Decred To Usd And Sek To Decred

Discussion in 'Exchanges' started by rille_swe, May 26, 2018.

  1. 2017/12/15 - Decred v1.1.2 released! → Release Notes  → Downloads
  1. rille_swe

    rille_swe New Member

    Jan 31, 2016
    10
    3
    Male
    Hi,

    I would like to
    • use some of my decred to import products from US (buy with USD).
    • sell product in Sweden
    • Buy back my decred
    It would be a way avoid a 30% capital gains tax and also import something that makes a profit.
    Still would have to pay some tax but about 12% instead for import or something. Also then would the Decred i buy have a new level where to calculate the capital gain from. So I would be able to change to SEK if i would be in need.

    It was a bit more complicated than i thought. I have a friend (that i trust 100%) in the US so i can access a US account.
    I have looked at some exchanges and think i have to do it in at least two steps. First to something like bittrex, changelly that trade in only crypto and then send it to www.litebit.eu or some that trade in fiat and crypto.

    I thought atomic swap was only for testnet at this point but maybe it is in mainnet as well?? Then it would be one obstacle/step less. Checked and is quite sure i am behind the developers haha

    Buying decred with credit card i dont think should be any problem. But please give advice!

    Looked at this as well and most seem to be there but not all
    https://docs.decred.org/getting-started/obtaining-dcr/#exchanges

    Thinks i got all questions on print

    Kind regards
    happy miner
     
    Minerfire likes this.
  2. Minerfire

    Minerfire New Member

    Jul 14, 2018
    4
    0
    Male
    Berlin, Germany
    Hello! :)
    That's great! what kind of goods do you want to buy in the US?
     
  3. rille_swe

    rille_swe New Member

    Jan 31, 2016
    10
    3
    Male
    Would be import a American vintage car! My relative is very knowledgeable in that market and should be possible to make a profit and buy back the some more decred than I have to use. It is a learning and trying experience.
    Bought a house now so don’t have the same amount of decred but still want to trade with decred and not fiat currency. Easy to change on changelly (i used decred to litecoin) and withdraw from Litebit that have had very good service! Also checked and the small amounts that i send should not be checked buy tax administration.
     
    Minerfire likes this.
  4. Minerfire

    Minerfire New Member

    Jul 14, 2018
    4
    0
    Male
    Berlin, Germany
    Great idea! I think it is quite feasible - I myself work as an engineer in the automotive industry in Germany. I can become a partner in this business, as he plans to open an online store with payment by cryptocurrency ( in particular, decred)
     

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