<p>The first <a href="https://coinmarketcap.com/de/rankings/exchanges/" rel="nofollow noreferrer">fifteen</a> exchanges here are famous and credible. Choose one of them, open an account, verify your ID (KYC would certainly be required), add your IBAN number, deposit Bitcoin, sell it, withdraw it to your account.</p>

CC BY-SA 4.0
2021-01-16T20:36:03.830Z
2021-01-16T20:36:03.830Z
MCCCS
<p>Keep an eye on the tax in your country. In Germany for example you have to store Crypto on one exchange or wallet for about one year, so you dont have to pay taxes.
But if you just once traded crypto in that year you have to pay tax for the profit you made.</p>

CC BY-SA 4.0
2021-03-09T14:01:12.293Z
2021-03-09T14:01:12.293Z
Andreas Süßbauer
<p>I bought 200 bitcoin in the year 2012 and I've come to the point where I feel I need to withdraw some of it. But I'm having some difficulty doing that. How can I withdraw a large sum of bitcoin and where? An answer preferably includes a step by step guide.</p>

<buy-bitcoins><sell-bitcoins>
Can I sell bitcoin worth five million dollars or more and how can I?
Dave Kent 
# Can I sell bitcoin worth five million dollars or more and how can I?

(Asked by: username_0 on 2021-01-16)

I bought 200 bitcoin in the year 2012 and I've come to the point where I feel I need to withdraw some of it. But I'm having some difficulty doing that. How can I withdraw a large sum of bitcoin and where? An answer preferably includes a step by step guide.

**Tags:** buy-bitcoins, sell-bitcoins


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## 2 answers

### Answer by username_1 on 2021-01-16. Score: 1 | Accepted answer

The first [fifteen](https://coinmarketcap.com/de/rankings/exchanges/) exchanges here are famous and credible. Choose one of them, open an account, verify your ID (KYC would certainly be required), add your IBAN number, deposit Bitcoin, sell it, withdraw it to your account.


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### Answer by username_2 on 2021-03-09. Score: 1

Keep an eye on the tax in your country. In Germany for example you have to store Crypto on one exchange or wallet for about one year, so you dont have to pay taxes.
But if you just once traded crypto in that year you have to pay tax for the profit you made.


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