Got a question concerning cashing out crypto funds.

Well, it's more than just that.

I work with some agencies doing OFM and I provide traffics to them from all kinds of sources and I get paid in exchange with Crypto. Now I've been cashing out low amounts and so to pay for small things.
But is there anyway I can turn this legit? Like I'm pretty sure what i'm doing isn't illegal as in just driving traffic to peoples accounts, but it's more of a grey area i guess as you break ToS of platforms and such.

So what can I do here to just like cash out normally etc as in having a legit business or.
Anyone with experience would be great to talk to

If it's legal and you want to cash larger sums, get a paid accountant consultation bro. He will explain it all in detail.

You will need a company and pay taxes on the money you earned.

That's what I would suggest you to do, but different people have different love for taxes)

There's also bitrefill, but I guess it's similar to "cashing out low amounts".

Back in the day, there were websites, where you could arrange a meet with a buyer in person and get cash, but you would need to find a safe/trustworthy guy, and start with smaller sums. This is, obviously, the least recommended option.

TaleSmith said:

If it's legal and you want to cash larger sums, get a paid accountant consultation bro. He will explain it all in detail.

You will need a company and pay taxes on the money you earned.

That's what I would suggest you to do, but different people have different love for taxes)

There's also bitrefill, but I guess it's similar to "cashing out low amounts".

Back in the day, there were websites, where you could arrange a meet with a buyer in person and get cash, but you would need to find a safe/trustworthy guy, and start with smaller sums. This is, obviously, the least recommended option.

Click to expand...

Thanks for the reply brother.
Was wondering, if you could dm me concerning the proxy thing on your banner? I'm interested in that type of business if you're willing to talk or share some info, i'd appreciate it, thank you

I don't see any issues in cashing out. You can sell it on an exchange or try p2p, that way you can even try and find someone willing to buy crypto for cash.

Braggenots said:

But is there anyway I can turn this legit? Like I'm pretty sure what i'm doing isn't illegal as in just driving traffic to peoples accounts, but it's more of a grey area i guess as you break ToS of platforms and such.

Click to expand...

First and second sentence are in a clinch.
You ask how you can turn this into legit (which indicates, that simply cashing out is not the way to go). Afterwards you say, you are pretty sure that it’s not illegal because you are simply providing traffic.

Okay let’s break it down, two central aspects:
1. It is not legit, because you are proactively involved in this business, for - as you said - more than one OFM, who are doing their activities, but you are still an essential part, which means the money which is generated on your end / on the OFM agency’s side is literally „dirty money“ avoided from tax paying etc.
So that’s why you, are also part of this, since you are part of the whole thing, so that it falls in the category of AML (anti money laundering).

Braggenots said:

but it's more of a grey area i guess as you break ToS of platforms and such.

Click to expand...

2. That’s the next point- but tbh who cares about crypto providers ToS, still it’s part of this financial transactions, thus the question comes up: Where does the money came from / source of income?

I don’t want to make it that dramatic, but comments like:

Project Limitless said:

I don't see any issues in cashing out. You can sell it on an exchange or try p2p, that way you can even try and find someone willing to buy crypto for cash.

Click to expand...

Are simply BS, and risky. The user brings you in trouble by posting his nonsense, „I don’t see any issues“.
Sometimes it’s better to don’t press the post reply button.

Anyways: What you should be aware of: Yes you can cashout this, there are methods for it, you just need to find them with 2-3 words
Ultimately in p2p, at least on KYC regulated and“normal“ crypto exchanges, you need to be very sensitive, to get flagged.
Same goes for those transactions coming from the crypto providers to your bank account, because by law (don’t know where you are from), incoming and outgoing transactions.
I had recently a case where I got flagged by my own bank, even though I use it often.
Irregular bank transactions in higher amounts or quantity, got flagged and they wanted detailed explained where the money came from (listed the transactions), where the transactions from PayPal (like 7-8k) came from, and 3-4 outgoing where I transferred to my own business account larger amounts.
So it was totally around 20-25k in/out transactions. Which was not hard to proof, since the transactions came from my siblings and we had a contract of a private loan without interest-Rate (0%), and the outgoing money was my own bank account, so a proof of a bank statement was enough, to show the whole transaction flow.

I don’t know how high the amounts are - but just assume: The guy/ agency who paid you, do you think they did it via their personal crypto account?
- maybe worth to think about, while looking for cashout methods.

And one point, which was mentioned here:
„exchange“ is always possible, when one door closes, another opened.

I would not recommend to follow this advice:

TaleSmith said:

If it's legal and you want to cash larger sums, get a paid accountant consultation bro. He will explain it all in detail.

You will need a company and pay taxes on the money you earned.

That's what I would suggest you to do, but different people have different love for taxes)

There's also bitrefill, but I guess it's similar to "cashing out low amounts".

Back in the day, there were websites, where you could arrange a meet with a buyer in person and get cash, but you would need to find a safe/trustworthy guy, and start with smaller sums. This is, obviously, the least recommended option.

Click to expand...

Don’t know where to start, only wrong information.
Even „paying taxes“ on this money afterwards is called money laundering.
Don’t bring yourself in trouble, by random people posting sh**

There are many ways, still: the less transactions (unnecessary) you do, it’s better for you.
As of now there is a full trace of the transactions, you need to break it 1-2 times before get it into the more regulated financial system (in theory).

As said before, exchanging exists since hundreds of years, same goes for internet platforms.

Find a solid approach for your, don’t take it for something totally normal. (AML + taxes + the activity itself), and validate every advice / information you get or find.

Kind regards

Setting up a company is a smart move, as it lets you handle larger transactions and ensures you’re paying taxes on your earnings, which keeps things legit.

everything depends on the amount you want to cash out.
as higher the amount as more lucrative options there are for 0% tax

If what you're doing isn't something highly illegal (like dealing on darknet markets or anything that would get serious attention from the FBI or your government), you could look into cashing out in crypto-friendly countries -I tried Dubai- there are offices that let you cash out there with a very good exchange rate. This will be very useful if the taxes you should be paying is more than or equals to the cost of the trip. 3 days in Dubai costed me around 600$.
Why this won't work if its highly illegal stuff is because they'll take a copy of your passport, so if the FBI is tracking one of your wallets and ever come asking, those places will be more than happy to share your info.

zotix said:

First and second sentence are in a clinch.
You ask how you can turn this into legit (which indicates, that simply cashing out is not the way to go). Afterwards you say, you are pretty sure that it’s not illegal because you are simply providing traffic.

Okay let’s break it down, two central aspects:
1. It is not legit, because you are proactively involved in this business, for - as you said - more than one OFM, who are doing their activities, but you are still an essential part, which means the money which is generated on your end / on the OFM agency’s side is literally „dirty money“ avoided from tax paying etc.
So that’s why you, are also part of this, since you are part of the whole thing, so that it falls in the category of AML (anti money laundering).



2. That’s the next point- but tbh who cares about crypto providers ToS, still it’s part of this financial transactions, thus the question comes up: Where does the money came from / source of income?

I don’t want to make it that dramatic, but comments like:

Are simply BS, and risky. The user brings you in trouble by posting his nonsense, „I don’t see any issues“.
Sometimes it’s better to don’t press the post reply button.

Anyways: What you should be aware of: Yes you can cashout this, there are methods for it, you just need to find them with 2-3 words
Ultimately in p2p, at least on KYC regulated and“normal“ crypto exchanges, you need to be very sensitive, to get flagged.
Same goes for those transactions coming from the crypto providers to your bank account, because by law (don’t know where you are from), incoming and outgoing transactions.
I had recently a case where I got flagged by my own bank, even though I use it often.
Irregular bank transactions in higher amounts or quantity, got flagged and they wanted detailed explained where the money came from (listed the transactions), where the transactions from PayPal (like 7-8k) came from, and 3-4 outgoing where I transferred to my own business account larger amounts.
So it was totally around 20-25k in/out transactions. Which was not hard to proof, since the transactions came from my siblings and we had a contract of a private loan without interest-Rate (0%), and the outgoing money was my own bank account, so a proof of a bank statement was enough, to show the whole transaction flow.

I don’t know how high the amounts are - but just assume: The guy/ agency who paid you, do you think they did it via their personal crypto account?
- maybe worth to think about, while looking for cashout methods.

And one point, which was mentioned here:
„exchange“ is always possible, when one door closes, another opened.

I would not recommend to follow this advice:



Don’t know where to start, only wrong information.
Even „paying taxes“ on this money afterwards is called money laundering.
Don’t bring yourself in trouble, by random people posting sh**

There are many ways, still: the less transactions (unnecessary) you do, it’s better for you.
As of now there is a full trace of the transactions, you need to break it 1-2 times before get it into the more regulated financial system (in theory).

As said before, exchanging exists since hundreds of years, same goes for internet platforms.

Find a solid approach for your, don’t take it for something totally normal. (AML + taxes + the activity itself), and validate every advice / information you get or find.

Kind regards

Click to expand...

How do you suggest him to cash out? You posted a lot of insightful information, but none of it solves his issue.

I would be interested in the solution as well)

zotix said:

First and second sentence are in a clinch.
You ask how you can turn this into legit (which indicates, that simply cashing out is not the way to go). Afterwards you say, you are pretty sure that it’s not illegal because you are simply providing traffic.

Okay let’s break it down, two central aspects:
1. It is not legit, because you are proactively involved in this business, for - as you said - more than one OFM, who are doing their activities, but you are still an essential part, which means the money which is generated on your end / on the OFM agency’s side is literally „dirty money“ avoided from tax paying etc.
So that’s why you, are also part of this, since you are part of the whole thing, so that it falls in the category of AML (anti money laundering).



2. That’s the next point- but tbh who cares about crypto providers ToS, still it’s part of this financial transactions, thus the question comes up: Where does the money came from / source of income?

I don’t want to make it that dramatic, but comments like:

Are simply BS, and risky. The user brings you in trouble by posting his nonsense, „I don’t see any issues“.
Sometimes it’s better to don’t press the post reply button.

Anyways: What you should be aware of: Yes you can cashout this, there are methods for it, you just need to find them with 2-3 words
Ultimately in p2p, at least on KYC regulated and“normal“ crypto exchanges, you need to be very sensitive, to get flagged.
Same goes for those transactions coming from the crypto providers to your bank account, because by law (don’t know where you are from), incoming and outgoing transactions.
I had recently a case where I got flagged by my own bank, even though I use it often.
Irregular bank transactions in higher amounts or quantity, got flagged and they wanted detailed explained where the money came from (listed the transactions), where the transactions from PayPal (like 7-8k) came from, and 3-4 outgoing where I transferred to my own business account larger amounts.
So it was totally around 20-25k in/out transactions. Which was not hard to proof, since the transactions came from my siblings and we had a contract of a private loan without interest-Rate (0%), and the outgoing money was my own bank account, so a proof of a bank statement was enough, to show the whole transaction flow.

I don’t know how high the amounts are - but just assume: The guy/ agency who paid you, do you think they did it via their personal crypto account?
- maybe worth to think about, while looking for cashout methods.

And one point, which was mentioned here:
„exchange“ is always possible, when one door closes, another opened.

I would not recommend to follow this advice:



Don’t know where to start, only wrong information.
Even „paying taxes“ on this money afterwards is called money laundering.
Don’t bring yourself in trouble, by random people posting sh**

There are many ways, still: the less transactions (unnecessary) you do, it’s better for you.
As of now there is a full trace of the transactions, you need to break it 1-2 times before get it into the more regulated financial system (in theory).

As said before, exchanging exists since hundreds of years, same goes for internet platforms.

Find a solid approach for your, don’t take it for something totally normal. (AML + taxes + the activity itself), and validate every advice / information you get or find.

Kind regards

Click to expand...

Hey, thanks for the thorough reply.

Dirty money is money made from illegal activities, as far as I know the people I work with have models under contracts and run their business in a legitimate way? I'm not privy to the details of all their operations of course. But the crypto I get is usually from an exchange registered under their names. So I am being paid directly for generating traffic to them. The source of income is this. As far as I know this isn't illegal, I mean they could be doing a bunch of things on their end but I'm not aware of that.

Now the thing is, can I just use this to cash out if I were to send invoices and basically set up a business as some sort of marketing agency or whatever. Or maybe another way or something.

yshanwany said:

If what you're doing isn't something highly illegal (like dealing on darknet markets or anything that would get serious attention from the FBI or your government), you could look into cashing out in crypto-friendly countries -I tried Dubai- there are offices that let you cash out there with a very good exchange rate. This will be very useful if the taxes you should be paying is more than or equals to the cost of the trip. 3 days in Dubai costed me around 600$.
Why this won't work if its highly illegal stuff is because they'll take a copy of your passport, so if the FBI is tracking one of your wallets and ever come asking, those places will be more than happy to share your info.

Click to expand...

And what about flying back with the money, as you - i speak for Europe- are allowed to carry 10k in cash with you?

TaleSmith said:

How do you suggest him to cash out? You posted a lot of insightful information, but none of it solves his issue.

I would be interested in the solution as well)

Click to expand...

I have bolded some words and given some hints in the text as I work in this field and used to work for some banks. I am probably not allowed to write such things here, but I can warn him what not to do.
So my "Mission" behind this post was not to give him advice on how to do this, but more - how not to do this, to make a simple thing even worse.
It's not rocket science. I assume even on BHW some people talked about it openly, I dont know.


It's plain vanilla: The regulation says, "We want to know where your money comes from and how it was generated, so follow the whole trail."

It's more or less this.

Sure, there are many methods. I mean, SMM panel Sellers are also getting their Money cashed out somehow.

Kind regards

zotix said:

And what about flying back with the money, as you - i speak for Europe- are allowed to carry 10k in cash with you?

Click to expand...

if you are entering or leaving the European Union carrying an amount over 10,000 euros, or its equivalent in a different currency, you are under a legal obligation to declare it at Customs.
So I think the best way to do it is either take a companion with you or to do multiple trips. IMHO this is the safest way to cash out crypto.