NBA Topshot

I’d become a bit disheartened with cardboard lately so been getting into top shot. Managed to get spot 583 in line this morning. Got #466 Gobert All Star.
Was more pumped about getting a THT steal LE 😅
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Next question, I see to cash anything out you need a US bank account or a digital wallet.

Has anyone done either of these things?
 
Next question, I see to cash anything out you need a US bank account or a digital wallet.

Has anyone done either of these things?

At the moment for international users we can only use USDC to transfer out, haven't tried but the option is there from what I can see.
 
Anybody know what's best to use? Is that what it's called and then can transfer to your own account?


It's a cryptocurrency so the process would be;

Convert dapper balance to USDC >send USDC to an Australian exchange>Sell USDC for AUD on Australian exchange>Withdraw to AUS bank account.

I'm hesitant to do so, because cryptocurrencies are subject to CGT events, I'm not so sure NFTs are (not a tax lawyer tho lol) in my mind it is a collectible rather than capital asset but when you sell USDC that will in theory trigger a capital gains event as far as the ATO is concerned.
 
It's a cryptocurrency so the process would be;

Convert dapper balance to USDC >send USDC to an Australian exchange>Sell USDC for AUD on Australian exchange>Withdraw to AUS bank account.

I'm hesitant to do so, because cryptocurrencies are subject to CGT events, I'm not so sure NFTs are (not a tax lawyer tho lol) in my mind it is a collectible rather than capital asset but when you sell USDC that will in theory trigger a capital gains event as far as the ATO is concerned.
Would be nice to find buyers via paypal and send as a gift.

Might need to sell on ebay ;)
 
You know what? I've seen some Luka moments up on eBay, they send them to your account. Surely this is a bit dodgy what If they don't end it lol refunds will take ages
yeah

It's easy to send as a gift though, so legit sellers would be happy with that.

I might try my simmons on ebay
 
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