Topic: best exchange to sell 10 BTC - page 2. (Read 1216 times)
generally all big exchanges as the same as others.
Before you sell anything on an exchange make sure you verification is in order. Bitstamp particularly are well known for asking ridiculous questions about the origins of the coins and your intentions. It seems going above certain amounts triggers this.
As far as I know USD via Kraken is done by a third party payment processor that seems to be pretty shitty and is another one who throws verification at you. There's also very little USD volume on Kraken compared to EUR.
If you're in the right state Gemini is probably the best option. You could also try a very established trader on Localbitcoins.
As far as I know USD via Kraken is done by a third party payment processor that seems to be pretty shitty and is another one who throws verification at you. There's also very little USD volume on Kraken compared to EUR.
If you're in the right state Gemini is probably the best option. You could also try a very established trader on Localbitcoins.
First of all that is a lot of money my friend.
Either bitstamp or kraken will be looking for verification for security purposes.
Best to do that first instead of rushing all of it when you need it mostly.
40k USD is not a small time, you could buy a lot out of it.
Either bitstamp or kraken will be looking for verification for security purposes.
Best to do that first instead of rushing all of it when you need it mostly.
40k USD is not a small time, you could buy a lot out of it.
Any reputed exchange like Bitstamp, Kraken, etc. Don't worry 10 BTC is a lot for everyone. If you need quite urgently You can use Kraken safely as long you don't cross the daily/monthly limit. Using Loacalbitcoin as it has been suggested is not so good as you won't have a good rate
+1 for Kraken and Bitstamp.
In addition to the daily / monthly limit, keep in mind the following:
1) You will probably need to get your ID verified at the respective exchange. This process may take days if you're unlucky, so take care of this early.
2) Depending on your legislation you may have to register larger incoming bank transfers (eg. Germany)
It depends if you prefer to use trusted exchange or risk a bit and save more money (questionable) and use less known, trusted service.
Considered that bitcoin exchanges have certain kind of reputation (even the biggest exchanges failed in the past).
I would rather use the most trusted, regulated exchange available and pay more fees than try my luck with 2nd-grade service.
Considered that bitcoin exchanges have certain kind of reputation (even the biggest exchanges failed in the past).
I would rather use the most trusted, regulated exchange available and pay more fees than try my luck with 2nd-grade service.
me used this site and i got all time money in 24 hour soo very fast and very good rate https://www.btcxchange.ro/referral/BTCXAFF79094B7299F
It's not a small amount so you need reliable exchanger you could trust. Bitstamp is one of those I could recommend. If you want more private exchange then you can choose localbitcoins but in that case I recommend that you go with smaller amount and choose traders carefuly as well as means of funds transfer.
I would recommend you Bittrex.
But keep in mind, whatever exchange you choose, you will need to pass full verification before able to withdraw $4K+.
But keep in mind, whatever exchange you choose, you will need to pass full verification before able to withdraw $4K+.
What in Bittrex can we convert our bitcoins to fiat currency? Is this option is available on this site? I am sorry I just trade BTC to other altcoins not converted my bitcoins to USD ever, so I am asking. If we want to convert our bitcoins in fiat, we have to transfer our BTC from bittrex to local currency exchange and do this is the process am I right?
I would recommend you Bittrex.
But keep in mind, whatever exchange you choose, you will need to pass full verification before able to withdraw $4K+.
But keep in mind, whatever exchange you choose, you will need to pass full verification before able to withdraw $4K+.
I personally would use Bitstamp for such a big sum, I don't feel localbitcoins would give me enough security. With Kraken I'm totally subjective. So I don't know what you should do, but if I needed to liquidate 10 coins at this price, I'd do it with Bitstamp.
I would also vote for Bitstamp as you will have to divide the total into lots of parts if you want to liquidate in Kraken. Localbitcoins is not that preferable because 10 BTC is a lot and you cant trust anyone in this matter.
I personally would use Bitstamp for such a big sum, I don't feel localbitcoins would give me enough security. With Kraken I'm totally subjective. So I don't know what you should do, but if I needed to liquidate 10 coins at this price, I'd do it with Bitstamp.
I would recommend Kraken, I understand you want to get the best rate but security is your main concern with 10BTC.
Kraken is very safe for orders this size.
If not you can always try locabitcoins.com and negotiate a good deal.
I'm not sure about kraken. I have been suggested to use localbitcoins if interested to take part into trading. Till date I haven't got into any form of trading. I focus into learning about the good, bad and the requirements for being successful in trading and enter after earning some amount of buffoon. On account of the suggestion I got feel this to be the best. Kraken is very safe for orders this size.
If not you can always try locabitcoins.com and negotiate a good deal.
Any reputed exchange like Bitstamp, Kraken, etc. Don't worry 10 BTC is a lot for everyone. If you need quite urgently You can use Kraken safely as long you don't cross the daily/monthly limit. Using Loacalbitcoin as it has been suggested is not so good as you won't have a good rate
I would recommend Kraken, I understand you want to get the best rate but security is your main concern with 10BTC.
Kraken is very safe for orders this size.
If not you can always try locabitcoins.com and negotiate a good deal.
Kraken is very safe for orders this size.
If not you can always try locabitcoins.com and negotiate a good deal.
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
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