I bought it in the early days and moved several times due to security reasons. As a result, I'm unable to prove its origin. What would be a viable strategy to cash out?

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[–] moneroworld@monero.town 1 points 1 year ago (1 children)

Good to see that someone with a considerable amount succeeded in cashing out without issues. Despite that, the PayPal method sounds scary to me. What can I do if they claim a SoF document while blocking my crypto and I fail to pass the check?

[–] popemichael@lemmy.sdf.org 1 points 1 year ago

It doesn't work that way with PayPal. You receive it and it's in your account. Then it just works like any other transaction. You can buy stuff with the balance, too. So there isn't a need to cash it out all at once. I kept like 40k in it for a long time till I sold it all and banked it in less than a day.

Just be sure to use the ACH as the fees are the worst part.