Im from a non European nation country and I was wondering which options I have to withdraw fiat.
Moste exchanges only allow EWR/ EU countries to withdraw

TO NOTE AS WELL, in my country we do not pay capital gain taxes…so if I open a bank account for ex. in germany (they pay around 25% capital gain taxes).
Do I need to pay those taxes even if I‘m not german citizen?

Just doing research for my own sake 🙂
And at the same time I wonder how many of you guys have already ever withdraw something?

Cheers & have a wonderful day


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Posted in Binance Reddit and tagged

2 Comments

  1. [deleted] on 11. May 2023 at 12:39

    You pay taxes in your country of residence.

     


  2. BinanceCSHelp on 11. May 2023 at 12:39

    Hey!
    You can view all the options to withdraw fiat from Binance directly here:
    [https://www.binance.com/en/fiat/withdraw/](https://www.binance.com/en/fiat/withdraw/)

    Also, you might be able to use our [p2p platform](https://www.binance.com/en-IN/blog/p2p/all-you-need-to-know-about-binance-p2p-bitcoin–crypto-exchange-421499824684901543) depending on your region to turn your crypto into fiat like that.

    Taxation depends on local and regional laws, you’re best advised to contact a certified expert on that subject for further help.

    For further questions, you can always contact us at our dedicated live chat support platform here. – http://binance.com/en/chat

    ^BB