How to Buy large Volumes of BTC - page 2.

diahsw

full member

Activity: 756

Merit: 105

Quote from: CTOCTB on July 25, 2019, 09:00:08 PM

Curious to know as to how I can purchase large volumes of BTC. Will be paying cash.

In trading, especially in the stock market, besides price data there is also volume data. If prices are the main focus of traders in analyzing, this is not the case with volume. Volume is often forgotten. Many traders do not use volume in their analysis. They do not understand the meaning of volume and only see the volume indicating the market is crowded or quiet. What is the volume? How to read the volume correctly and apply it?
What is volume? Volume can be defined as the number of shares or contracts on a stock or on all shares in one stock traded in a certain period. In other words, every time a share is bought or sold by someone, this is the volume. to more clearly visit this site https://coinmarketcap.com/ there we can see the transaction volume per 24 hours, logically the transaction volume is the buy / sell that has occurred and bring up the latest price.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Depends how "large" the amount you need is. If you need hundreds, probably Coinbase Pro would suffice(if it allows trading in your country). With thousands though? Probably go OTC like people are suggesting.

You can also do something like contacting people on LocalBitcoins and do the transactions in person, so that the fee you're going to pay will only be the transaction fee. Exchange fees can add up quite a bit when buying huge amounts.

joelsamuya

member

Activity: 532

Merit: 41

https://emirex.com

Here in my country, there are now many licensed and legit Bitcoin selling and buying platforms which are operating under the category of money remittance business. It is quite easy to buy a volume of Bitcoin but of course you need to coordinate with them as the transaction is not the usual one and if you do it one time then you can be reported to the Anti-Money Laundering Council as specified by the law. Since these are licensed, the rates are usually higher than what one can find in the P2P market but then this can be less risky than finding someone else to trade (except if you know that somebody, of course).

joniboini

legendary

Activity: 2170

Merit: 1789

The quick answer is OTC, but you can do it in many forms. Where did you live? Is there a lot of Bitcoin or crypto users over there? Then you can do local trade. Another alternative is online OTC where you can do it here with the trusted seller or you can use OTC services from some exchange (though you'll probably need to do KYC).

I think doing OTC with forum members here is probably one of the safest options. Don't forget to use escrow.

Hallmader

sr. member

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Merit: 253

Quote from: CTOCTB on July 25, 2019, 09:00:08 PM

Curious to know as to how I can purchase large volumes of BTC. Will be paying cash.

Here in my place, there is an over-the-counter transaction for purchasing large volumes of BTC. But I prefer a peer-to-peer transaction. That would be the best choice. That would be much safer in terms of protecting your identity. I guess you are avoiding doing the purchase through exchanges for the same purpose.

Here: https://bitcointalk.org/index.php?board=53.0. This is the section where you might want to post your terms and offer.

CTOCTB

newbie

Activity: 10

Merit: 0

Curious to know as to how I can purchase large volumes of BTC. Will be paying cash.

Topic: How to Buy large Volumes of BTC - page 2. (Read 417 times)