You have to convert your coins to fiat on an exchange and then send to your bank. I have only done this once, back in 2018.Originally Posted by Vindec
It went through to Barclays without any hassle.
However, if you send anything above 10k it might get 'flagged' by your bank. As the amount I sent was below this level, I didn't get my bank account frozen.
It's a good idea to notify your bank in advance that you intend to make a significant deposit and try to show some proof of where the money has come from. For this specific reason, I have kept all my digital bank statements, showing my purchases from the very first time I used my debit card to buy crypto.
You will have to pay Capital Gains Tax too.
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