Topic: best exchange to sell 10 BTC (Read 1216 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.
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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