How to cash out a large amount of BTC (Reddit Bitcoin)
Sometime in the near future, I am hoping to cash out some BTC to buy a house. I'm a US citizen but reside in Japan. The BTC was purchased via coinbase, but I need the cash to end up in Japan.
- Using a Japanese exchange like Coincheck - but I am not sure what the tax implications of this would be - or what the withdrawal limits there are.
- Using Kraken or Binance US. Kraken has some withdrawal limits I'd like to avoid, and Binance US would let me get a reasonable amount out to a US bank.
Just looking for more options and seeing if anyone has thoughts.
Thanks in advance!