Cryptocurrency can be very profitable trading and the cash can add up quickly and so on and so forth... But
As the profit grows so can the negative suspicion about how you made your suddenly HUGE cash?
Recently a friend shared some really alarming experience which I thought that I should share to make others aware of some things you should be prepared for as you trade in Cryptocurrencies.
So to make everything short my friends said he started trading back around mid 2016 and has been using different services etc...
Suddenly in 2017 his bank froze his account citing unusual activities and he was asked to produce documents to prove how he made his cash.
He told the bank that it was made through Cryptocurrency trading but that did not seem to satisfy the bank which demanded documentation and thank God he handle most of his transactions with Changelly.com so he log into his account and BOOM all his transaction list was in there, so he printed them out and returned it to the bank and within 24 hours he had his bank account back and and was able to access his cash.
Always use services with exchange transaction records because you never know when your bank will start acting up!
The quick exchange without transaction records can be very costly
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