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To truly "cash out", I think you would need to trade into stablecoins or various other coins with low transfer fees (tether, neo, ada) then transfer to a multit
by prog5 5y ago
To truly "cash out", I think you would need to trade into stablecoins or various other coins with low transfer fees (tether, neo, ada) then transfer to a multitude of crypto exchanges who have high enough limits to start converting to fiat. Those with KYC would then report earnings to the IRS. There are some without KYC (KuCoin) which you might be able to hide some earnings. 3rd option is get it into bitcoin, fly offshore and start cashing out from Bitcoin ATMs or offshore banks.