OP 11 May, 2022 - 08:09 PM
Hello,
Need some advise from the crypto community here. An oversees contact needs to deposit 50K on a daily basis in USDT. He doesn't have the means to do it where he is and will provide 50K daily in cash. Now how would you guys go about the getting the funds in an exchange for him ?
Fees will be obviously deducted - and lets say I use people here and funnel it through their banks - will they be taxed for deposits ? Or does that only apply withdrawing ?
Need some advise from the crypto community here. An oversees contact needs to deposit 50K on a daily basis in USDT. He doesn't have the means to do it where he is and will provide 50K daily in cash. Now how would you guys go about the getting the funds in an exchange for him ?
Fees will be obviously deducted - and lets say I use people here and funnel it through their banks - will they be taxed for deposits ? Or does that only apply withdrawing ?