this post was submitted on 22 Nov 2023
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Coinbase now requires me to provide proof of income, bank statements, source of wealth, etc... (alien.top)
submitted 10 months ago by viisi@alien.top to c/ethereum@blockchained.world
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What other exchanges are there that I can use to deposit ETH, exchange for USD, and then withdraw to a US bank account? Possibly, even a wire transfer.

I've been trading NFTs since the end of 2021. I made all of my ETH and income doing only that. I only use coinbase to exchange some ETH into USD once a month for bills and mortgage. All of it was properly reported to the IRS and the taxes are paid on it.

They're asking for a letter from my HR department, payslips, loan agreements... wtf

I don't have any of that, lol

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[–] LuganoSatoshi@alien.top 1 points 10 months ago (2 children)

Its a standard procedure in all cex.

[–] wegotsumnewbands@alien.top 1 points 10 months ago (1 children)

No it isn’t lol

[–] LuganoSatoshi@alien.top 1 points 10 months ago

Gtfo hater