If we're saying
crypto is the easiest way to move large amounts which makes sense to me, are there preferred exchanges for loading wallets with that amount? Or exchanges that offer preferred rates for the exchange of larger sums?
Im thinking would it not take ages to get lets say £200k into a wallet without having to provide ID?
Thanks for any suggestion
This probably isn't a perfect solution. But I have found Payonner to be a very good low
KYC place to hold
cash. I bought over $100,000 in crypto using their
debit card from
Crypto.com with 0% fees. I also regularly have payments into Payonner or $40k-100k, over several years and they have never once asked me for anything other than the most basic documentation. I don't think they even have my passport image, just the number. Crypto.com hit me with KYC a few months after the purchases, but after sending them docs I've never heard back, so assume it's sorted.
I can't vouch for it, but
AdvCash seems to be one of the best places to move large sums in and out of crypto, on to cards etc.
In the coming months I am going to move most of my liquid assets into crypto, because I see the coming noose of the
OECD,
IRS, EU etc. I have lots of crypto debit cards I can move assets onto and start spending straight away. The best I've used is Crypto.com, within various limits there are no FX fees, no POS fees and no ATM fees. This year I used their card in Hungary, Serbia, Croatia, Belarus, Moldova, Ukraine and Turkey and they haven't asked anything about that. Other cards have asked me what that is all about. I am going to take my time, because I don't want any alarms going off anywhere. And from here on out I'm going to put my funds into solid brokerage and crypto. I will no longer be holding more than 1-2 years living costs in banks, as it's constantly shifting towards not being your money.