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Looking to withdraw 200k, how did you handle your USD withdrawal? (US Resident)

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by COINS NEWS 86 Views

Hey all,

So I got in the game around 2017. I made a bunch of investments in low currencies such as TRX, IOTA and BTC - Which I have held on in Binance until about 2019.

In 2019, I purchased my ledger and have sat on my tokens until now, where I have close to 400k in profit that I am looking to liquidate and sell about 50%, netting an withdrawal of 200k.

What is the first thing that you did when looking to make a large withdrawal? Lawyer? CPA? Just not looking to get screwed, I don't mind paying capital tax gains, as I don't need tax evasion charges.

Thanks!

submitted by /u/Semir7410
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