Topic: best exchange to sell 10 BTC (Read 1209 times)
Use LocalBitcoins, friends! You can sell your 10 bitcoines without the need for identification or sms verification very quickly - 100% anonymous users will submit it directly to your bank. It is my recommendation to me. It keeps getting incrementally incremented and ensures it.
Virtually every reputable sites that have the option of withdrawal using fiat can make this option available without too much difficulty. 10btc is a whole lot of money but mere looking at various orders on the market if exchange platforms will show its just a piece of what others are ordering without even blinking an eye over it. I wouldn't want to transact such amount of deal offline especially not with a stranger on localbitcoin.
I would advice you to find a trusted buyer in Localbitcoins and get the cash directly deposited to your bank account. This is the fastest method. If you go through exchanges such as Kraken, then they can take as much as 1 week to process your fiat withdrawal request.
I think it will always depends on which country do you live, local exchange that support some local banks in you country will be good.
For Kraken; Fees vary depending on the volume - for main trading pairs this is between 0.1-0.35% - however for other less common crypto pairs the range can be as low as 0.05% or as high as 0.75%. There are also 0% fees for traders offering liquidity. Withdrawals and deposits are variable depending on the method - although in general all fees are 0.19% with a $20 minimum.
However, from some reviews, it seems that bitstamp is a better exchange than Kraken. https://coinpedia.org/exchange/bitstamp/
For Kraken; Fees vary depending on the volume - for main trading pairs this is between 0.1-0.35% - however for other less common crypto pairs the range can be as low as 0.05% or as high as 0.75%. There are also 0% fees for traders offering liquidity. Withdrawals and deposits are variable depending on the method - although in general all fees are 0.19% with a $20 minimum.
However, from some reviews, it seems that bitstamp is a better exchange than Kraken. https://coinpedia.org/exchange/bitstamp/
Thanks guys for all the wonderful suggestions 
Suggestion to use Bitstamp or Kraken the most, or maybe even bittrex. My Kraken account is already verified so that's a good start, but I am good to verify with new exchanges it usually take a few days but I can wait (just hope prices doesn't fall, unlikely though lol)
Arbitrage for bitcoins won't be alot but 1% saved will be 400USD so that's still alot of money to me. Someone also suggested Gemini, and they seem to have good rates on coinmarketcap but I have heard little about them, maybe it's just me.
I can spread the 10 BTCs into 10 or more trades to avoid a big trade if needed, trades can be executed for a few days. Unless there's a reason to do a big trade (save on fees?)
Localbitcoins have inferior price to buyer, you pay more as a buyer, so does that mean you get more as a seller? I've purchased before on localbitcoins and I get charged slightly higher than exchanges, though it might be just be me in local currencies.
Thanks again.
Suggestion to use Bitstamp or Kraken the most, or maybe even bittrex. My Kraken account is already verified so that's a good start, but I am good to verify with new exchanges it usually take a few days but I can wait (just hope prices doesn't fall, unlikely though lol)
Arbitrage for bitcoins won't be alot but 1% saved will be 400USD so that's still alot of money to me. Someone also suggested Gemini, and they seem to have good rates on coinmarketcap but I have heard little about them, maybe it's just me.
I can spread the 10 BTCs into 10 or more trades to avoid a big trade if needed, trades can be executed for a few days. Unless there's a reason to do a big trade (save on fees?)
Localbitcoins have inferior price to buyer, you pay more as a buyer, so does that mean you get more as a seller? I've purchased before on localbitcoins and I get charged slightly higher than exchanges, though it might be just be me in local currencies.
Thanks again.
I've heard some bad stories with localbitcoins. People do purchase accounts with trust and whatnot; be careful with who you deal with if you choose to go down that path. Also, I suggest you stay away from
Coinbase if it was ever in your thought process. Fees are just ridiculous with Coinbase, and overall, the system is looked down upon amongst heavy Bitcoin exchangers.
When it comes conversion of my alt to fiat, I have high trust rate on bitstamp. ..I often use bitstamp
Alternatives:
Kraken
Cex
Alternatives:
Kraken
Cex
Due to some urgent needs, I need to take profit from ~10 BTCs for USD. Not right away but probably in a week or two. Am not a big timer, so 10 BTC is quite alot for me. 
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
There are lots and lots of exchangers out there and these exchangers give you their own prices, the only exchanger I’ve been working with for long is localbitcoins.com, these guys are the best because they aren’t going to be involved in any transaction directly, they just act as escrow between you and the buyer or seller Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
Thanks guys for all the wonderful suggestions
Suggestion to use Bitstamp or Kraken the most, or maybe even bittrex. My Kraken account is already verified so that's a good start, but I am good to verify with new exchanges it usually take a few days but I can wait (just hope prices doesn't fall, unlikely though lol)
Arbitrage for bitcoins won't be alot but 1% saved will be 400USD so that's still alot of money to me. Someone also suggested Gemini, and they seem to have good rates on coinmarketcap but I have heard little about them, maybe it's just me.
I can spread the 10 BTCs into 10 or more trades to avoid a big trade if needed, trades can be executed for a few days. Unless there's a reason to do a big trade (save on fees?)
Localbitcoins have inferior price to buyer, you pay more as a buyer, so does that mean you get more as a seller? I've purchased before on localbitcoins and I get charged slightly higher than exchanges, though it might be just be me in local currencies.
Thanks again.
Answer many is to bitstamp and kraken. And you have verified your account.So, keep it safe your Bitcoin because I think 10 BTC is very much. Suggestion to use Bitstamp or Kraken the most, or maybe even bittrex. My Kraken account is already verified so that's a good start, but I am good to verify with new exchanges it usually take a few days but I can wait (just hope prices doesn't fall, unlikely though lol)
Arbitrage for bitcoins won't be alot but 1% saved will be 400USD so that's still alot of money to me. Someone also suggested Gemini, and they seem to have good rates on coinmarketcap but I have heard little about them, maybe it's just me.
I can spread the 10 BTCs into 10 or more trades to avoid a big trade if needed, trades can be executed for a few days. Unless there's a reason to do a big trade (save on fees?)
Localbitcoins have inferior price to buyer, you pay more as a buyer, so does that mean you get more as a seller? I've purchased before on localbitcoins and I get charged slightly higher than exchanges, though it might be just be me in local currencies.
Thanks again.
I don’t know the best but you can try localbitcoins.com they help to find the guys around you that want to buy bitcoins from you, but also you can check out exchangers to sell your bitcoins to but you should be careful with exchangers
Due to some urgent needs, I need to take profit from ~10 BTCs for USD. Not right away but probably in a week or two. Am not a big timer, so 10 BTC is quite alot for me.
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
C-Cex or Hitbtc even in Yobit
If you are in a legitimate situation and have a bank account, you probably want kraken.com (supports bank wires, insignificant fees). Note that for the kind of volumes that you mention, the bank will report you to IRS, who might take interest in you.
If you want cash and anonymity, you probably want localbitcoins.com or the marketplace that is included in Mycelium.
Another way to spend this BTC would be to use some of the numerous credit card options - some are anomymous
If you want cash and anonymity, you probably want localbitcoins.com or the marketplace that is included in Mycelium.
Another way to spend this BTC would be to use some of the numerous credit card options - some are anomymous
I can only be anonymous if I take cash (or cash card type) through localbitcoins, else it would still be a bank transfer so the IRS issue is not solved. I'd feel safer it it's wired than to receive 10 BTC worth of cash.
If you are in a legitimate situation and have a bank account, you probably want kraken.com (supports bank wires, insignificant fees). Note that for the kind of volumes that you mention, the bank will report you to IRS, who might take interest in you.
If you want cash and anonymity, you probably want localbitcoins.com or the marketplace that is included in Mycelium.
Another way to spend this BTC would be to use some of the numerous credit card options - some are anomymous
If you want cash and anonymity, you probably want localbitcoins.com or the marketplace that is included in Mycelium.
Another way to spend this BTC would be to use some of the numerous credit card options - some are anomymous
Poloniex.com 
If i have so much bitcoin then i will use bitstamp as the place of exchange. Bitstamp has a very good reputation to date, so you can feel safe in doing various transactions there. One of your alternatives can use localbitcoins to attract funds to local currency. You can find buyers who have a reputation and a place that one area with you. Select and adjust to your needs, because it will end in the decision you choose.
Due to some urgent needs, I need to take profit from ~10 BTCs for USD. Not right away but probably in a week or two. Am not a big timer, so 10 BTC is quite alot for me.
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
Use LocalBitcoins, friend! That is the place you can sell very quickly your 10 Bitcoins without needing Identification or SMS verification - 100% anonymous. They will deposit directly to your bank. That is my recommendation to you.
Thanks Kenny.
Yes, right now I rather hold than sell but these are special circumstances.
Another reason I am not fully comfortable (or acclimatize rather) with LBC is that if I sell in say 0.5 btc each I will have 20 trades, would my bank feel weird that I am getting all these transaction this month when normally the account is pretty dormant. My bank is in Singapore fwiw in SGD and USD currency.
Due to some urgent needs, I need to take profit from ~10 BTCs for USD. Not right away but probably in a week or two. Am not a big timer, so 10 BTC is quite alot for me.
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
Use LocalBitcoins, friend! That is the place you can sell very quickly your 10 Bitcoins without needing Identification or SMS verification - 100% anonymous. They will deposit directly to your bank. That is my recommendation to you.
Thanks guys for all the wonderful suggestions
Suggestion to use Bitstamp or Kraken the most, or maybe even bittrex. My Kraken account is already verified so that's a good start, but I am good to verify with new exchanges it usually take a few days but I can wait (just hope prices doesn't fall, unlikely though lol)
Arbitrage for bitcoins won't be alot but 1% saved will be 400USD so that's still alot of money to me. Someone also suggested Gemini, and they seem to have good rates on coinmarketcap but I have heard little about them, maybe it's just me.
I can spread the 10 BTCs into 10 or more trades to avoid a big trade if needed, trades can be executed for a few days. Unless there's a reason to do a big trade (save on fees?)
Localbitcoins have inferior price to buyer, you pay more as a buyer, so does that mean you get more as a seller? I've purchased before on localbitcoins and I get charged slightly higher than exchanges, though it might be just be me in local currencies.
Thanks again.
Suggestion to use Bitstamp or Kraken the most, or maybe even bittrex. My Kraken account is already verified so that's a good start, but I am good to verify with new exchanges it usually take a few days but I can wait (just hope prices doesn't fall, unlikely though lol)
Arbitrage for bitcoins won't be alot but 1% saved will be 400USD so that's still alot of money to me. Someone also suggested Gemini, and they seem to have good rates on coinmarketcap but I have heard little about them, maybe it's just me.
I can spread the 10 BTCs into 10 or more trades to avoid a big trade if needed, trades can be executed for a few days. Unless there's a reason to do a big trade (save on fees?)
Localbitcoins have inferior price to buyer, you pay more as a buyer, so does that mean you get more as a seller? I've purchased before on localbitcoins and I get charged slightly higher than exchanges, though it might be just be me in local currencies.
Thanks again.
Due to some urgent needs, I need to take profit from ~10 BTCs for USD. Not right away but probably in a week or two. Am not a big timer, so 10 BTC is quite alot for me.
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
Can anyone suggest which major exchange offers the best rates? It's easy to look at coinmarketcap but I gather there might be hidden charges - withdrawal fees, spread etc, bank charges even. I am already on Kraken if it's worth knowing but am good to go at any trusted exchanges.
For those of you active traders, advice highly appreciated
Use LocalBitcoins, friend! That is the place you can sell very quickly your 10 Bitcoins without needing Identification or SMS verification - 100% anonymous. They will deposit directly to your bank. That is my recommendation to you.
Your 10btc is a lot brother so better be careful in exchanges.
When I first trade my coins I try to trade a small amount first so I can test the exchange and if nothings happen then i'll go all in. That's it.
I've been using bittrex and so far I didn't have any problems using this. And also wavesdex. I tried once the Kraken and maybe it doesn't suits me like there's something that comes up and I dont wanna risk my money and I use again the bittrex.
When I first trade my coins I try to trade a small amount first so I can test the exchange and if nothings happen then i'll go all in. That's it.
I've been using bittrex and so far I didn't have any problems using this. And also wavesdex. I tried once the Kraken and maybe it doesn't suits me like there's something that comes up and I dont wanna risk my money and I use again the bittrex.
Well, if you wanna be safe in your transaction and if you are afraid of being scammed, then use Kraken, it the best exchanger that is around here at the moment. Dont try to use poloniex or bittrex, they will probably scam you like they did with an user that deposited 5 btc and the transaction was never reflected on his poloniex balance, also they never reply support section.
Jump to: