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Cashing out my crypto with an El Salvadorian Binance account

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by COINS NEWS 79 Views

How does an American with dual El Salvadorian citizenship successfully cash out when it's time? I anticipate massive gains once I'm done trading within the next few years, but I need advice on what to do when it's time to cash out.

I understand Bitcoin is legal tender in El Salvador, but my preference is to secure everything into a stable coin and cash out tax free and put the money to use in the United States. That is, unless, of course, a day comes when I can just buy a house here in the states using Tether; not trying to get a house in El Salvador with bitcoin.

Your input, advice and experiences are much appreciated! Thank you!

submitted by /u/NotHappyTilUNotHappy
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