Moving Profits To Your Bank (Turning Cryptocurrency into CASH)



Tis the season for big gains, but how do you go about turning cryptocurrency into cash? It’s actually not as simple as you may think. There are a lot of factors at play when moving profits to your bank.

In this video, I show you everything you’ll need to consider when transferring crypto into your native currency. There are several factors you’ll need to take into consideration when you convert crypto to fiat, so be sure to watch until the end to make sure you don’t make a misstep. Comment below with your experience moving crypto gains to your bank!

The first 1,000 people to use this link will get a 1 month free trial of Skillshare:


Clickbank Promo Tools

0:00 Intro
0:44 Stable Coins
1:44 Offramps
2:58 Choosing Your Stable Coin
4:15 Our Recommendations
5:18 SKILLSHARE

How to join Cardano (ADA) BitPool ➡️
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
Connect with Me & the BitSquad!
Join the BitSquad ➡️
Join the BitBoy Lab ➡️
Join BitSquad Traders ➡️
Join Me on Twitter ➡️
Join Me on Instagram ➡️
Join Me on TikTok ➡️
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
ByBit, Market Cipher, Ledger, TokenMetrics, Crypto.com & more!
Find deals on hardware wallets, trading indicators, exchanges & more.
Find Crypto DEALS ➡️
●▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬●
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.

#bitcoin #crypto #ethereum

source

34 thoughts on “Moving Profits To Your Bank (Turning Cryptocurrency into CASH)

  • January 20, 2022 at 7:29 am
    Permalink

    r u a $REBL holder? When will the NFT for the upcoming DAO be handed out? I've been waiting over a month for the announcement!

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Everyone wishes they would have done this three weeks ago

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    This is where crypto sucks. All these fees have taken a huge chunk of cash on just usd transactions.

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Gwei at all time high? What does that even mean lmaaaoo

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Fiat is dying

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    I moved Ethererum to coinbase and used my coinbase card to pay for stuff at the store. Not good? I didn’t wanna do this but I was desperate.

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Skill Share sponsors Safemoon?

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Sounds like nothing but a GREAT BIG HEADACHE…

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    An elaborate and detailed explanation on the exact steps with some examples would very helpful. Why? Because in order to to sell your crypto for a stable coin, then transfer your stable coin to your exchange, to then sell the stable coin for fiat, then transfer the fiat/currency to your bank, I believe there are certain swapping gas fees & transfer gas fees that need to be paid in (Ethereum) if we're doing this entire process for certain cryptos that are on the Ethereum network. Additionally, what if we're trying to cash out a couple of hundred thousand or millions? How does that work? What if we don't have Ethereum? What if the Ethereum gas fees we have to pay are extremely high due to the amount we are trying to transfer/swap in order to cash out? How does that work? This exact process needs more clarity! Any input BitBoy?

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    How can you do this segment without mentioning tax? Such a fundamental issue that will screw many people who don’t know better and may spend all their gains without accounting for the tax.

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Buy DBA 🔥 🔥 🔥 🔥 🔥

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Hey Ben, you borrowing a shirt from Lark Davis? : )

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    LoL. Take money out of crypto. That's funny. I don't take anything out. This is my retirement fund.

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    What a bunch of bs

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    if you are in US transfer it to coinbase. if you have stupid meme coin thats not supported by coinbase then youll have to switch it to a "stable coin" honestly just transfer it to bitcoin as of course we are going to 100k via the "experts" this year and cash out at a "high" and transfer to fiat as needed. your bank will see the funds are coming from a legit wallet and company and you have zero issues its not rocket science but if you are making minimum wage at taco bell and transfer 500k to your bank…yeah you might get a phone call but what did you expect. and yes guess what just like everything else you do with fiat in the US you gotta pay taxes so just understand that and hold as long as you can to avoid capital gains its simple.

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    What do you recomend doing if you can't get a credit or debit card to work with buying crpyto?

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Pretty soon crypto will be used everywhere and u won't need to convert to cash

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    I know it's not exactly turning crypto into cash, but stablecoins like usdt are really helpful with swapping crypto to "fiat" and back without much pain in the lower back area

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    what about converting to FIAT and then you gotta pay taxes

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Isn't the "Coin Bureau" the largest Crypto Community on the Interwebs? Just say'n

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    one of the best videos Ben has ever done right here. this was great. now all i have to do is make some profits.

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    What's with all the mouth open images on your videos? What consultant told you this was the look you should go for? It doesn't make you look smart.

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Ispolink🚀🚀💸

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    His self promotion and shilling is on obnoxious!!!

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    When they talk about gas fees, is that only when you are converting crypto to fiat?

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    You can create wealth with DBA… Buy #DBA in launchpad session @ $1.80

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Just pay the tax bro

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    Do you still recommend Caleb and Brown?

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    this guy has some hard shit, i never noticed this about tether transfer

    Reply
  • January 20, 2022 at 7:29 am
    Permalink

    All these memecoins at $1B+ while DTUBE is 0.1% that. DTUBE is going to moon so hard

    Reply

Leave a Reply

Your email address will not be published.

%d bloggers like this: