C
chimp555
Rising Star
Bronze Level
Hey all,
I recently had a pretty big score (high 5 figure) on an unregulated US facing site (where I live) and have used the bigger bankroll to run it up even further over the past few weeks. I've been withdrawing in high 4 figure increments in bitcoin with no problems from the site. I've been withdrawing to a wallet and then sending the coins to multiple exchanges to sell and withdraw to my bank account. However, today I received a notice from cex.io that they will not process any more activity from me until I fill out a form to verify the source of my funds and I'm fairly certain if I'm honest about the source being online poker then they will freeze my account. I still have some other options (Coinbase, etc) but I'm now getting uncomfortable that this will happen at other exchanges as well. Also, Cex.io had much much lower fees for selling the bitcoin.
Does anyone have any suggestions for the best exchanges to process 10K+ amounts of crypto with minimal resistance (and low fees, if possible). I plan on paying taxes and whatnot so I don't mind if it's "trackable" or not.
Thanks!
I recently had a pretty big score (high 5 figure) on an unregulated US facing site (where I live) and have used the bigger bankroll to run it up even further over the past few weeks. I've been withdrawing in high 4 figure increments in bitcoin with no problems from the site. I've been withdrawing to a wallet and then sending the coins to multiple exchanges to sell and withdraw to my bank account. However, today I received a notice from cex.io that they will not process any more activity from me until I fill out a form to verify the source of my funds and I'm fairly certain if I'm honest about the source being online poker then they will freeze my account. I still have some other options (Coinbase, etc) but I'm now getting uncomfortable that this will happen at other exchanges as well. Also, Cex.io had much much lower fees for selling the bitcoin.
Does anyone have any suggestions for the best exchanges to process 10K+ amounts of crypto with minimal resistance (and low fees, if possible). I plan on paying taxes and whatnot so I don't mind if it's "trackable" or not.
Thanks!