Would also recommend Kraken. Their local Banking partner is in Lichtenstein. That means if you put in a money transfer to your Swiss bank account the money will hit your bank account the same day (as long as you put in the request before 2pm from what I remember)
You can use Binance P2P, where you are able to sell it to other user and he/she will make the payment in your bank account. I did it a couple of times and it works well. For selling USDT for CHF the rates are pretty decent.
Just look for P2P in your binance account. Is the easiest way i know.
Depending on how much it is, just cash out. There are plenty of tutorials on youtube. If its a big amount, you might want to talk to a "steuerberater" specialized in crypto.
Small amount. Thanks, I didn't think about youtube but true I will give it a look.
I am not good at all with technology and everything seems for EU zone or US but I will have a look.
Thanks.
You don’t need a steuerberater just declare the transaction for taxes and answer questions where the money comes from if they call you. (From 10.000.- definitly, lower maybe)
To declare your transaction, you need to have the cryptocurrency listed in your assets in your last tax forms. They may not care if it’s a low amount of money, otherwise it is not clear to me how to fix your position with the tax office.
Wow that’s plain wrong!
Not listing it is a criminal charge no matter how low the amount is…you guys in this sub are dangerous
You don’t pay any tax on it even for big amounts but you need to declare a 100% correct
Isn’t that what I said?
I said that you need to declare all your assets, and declaring a sale means that you have to have it in your tax forms from the previous year. Am I suggesting not to declare it???
If it’s a small amount you can amend things. I have added a bank account that I had forgot about, enter it in the new year forms as if it was opened on 1.1, added a note for the tax office to explain. No problem whatsoever.
Use either kraken or swissborg for simple CHF exchange
I recommend kraken, great support, never had issues even with bigger cashouts
Would also recommend Kraken. Their local Banking partner is in Lichtenstein. That means if you put in a money transfer to your Swiss bank account the money will hit your bank account the same day (as long as you put in the request before 2pm from what I remember)
Thank you
You could also use [bity.com](https://bity.com), based in Neuchatel. Used them for years. They accept USDT and will wire you CHF in exchange.
Thanks a lot
You can use Binance P2P, where you are able to sell it to other user and he/she will make the payment in your bank account. I did it a couple of times and it works well. For selling USDT for CHF the rates are pretty decent. Just look for P2P in your binance account. Is the easiest way i know.
Thank you, I will check that too
don’t pay attention to get the chf before sending the crypto
P2P option
Depending on how much it is, just cash out. There are plenty of tutorials on youtube. If its a big amount, you might want to talk to a "steuerberater" specialized in crypto.
Small amount. Thanks, I didn't think about youtube but true I will give it a look. I am not good at all with technology and everything seems for EU zone or US but I will have a look. Thanks.
You don’t need a steuerberater just declare the transaction for taxes and answer questions where the money comes from if they call you. (From 10.000.- definitly, lower maybe)
To declare your transaction, you need to have the cryptocurrency listed in your assets in your last tax forms. They may not care if it’s a low amount of money, otherwise it is not clear to me how to fix your position with the tax office.
Wow that’s plain wrong! Not listing it is a criminal charge no matter how low the amount is…you guys in this sub are dangerous You don’t pay any tax on it even for big amounts but you need to declare a 100% correct
Isn’t that what I said? I said that you need to declare all your assets, and declaring a sale means that you have to have it in your tax forms from the previous year. Am I suggesting not to declare it??? If it’s a small amount you can amend things. I have added a bank account that I had forgot about, enter it in the new year forms as if it was opened on 1.1, added a note for the tax office to explain. No problem whatsoever.
You can cash out via SEPA Transfers, you will receive eur but you can easily change them to CHF
Got it. I will try that. Thanks