• Exchanges like Coinbase and Kraken are both good as they have a long history of providing good service to their traders. With either of these exchanges, you can sell your Bitcoin into USD or another government currency and then transfer it to your bank account. When to Sell Your Bitcoin: Other Considerations.
• Therefore, the only viable way of avoiding tax, unless you qualify for nil-tax payments on earnings, is to sell you Bitcoins for cash in hand. However, this option will only work if you can find a buyer willing to pay. If the amount is over $10,000, you will also have to declare where the money came from to.

• Bitcoin Cash Forecast
• Bitcoin Cash Bhghg8982

Accepting Bitcoin Cash (BCH) for e-commerce

• When your customers come to checkout on your e-commerce website you can give them the option to pay with BCH.
• This is done using a Bitcoin Cash payment gateway which you’ll add to your website, letting you accept BCH payments from customers.
• The payment gateway will automatically calculate how much BCH is owed for the items in your customer’s basket.
• Then, instead of being asked to enter credit card details for the payment, they’ll see a QR code (generated by the payment gateway) which they simply scan with their own digital wallet app.

Accepting Bitcoin Cash (BCH) for in-store payments

Bitcoin Cash Forecast

• Whether you’re a restaurant, cafe, or retail store, you can give your customers the option to pay with BCH using your existing devices (e.g. tablets, smartphones).
• Rather than taking payment through cash or a credit card, you’ll use a point-of-sale app to take payment in BCH.
• The app will be downloaded to your device and, when customers are ready to pay, you’ll simply enter the amount owed (in your local currency) on the app.
• The point-of-sale app will then automatically calculate how much BCH is owed and a QR code will be generated on the screen of your device.
• Finally, you’ll show this QR code to the customer who will scan it using their own wallet app.

The amount of Bitcoin Cash you receive will be the amount of Bitcoin that was in your account at the time of the fork. The fork occurred on August 1, 2017 at 5:16:14 PST and on block #478558. Please note you will not receive Bitcoin Cash for any Bitcoin you removed from the platform before the fork, or purchased after the fork.

When will I receive the payment?

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• Since Bitcoin Cash transactions don’t have to go through slow payment processors, BCH payments are much faster than traditional payment methods.
• If you’ve chosen to receive BCH payments to your digital wallet, the money will be with you in a few seconds.
• Or, if you’ve chosen to convert BCH into your chosen currency first, the money will land in your business bank account usually by the next working day.