How I Cash Out My Crypto Profits To a UK Bank Account - How To Withdraw Bitcoin 

Most failures and loss on investment usually happens when you invest without proper guide and the analysis of the profit and risk percentage of the investment.

Crypto currency is one strong means people are raising their financial status now, so when you think investment I recommend you make it an option.

It's professionally recommended to trade your coins with experience brokers, who can help grow your coins while assisting you learn the trade.

I want to invest in bitcoin but I still can't grasp the entire concept.

@@sophieherbert4764 I'll suggest you make your research properly before venturing into it but I will tell you that is a good investment everyone is thinking right now.

Lots of folks are making millions off this downmarket but such info doesn't make it to the news..

@@corbynsmithe well the top players and pros have exclusive information and data trajectory that isn't disclosed to the public, knowing the strategies to apply in this time is one thing and having the right info to successfully pull it off is just another.

I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using an invt-coach for over 2years+ and I've netted over 1.5million

@@JurggenDietrich I guess that's why the demand for investment-advisers sky-rocketed by over 41.8% since the pandemic according to investopedia , Nevertheless do recommend the advisor that aided you

I disagree. Doing crypto made it possible for me to retire early, complete my mortgage, and buy my dream car. Though I did it with the help of Melissa Stewart.

Please, how do I get to her

All thanks to Melissa Stewart, I never believed I'd come this far. I'll hit my 500k milestone very soon because of her

InvestwithMelissa1👈👈👈

This is the telegam user she uses..

Yes please could you explain the taxation side of this please ?

Most people think, investing in crypto is all about buying coins and leaving it to rise, common it takes much analysis to be a successful crypto trader.

Buying crypto is basically VC. Do your research, or you'll get wrecked...

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Yes

Yeah I was confused too but I tried it and it works. Withdraw USDT to your Coinbase wallet and it will work

Taxes? F that. You are American? So you must pay real money taxes. But in UK we just ignore it. The govt does too unless you playing with £5.000+ then they want to know what you are doing. Dude which would you choose A or B. (A) you win $1.6million dollars in USA Lotto. (B) you win £900.000 in UK Lotto. The answer is easy in UK you do not pay a penny of that money on taxes 900k £ is $1m us. But USA will take almost half of your winnings just in taxes alone so you'd only end up with $800k or so after tax. How about the real cruel joke of US taxes. USA Olympians if you ignore school in USA focus your whole soul on a sport with the dream of representing USA on the world stage the Olympics DONT. In USA a Gold medal winner will get $33.000 cash prize but if that's wasn't a big enough JOKE! as it is then USA then takes away 37% of it in taxes. Ronda Rousey know of her? She won a Bronze medal for USA and earned a cash prize of just $10.000 for all her effort a Childhood of super coach mode mom imagine that. You seen those pagent mom's right. Well imagine a mom who says if your arm doesn't snap then you better not tap. No joke. Even tho it is funny. Ronda broke so many arms growing up maybe her own too. But she did it she realised her Dream her moms dream made it to Team USA and won a Bronze medal. They gave her $10.000 then taxes her 40% so she got to keep $6000 she was broke broke with no hope she didn't care about school Judo was everything to her and after the Games team US go back to work it's just a hobby. If Ronda wasn't accepted into UFC she'd have wasted her life she got lucky demanding Dana let women fight. Thanks to Ronda Rousey women do fight in UFC. Listen to her story its very good. Learn what Team USA Olympians can make then what tax they pay. Was 40% tax when ronda won her medal later reduced to 37% or 33% Gold medal is either $33k or $37k and the tax is the other one so 33% or 37% but I think it's 33k taxed 37% Meanwhile the world average is US $ VALUE $300.000 Tax Free.thats what most Olympians make Even Khazakstan gives 300k us$ tax free lol. Hungary goes next level. If you win a gold medal for Team Hungary you get $5.700 every month for the rest of your life. That's $700.000 tax free over 50 yrs. So a 30yr old who wins a gold lives to 80 will take 700k us Tax free whilst the American gets 33k taxed almost half. Team UK gets nothing no cash prize instead Team UK get a career every year Team UK gets £120m budget and pays its staff all year long all of their career. In their chosen sport. They get paid to train all day. They coach the next generation. Imagine how much better Team USA would be if US athletes only trained as their career. Team UK barely hangs in. I'm going to learn how Team China and Team Russia do it now lol. Cos I know USA Russia and China are so much more alike they USA wants to admit. I'll bet Russia and China is better tbh. My mums BF is American and he had to pay IM AN AMERICAN tax lol. No joke he still pays taxes to USA even tho he hasn't lived in USA for 20yrs. That's insane. Americans are charged mad money in taxes and for what? Bragging rights to point at Lockheed Martins newest black hole budget toy. The F22 Americans love to boast about the F22 a jet that just made its first X. ON A BALLOON 😆 🤣 😂 F22 that was put down by Eurofighter at the Games and classified until recently F22 is good but it is not worth it's price tag but US Govt didn't want the people to know so they boasted it until dropping it for new 1970s jets instead. F22 is better than F16E whatever but its too good to risk losing one. So it's pointless. US uses F16E because they are OK to lose some especially if the pilot survives. No problem US will X out its own F16E in training missions no issue. But the F22 costs way too much to play with so they don't. Lockheed Zumwalt class ships too. Wow they do look good they do let Americans feel proud to be American its a Shame that's all they do though. No weapons system usable for it bcos the ammo it needed costs way too much to be viable. But Americans can sleep easy knowing their taxes are used well. For the good of all the people. We Brits don't pay so much for taxes and our military stuff is Meh. But hey man..... Falklands 1982 We beat an industrialised military in 72 days smashed them raw with our bargain basement tech. But we Boast about our real Gem from our Taxes that SWEET SWEET NHS service. Americans want to pretend that British health care is insufficient which is BS. Just research how many American millionaires used to abuse the NHS Health care tourism. American. Chinese all kinds of the world's rich would get a holiday to UK just to go hospital. Idk Dr I was OK when I left my country but now I feel really poorly. You are stage 4 sir.... but we'll fix you up. Free of charge. They did too. It became big news in UK even Billionairs caught using our NHS the HEALTH CARE TOURISM scandal. Which now they cannot do that. Now you must prove you have lived in UK for years to get free health care but before 2010 you turn up to NHS hospital they don't care who you are they just fix you for free. We're glad we fixed up that silly trick. I just heard the difference between for profit vs NHS. In USA a baby was born had a dent in the head. They told the mother she must pay $3000 for a helmet to shape the babies head and if she doesn't she will get child services on her for neglect. 3000$ for a helmet. My daughter was born in a NHS hospital and it looked like my wife squeezed instead of pushed. Our daughter had a huge dent in her head I was do scared big red line too. The nurses just laughed its fine it's fine it will sort itself out its normal. I was still like she's a baby do something. But they did nothing. We did nothing. Afew months later she was perfect just like they said. They didn't try to sell us a silly $3000 helmet or themselves waste money on a device they knew wasn't needed but No profit to be made so just tell the truth. Ofcourse some infants do need special helmets and NHS provides those free of charge if needed too. NHS will pay 20k+ to have your home made special needs for your child's special needs if actually needed. And it must actually be needed too. Have you a new downstairs bedroom with wet room built onto your home paid for by them or the council. That's where brits can flex their taxes. Taxes in UK are for the people not the corporations. It makes me angry Americans act like UK is a socialist nation. When they know its wrong. Richard Branson how socialist is he? J.K. Rowling the Harry Potter book woman she was socialist she was a welfare mum stayed home no job kept sweet for free to work on her multi billion $ mega book series with movie deals well it's a franchise isn't it. She wasn't even asked to pay back the welfare money she lived on before she became ultra rich in Capitalist UK. From Socalist UK. UK is capitalist Socialist the best of Both. Best of capitalism cancels the worst of socialism and vice versa. BUt........ You..... America what you have is actually Capitalist Communist. Think about it . The peoples taxes don't go to the people they go to corporations many of which are actually against the American people. Even NASA is a joke. Nasa wants to charge the tax payer $2b per launch of one SLS rocket. That's $10 billion dollars for 5 launches. How many will nasa launch 100s or 1000s? Also USA the greatest African American on earth Elon Musk offers SpaceX who can launch for just $1million dollars. That's 2000 launches for the price of just one Tax funded Nasa launch. Think of the good USA could do for Americans even free health care for children which I truly thought was normal Already until I saw that story above about the baby who needed a $3000 helmet the parents refused. Then later refused a $15.000 treatment plan and in the end their 10 mnth old baby passed away severe neglect they call it. She starved to X'd the parents going to jail. Its such a sad story but its absolutely disgusting it could even happen in a nation like USA. USA taxes are insane now I'm learning how UK food is cheaper than US food. Even the same Canadian red lobster from Canada is cheaper in UK than it is in USA think about that. We ship it 3-4x further. We pay tax on that purchase within the purchase price tax paid sales tax we don't even notice that bcos it's in the price and still Canadian red lobster in UK is cheaper than it is in USA. Who later pays tax on it. MmmmmmmEntal. The way I look at it though right is this. The simple way. UK govt tells me to not buy crypto. Uk govt tells me its gambling. Don't waste your money on crypto its just gambling they say. But in UK if I go and gamble my money and I win I pay 0 tax on that money by law. There's no winner tax in UK. So OK sweet I'm gambling on crypto if I win stay out of it UK govt. I won fair and square.

In the UK your profit is Capital Gains Tax. Starts at 20% (after first £3k profit, or £6k if wife hasn't used Capital gains during tax year).

People wants to do what the 99% does but wants to get results that are fit for the 1%, but it doesn't work that way.

Investment is the quickest path to financial freedom, the rich stays rich by spending like the poor yet investing! While the poor stays poor by spending like the rich yet not investing

That's true..But talking of investment! Is there any one who knows what one can invest in and be successful because I really need to invest to avoid rat race during retirement.

Even if you don't want to invest yet you can contact expert Stacy Griffin kartner for full knowledge. On how to go about it

+44 74

Any card from Revolut works.

Glad it helped

Bybit has a 2% withdrawal fee it seems

You can have access and trade at spot. But derivatives(trading with leverage, DeFi etc) are not permitted to UK customers on FTX.

Do the math

You are welcome

​@@CryptoHustleLiveif someone is not a UK resident does this method work? As its not straightforward to set up a UK Bank account without proof of UK address. What do you recommend?

I need to know too

Have you been able to withdrawal to your credit card yet

@@PCALISS yes i did

@Vlog_Dimension how did you do it please ?, have been trying, but no luck

I mean to say within 4 hour I will get my fun back

Malawi

I'm a G

You're responsible to report your own taxes, Coinbase does not do it for you. Consult a tax expert.

Try using toobit link in description

Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

Is it working now for uk?

@@hannamoore4249

@@jakubboros294

@greybtc