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Topic: How Exchange Cash Out Profits (Read 152 times)

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October 19, 2017, 09:14:20 AM
#1
While looking at Bittfinex Cold Wallet [1] I was thinking about the way Exchange actually cash out their own profits. I mean it is usually thousands of BTC's of comissions stored among other funds in there. Do they cash it out straight using their own services to sell their BTC's or do they use some intermediary service to dump coins on their behalf (exchanges without fiat options like Bittrex have to use intermediates)?

Also If I wanted to cash, say 1000 BTC today, what do I do?

[1] https://bitinfocharts.com/bitcoin/address/3D2oetdNuZUqQHPJmcMDDHYoqkyNVsFk9r
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