Altcoins Talks - Cryptocurrency Forum

Further Discussions => Legality & Taxation of Cryptos => Topic started by: roykiyosi on October 03, 2018, 04:04:24 AM

Title: Is it legal to sell bitcoin for cash ?
Post by: roykiyosi on October 03, 2018, 04:04:24 AM

I was thinking of selling my bitcoins for cash. Is it perfectly legal to do so ? Amount is close to 3-4K.

Thanks for reading.

Title: Re: Is it legal to sell bitcoin for cash ?
Post by: bitpation on October 10, 2018, 06:04:45 AM

The bitcoin exchange rate is measured from fiat money. So in my opinion it's saha if you exchange your bitcoin for cash. Because that's what our goal is to invest in cryptocurrency.

Title: Re: Is it legal to sell bitcoin for cash ?
Post by: bitpation on October 13, 2018, 06:20:04 AM

Isn't our goal to invest here is to exchange bitcoin for cash? Cash is a measure of how much we benefit. Cash or fiat money is a tool to pay for the value of bitcoin that is in effect. So, it's legal if we exchange bitcoin for cash.