Hey everyone,
I'm hoping to get some practical advice from people who've dealt with cross-border crypto situations.
Background:
I earned large amount of USDT in a country where crypto is illegal. All of this was earned and I went through full KYC on Binance. I have complete transaction history.
Until and unless I trade crypto in this country I donβt think I will be in any problem. So I want to convert this crypto into cash and deposit into my bank account.
Questions I need help with:
- Has anyone successfully converted crypto and received funds via SWIFT remittance by going in another country where itβs legal? What did you tell your bank?
- Which countries have the cleanest process for a one-time large conversion as a tourist?
- Are there any exchanges that will directly wire to my bank account from a remote USDT deposit?
- What documentation should I prepare to show my bank on receipt in my home country?
All I want to do is convert my crypto into legal money since crypto is illegal in my country. Any advice from people who've navigated similar situations would be massively appreciated.
Thanks
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