Recent content by Burak

Proof of experience? Wow, heard for first time.

I think P2P exchange is not good for big amounts. But for example in my case, I make X amount of money in crypto every month. To spend some of money, I buy Amazon gift card, and local gift cards with crypto. Also I bought a prepaid card several months ago, it was possible to use that card for...

None of these exchanges or services allow you to cashout in FIAT but I believe some of them offer cashout solutions; P2P, Amazon payment, gift cards, prepaid cards etc. I don't think it's spam btw, those are popular directory websites.

As far as I know they send you a notification to make sure your address is up to date when you use card in another country for long time. So they ask to change the address when it's necessary. If you have address proof for old address, probably better not to touch for now.

Swiss-based solution would be way more expensive than UK I believe. Actually the part I'm scared of is not the my country but UK. Will they consider Stripe payout as UK-taxable event or the important thing is residency of end-clients?

Those will be sufficient to avoid however process of proving you're gay is not that simple. You need to complete physiological tests and as far as I know they ask not-nice questions. But proving you are disabled is easier compared to it.

Let's say you are okay with paying tax in your home country, but to access global payments solutions such as Stripe you form LLP in the UK. All partners are non-UK resident. If you don't accept any payment from UK clients, all money will be taxed in your home country? Stripe pays you from UK...

It might not be the best time to buy a property from Turkey, house prices are doubled even in USD after pandemic. And there is an expected tight monetary policy in following months, which may affect house prices. Also, yes you can pay fee to avoid military service but you still need to serve...

Hello, thanks for making it simpler to understand. I realized that I was also too confused. Your idea is probably the most doable one, at least I may start using it as an alternative with small payments for now.

Hi, I have a growing business and expecting to receive around $300K/mo with crypto in next months. Problem is that my profit is around 3% to 5% of total volume, that means I need to transfer 95% of $300K back to business partners. Currently I transfer them via crypto, and it works but I want to...

Why not start a legitimate business that accepts crypto as payment (so you pay yourself from several different wallets) and pay taxes? It could be cheaper with some shady ways for sure, but this could also work.

I think they allow to keep up to 50,000 EUR in the account. But the problem is quarter limit. There is $3,000 incoming/quarter limit on my account. I don't know if this is different for others, but probably similar.

Dukascopy is good but their transaction limits are very low as default. But they provide multicurrency personal Swiss IBAN, which is really cool. Their card is working well but avoid using in other currencies because they don't have "exact" rates for currency exchange. In my country I lose...

Maybe I'm just lucky this time, thanks for letting know tho.

I doubt this is correct, because I have been using my Wise card for transactions in Turkey for long time. No problem so far.