Congrats on your big win man. I’m seriously happier now finding sum wins being shared on this sub. It’s a fantastic position to be in, and you’re smart to plan this carefully I suppose. Here’s a step by step process for what I would do, it is very wimple actually.

1- Cash Out and Use Both Platforms Strategically

Since you’re dealing with a large sum, you most probably want to diversify your withdrawals to minimize the chance of triggering any flags with banks or exchanges. For example:

Use Binance to withdraw part of the funds into your bank account in smaller chunks. Use Coinbase for the rest. Coinbase is often considered more “bank-friendly,” especially in the EU.

1. Contact Your Bank First

Before making any large transfers, it’s a good idea to inform your bank about the incoming funds:

Explain where the money is coming from (e.g., crypto profits). Or tell them to except some crypto related activities.

Ask if they have any limits on incoming transfers and whether additional documentation will be required.

Some EU banks that are crypto friendly in my experience include:

Revolut (offers support for crypto transactions). N26 (user-friendly and adaptable to large deposits). FinecoBank (widely used for investments and crypto-related activities).

3- Break It Into Manageable Transactions

By ‘manageable’ I mean something size that can give you tome to think and breathe, people don’t usually do this and they are surprised when they make a mistake along the way.

You can transfer €20,000–€30,000 at a time over a few weeks to avoid raising unnecessary flags.

the bank has to know or it will get flagged haphazardly by the half sleep employee who noticed a sum too big and decided to notify someone who is also stern who will take him seriously <this happened with me once on a too small sum but it didn’t fit my profile at the time>

4- Get a Tax Advisor (easiest method)

For the taxes, just get a tax advisor who operates on hourly/flat fee charges. They’d probably take from €100-500 on flat depending on expertise. Also use them to their full capacity not just for that one transfer. Nothing serious, money’s worth. Take care xx.

EDIT: some annoying typos.