcoins.

>>4280949

Thanks man. What is an iirc declaration? Do I get assisted living is I enroll in a university there?

Maybe Bitpanda? They’re based in Vienna, so I’d assume they use unsuspicious EU banking.
You can send BTC there and convert them to €. Though ofc. they pay a few % below market.

If I make a lot on crypto I'm seriously going to arrange a sort of VISA marriage for Denmark/Netherlands, even though I'm already an EU citizen.

use local trades or local exchanges
whats so difficult about that?

>>4281108
iirc = if I remember correctly

You'll just sign a paper that you can afford to live here before you find job. They'll help you with paperwork if you enroll.

>>4280481
Just go with SEPA via Coinbase, only to cash out.

>>4280676
>SWIFT

>>4280567
Kanker kraken. Welke bank?

>>4281183

thank you. researching for schools.

What's the most chill major to enroll if you reckon?

>>4280481
never had a problem with, and I send 4-5k a month for the past 3 years

also I live in Greece :P

>>4281459
I'm studying Tourism & Hospitality management. Literal meme, but it's easy as fuck. Few projects and maybe 2 exams per semester.