Hi Alex,
I am interested that there is a large amount of BTC sale?
Topic: Best place to sell large amounts of BTC? (Read 11300 times)
I'm looking for buyers who are interested to buy large amounts of BTC from 500 to 200,000. Transactions are processed via Escrow (CHASE or Wells Fargo, or bank of your choice, but it has to be approved by the seller). PM me if interested. Also, referral fees are guaranteed. There will be 1-2% discount at the moment of sale, it depends on the amount of BTC.
There is absolutely no better place to sell BTC than LiviaCoins. I do all my BTC sales in LiviaCoins.com and pay fast.
how much do you expect? do you wish to use www.huobi.com ? IIRC they are not limiting maximum withdrawal, if you trade with CNY, no fees trading with. they are chinese but provide support in English. if you are having questions about that site, then i can try to answer as i am HKer.
I think Kraken would be one of the best places to sell large amounts of bitcoin, it would be my recommendation 
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I would suggest you to use yobit but don't invest lot of money at once. Invest huge money in small small pieces that would not attract site owner to take your money. Well the site is trusted till now but I couldn't say about its future policy. Also I recommend to go to local trader for dealing with huge money.
I hope this a joke, but sounds like terrible for me, i should for say no about that caused yobit are having the special ability in the alt coins, and not having the other ability like for transacting about the large of amount. bitfinex, kraken are can do more better than yobit. about the local trader are not sure if they having a lot of the funds for that, especially if you try for selling some of your amount before.I don't want to discourage users from yobit but I guess entrusting them that $100,000 for cashout is going to be a hard decision to use yobit. Instead of using that exchange why not try to use those sites who are already in league for a lot of years. Since there are reviews about yobit's support, so if you will let them handle that amount for you, you can have an headache.
I would suggest you to use yobit but don't invest lot of money at once. Invest huge money in small small pieces that would not attract site owner to take your money. Well the site is trusted till now but I couldn't say about its future policy. Also I recommend to go to local trader for dealing with huge money.
I hope this a joke, but sounds like terrible for me, i should for say no about that caused yobit are having the special ability in the alt coins, and not having the other ability like for transacting about the large of amount. bitfinex, kraken are can do more better than yobit. about the local trader are not sure if they having a lot of the funds for that, especially if you try for selling some of your amount before. 
Local exchanges or Kraken (exchanges who has this feature) while both of them is more secured and has reputable names in crypto-currency world and for the former you can meet someone who wants to sell/buy bitcoin and do some transaction (Localbitcoin or use escrow if necessary).
Yeah right like here i was using our local exchange and never experience any problem to withdraw or sell a large amount of bitcoin.. but i think some countries are asking where does money from. here in my country we have limitation of withdrawing a large amount of bitcoin. but if we give our real location if where we are live we can withdraw and exchange a without limitation.. 
If I want to sell $100K worth of bitcoin -for example- immediately, to secure a price... and then re-buy if the price falls again with that $100K what's the best place to do it?
I have my BTC on coinbase but I never sold before so I'm afraid that if I sell on Coinbase... first of all there may only be a limit of $50K or something, and secondly I'm not sure how selling on Coinbase works.... will I have to wait a week for the sell to process, and is that $ going straight into my checking account? Or does the cash stay in Coinbase until I withdraw? Then I'd have to wait another week to re-buy the BTC if I wanted to buy again.
I want the option to buy and sell immediately, as if I'm on poloneix or BTC-E. If anyone has sold on Coinbase would appreciate it if you let me know how it works, or if you have suggestions on where I should sell the BTC.
I considered GDAX too, but I'm afraid of low liquidity and slippage. Does anyone know if GDAX has a limit on how much I can sell at once?
Thanks
I have my BTC on coinbase but I never sold before so I'm afraid that if I sell on Coinbase... first of all there may only be a limit of $50K or something, and secondly I'm not sure how selling on Coinbase works.... will I have to wait a week for the sell to process, and is that $ going straight into my checking account? Or does the cash stay in Coinbase until I withdraw? Then I'd have to wait another week to re-buy the BTC if I wanted to buy again.
I want the option to buy and sell immediately, as if I'm on poloneix or BTC-E. If anyone has sold on Coinbase would appreciate it if you let me know how it works, or if you have suggestions on where I should sell the BTC.
I considered GDAX too, but I'm afraid of low liquidity and slippage. Does anyone know if GDAX has a limit on how much I can sell at once?
Thanks
I don`t trust any cryptocurrency exchange platform enough to put 100K USD worth of bitcoins and trade.
There is a liquidity problem and a risk of being scammed.
Don`t use Coinbase for this.
I am recommending localbitcoins , Ive tried and tested it and my transaction has no hasstle. But I didnt tried converting a large amount of bitcoin. Im just trading small amounts. But for me its good and reliable site.
Local exchanges or Kraken (exchanges who has this feature) while both of them is more secured and has reputable names in crypto-currency world and for the former you can meet someone who wants to sell/buy bitcoin and do some transaction (Localbitcoin or use escrow if necessary).
The best place is locally in your country.
A few things to know. Try to setup a meeting with someone very trusted from localbitcoins.
Never do 100k a deal, you can do like 10 times with 10.000 USD and this would be no big deal in big cities in America.
It contains a lot of risks so always choose a place which is full of people like a well known bar or restaurant.
If you cannot find a really trustworthy person then DO NOT MAKE SUCH A DEAL and wait or do it through some exchange with 20k usd a time.
P.S: First of all I would not keep 100k worth of bitcoin in a web wallet in which I don't even own the private keys, that's too dumb and stupid.
A few things to know. Try to setup a meeting with someone very trusted from localbitcoins.
Never do 100k a deal, you can do like 10 times with 10.000 USD and this would be no big deal in big cities in America.
It contains a lot of risks so always choose a place which is full of people like a well known bar or restaurant.
If you cannot find a really trustworthy person then DO NOT MAKE SUCH A DEAL and wait or do it through some exchange with 20k usd a time.
P.S: First of all I would not keep 100k worth of bitcoin in a web wallet in which I don't even own the private keys, that's too dumb and stupid.
If I want to sell $100K worth of bitcoin -for example- immediately, to secure a price... and then re-buy if the price falls again with that $100K what's the best place to do it?
I have my BTC on coinbase but I never sold before so I'm afraid that if I sell on Coinbase... first of all there may only be a limit of $50K or something, and secondly I'm not sure how selling on Coinbase works.... will I have to wait a week for the sell to process, and is that $ going straight into my checking account? Or does the cash stay in Coinbase until I withdraw? Then I'd have to wait another week to re-buy the BTC if I wanted to buy again.
I want the option to buy and sell immediately, as if I'm on poloneix or BTC-E. If anyone has sold on Coinbase would appreciate it if you let me know how it works, or if you have suggestions on where I should sell the BTC.
I considered GDAX too, but I'm afraid of low liquidity and slippage. Does anyone know if GDAX has a limit on how much I can sell at once?
Thanks
If you already afraid to sell bitcoin user who works with kriptovalyutok probably not the first year, then what to speak of me, whose knowledge base is very small and can lose every penny. I have my BTC on coinbase but I never sold before so I'm afraid that if I sell on Coinbase... first of all there may only be a limit of $50K or something, and secondly I'm not sure how selling on Coinbase works.... will I have to wait a week for the sell to process, and is that $ going straight into my checking account? Or does the cash stay in Coinbase until I withdraw? Then I'd have to wait another week to re-buy the BTC if I wanted to buy again.
I want the option to buy and sell immediately, as if I'm on poloneix or BTC-E. If anyone has sold on Coinbase would appreciate it if you let me know how it works, or if you have suggestions on where I should sell the BTC.
I considered GDAX too, but I'm afraid of low liquidity and slippage. Does anyone know if GDAX has a limit on how much I can sell at once?
Thanks
localbitcoins is the best place for buy and sell your bitcoin there is a lot people buy and sell their bitcoin with safest way and localbitcoin is very famous exchange than other exchange and localbitcoins exchange is trusted and there is a huge number of people using localbitcoins exchange for buy and selling their bitcoins.
If you have a local exchange better to exchange there than exchange to other like zebpay if you are in india or coins.ph if you are in philippines..
Or if you want to make more profit with your bitcoin like other said localbitcoin.com is the best choice..
Or if you want to make more profit with your bitcoin like other said localbitcoin.com is the best choice..
So how long to sell large amounts in sites like localbitcoins? months? years?
I think he want something fast, convert to fiat money asap and not trying to make profit on this.
[assuming you really want to sell $100K worth of bitcoin]
a word of warning:
you may encounter some problems with your bank because that is a large amount of money and it is clearly going to come from a bitcoin exchange service and depending on your country, your bank may flag your account and you may face some troubles this can be taxes or worse.
a word of warning:
you may encounter some problems with your bank because that is a large amount of money and it is clearly going to come from a bitcoin exchange service and depending on your country, your bank may flag your account and you may face some troubles this can be taxes or worse.
I did not think about that... thanks. I have to find out if whatever I sell in Coinbase automatically gets transferred to my bank account... or if the fiat stays in Coinbase until I choose to withdraw. I'm sure I will be flagged at one point... but who knows, maybe in 2-3 yrs I'll have less reasons to use fiat
Are you planning on leaving the cash on the exchange while you wait for the price to drop?
Otherwise you will get into issues with the banks and tax agencies when you get a big incoming transfer (>10k in most countries), which will be investigated. If you didn't pay tax for instance, this may cause problems if you can't explain where and when you got this amount from.
If you plan to trade it within days, you may as well leave it on the exchange, as transfer times between banks will also take days before your funds are withdrawn or deposited.
Otherwise you will get into issues with the banks and tax agencies when you get a big incoming transfer (>10k in most countries), which will be investigated. If you didn't pay tax for instance, this may cause problems if you can't explain where and when you got this amount from.
If you plan to trade it within days, you may as well leave it on the exchange, as transfer times between banks will also take days before your funds are withdrawn or deposited.
Yes, ideally I'd like to leave the fiat in an exchange. Do you know if Coinbase holds the fiat after I sell BTC? Or will they immediately withdraw the fiat to my bank account? I would rather withdraw the fiat to my bank acct in small segments... I can imagine how much of a red flag they'll have if I suddenly deposit a large sum of money
you can sell your bitcoin in any how amount in localbitcoins with safe because a lot of people using the localbitcoins for buy and sell bitcoin and i often sell my bitcoin in to localbitcoins without any worry.
I'm not sure I feel comfortable with localbitcoins, but i'll give it a go. Thanks
It's absolutely crazy to store amounts that large on Coinbase or any other exchange if you ask me. The risk of hacking or arbitrary account freezing is far too high. I seriously doubt that the possible return of trading activity you seem to have in mind is worth this risk. And even if your trading ideas could be implemented, there's no guarantee that you will generate a positive return of investment.
However I doubt they can be implemented. Even if you manage to get past the highly privacy invasive registration process of an exchange (like Kraken) that allows you trading huge amounts and you succeed in convincing the governmental bootlickers at your bank that you're not a money launderer, you will discover that the exchanges are not offering sufficient liquidity to make trades that large profitable. The slippage is enormous.
You will have a less stressful life if you just start slowly withdrawing your funds from Coinbase to addresses you control. Bitcoin's purchasing power will appreciate more than enough to make you a happy man by simply hodling.
ya.ya.yo!
However I doubt they can be implemented. Even if you manage to get past the highly privacy invasive registration process of an exchange (like Kraken) that allows you trading huge amounts and you succeed in convincing the governmental bootlickers at your bank that you're not a money launderer, you will discover that the exchanges are not offering sufficient liquidity to make trades that large profitable. The slippage is enormous.
You will have a less stressful life if you just start slowly withdrawing your funds from Coinbase to addresses you control. Bitcoin's purchasing power will appreciate more than enough to make you a happy man by simply hodling.
ya.ya.yo!
This will sound stupid coming from a poster with a "legendary" sticker, but the reason I keep all my BTC in Coinbase is because I'm afraid of losing the BTC if I mess something up on a private wallet. Exchanges get hacked all the time but Coinbase has taken much greater measures to maintain a level of security over an exchange like BFX for example. I heard they keep 98% of their BTC in cold storage. I feel a little bit safer keeping it there than trying to keep up with a paper wallet or trezor
If you have a local exchange better to exchange there than exchange to other like zebpay if you are in india or coins.ph if you are in philippines..
Or if you want to make more profit with your bitcoin like other said localbitcoin.com is the best choice..
Or if you want to make more profit with your bitcoin like other said localbitcoin.com is the best choice..
So how long to sell large amounts in sites like localbitcoins? months? years?
I think he want something fast, convert to fiat money asap and not trying to make profit on this.
If you have a local exchange better to exchange there than exchange to other like zebpay if you are in india or coins.ph if you are in philippines..
Or if you want to make more profit with your bitcoin like other said localbitcoin.com is the best choice..
Or if you want to make more profit with your bitcoin like other said localbitcoin.com is the best choice..
i think the best place to sell bitcoins is localbitcoins.com .if u are an indian u can use zebpay ,well its an app in ur phone where u can sell ur bitcoins an buy them also ad it is not scam till now and it will not be i hope.kudoos 
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