Do you guys prefer to link your Coinbase or whatever else acc(s) to your personal bank account, or to a prepaid debit card?
Explain each reasoning thanks.
For instance, if you want to cashout a few thousand dollars, I know the Bank account method has a lot less fee's (1.5%) incomparison to a prepaid debit card (around 15%)... But is this worth it considering a prepaid debit card you would get the cash instantaneously incomparison to the bank account taking upto 10 days? Also, what does the IRS do to you regarding you randomly getting 5 grand or more deposited into your bank account?
It almost seems like at this point a prepaid debit card with a what 15% fee is almost more worth it..
Can the bank randomly lock your account or the IRS itself, as opposed to a prepaid card?
This post was edited by RODALE on Jan 2 2018 03:46am