please help me | Bitcointalksearch.org

Sayeds56

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Quote from: Akitainu on November 10, 2021, 01:25:05 PM

I want to ask, is there any market that can support unlimited withdrawal of BTC?
in the country where I live, to withdraw BTC within one day the maximum is around $13991

Binance is the leading leading crypto exchange and its services are available in all major countries. The maximum daily withdrawal limit is 100 BTC (which is quite enough) if you have done KYC and your account is fully verified. Kukoin and Exchanges are also good and their withdrawal limit is almost similar to Binance. I would suggest you to get your account verified but don't open your account in many exchanges. It is risky as your personnel information is exposed.

The Cryptovator

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Good see OP did what he was looking for though it eats a night. I am just curious even 100 BTC wasn't enough to withdraw within 24 hours? Since OP mentioned using Binance means he had verified KYC which will allow at least 100 Bitcoin. My account is verified with KYC and seems I have a limit of 100 BTC for cryptocurrency and a $50K limit for fiat. So OP should have same limit as well.

Anyway, you can't fund any exchange with unlimited withdrawals. There would huge risk for the exchange if they allow it. Because in the event of hacking exchange would lose all the funds from the hot wallet in a single transaction.

Darker45

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Quote from: jcojci on November 14, 2021, 06:41:19 AM

He also give screenshot about his reward because of helping his friends.

That is a lot of money that he can use for anything he want.

All's well that ends well. It might have been really tiring doing all the transactions across 7 exchanges, but it was all done in a single night. And it paid off. The reward was worth it.

Not only is this a lot of money already simply for helping a friend, this is more or less easy money. This must even be worth a lot more in Indonesia. Life changing amount in other words.

jcojci

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From his last post, it seems he will not come back to this thread as he want to temporary retired and enjoy the money

He also give screenshot about his reward because of helping his friends.

That is a lot of money that he can use for anything he want.

SiNeReiNZzz

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A few years ago, it was all a bit easier.
But since all the governments see how much money there is in Bitcoin, everyone is of course in it to exercise a certain state control over what the "good" citizens do with their hard-earned money....

Big Brother is watching you...

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Quote from: logfiles on November 12, 2021, 12:19:51 PM

Quote from: noorman0 on November 12, 2021, 12:20:16 AM

He is from Indonesia,
From his story, he wants to help his friend withdraw 1000 BTC which he bought in 2015 and is currently stuck at Indodax due to loss of access. As far as I know, the exchange changed the domain in early 2018 from vip.bitcoin.co.id to indodax.com.

Don't know what initiative so he needs another exchange to withdraw indefinitely. I think with that amount of BTC, he'd better recommend his friend to come directly to the Indodax office so that it can be transferred to a personal wallet instead of wanting to send it to another exchange which will make it more difficult for them if new problems occur.

@OP, Indodax's office address is written at the bottom of their website page (footer).
Don't let your friend think he or she has been mentored by the wrong person.

I tried to translate the story using Google Chrome, but I was unable to.

So in other words, his friend has the 1000 BTC in indodax, and he wants to withdraw the Bitcoins into another centralized exchange's wallet? Or is he looking for a way of converting the 1000 BTC to fiat but daily?

from what I understand is he wants to convert and withdraw all the assets he owns in a short time into fiat form. so he looks for another CEX that can withdraw all of them simultaneously or briefly, because in that market (indodax) there is a limit per day for withdrawals.

well, seeing the current high price of bitcoin, and cases like finding hundreds or thousands of bitcoins in the exchange of a friend of a businessman that he invested in in 2015, it clearly makes them panic and want to withdraw all these assets. but, as far as I know, it will take a few days to do that because everything will be the same when indodax puts a limit on daily Fiat, or BTC withdrawals.

logfiles

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Quote from: noorman0 on November 12, 2021, 12:20:16 AM

He is from Indonesia,
From his story, he wants to help his friend withdraw 1000 BTC which he bought in 2015 and is currently stuck at Indodax due to loss of access. As far as I know, the exchange changed the domain in early 2018 from vip.bitcoin.co.id to indodax.com.

Don't know what initiative so he needs another exchange to withdraw indefinitely. I think with that amount of BTC, he'd better recommend his friend to come directly to the Indodax office so that it can be transferred to a personal wallet instead of wanting to send it to another exchange which will make it more difficult for them if new problems occur.

@OP, Indodax's office address is written at the bottom of their website page (footer).
Don't let your friend think he or she has been mentored by the wrong person.

I tried to translate the story using Google Chrome, but I was unable to.

So in other words, his friend has the 1000 BTC in indodax, and he wants to withdraw the Bitcoins into another centralized exchange's wallet? Or is he looking for a way of converting the 1000 BTC to fiat but daily?

noorman0

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Quote from: bitmover on November 10, 2021, 02:57:28 PM

which country you live?

He is from Indonesia,
From his story, he wants to help his friend withdraw 1000 BTC which he bought in 2015 and is currently stuck at Indodax due to loss of access. As far as I know, the exchange changed the domain in early 2018 from vip.bitcoin.co.id to indodax.com.

Don't know what initiative so he needs another exchange to withdraw indefinitely. I think with that amount of BTC, he'd better recommend his friend to come directly to the Indodax office so that it can be transferred to a personal wallet instead of wanting to send it to another exchange which will make it more difficult for them if new problems occur.

@OP, Indodax's office address is written at the bottom of their website page (footer).
Don't let your friend think he or she has been mentored by the wrong person.

bL4nkcode

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Quote from: Akitainu on November 11, 2021, 12:30:52 AM

@bL4nkcode, @bitmover : Last night I used several exchanges such as gate.io, bithumb, kucoin, Okex, Kraken ,binance and also indodax.
very tiring to withdraw BTC using 7 exchanges in one night, again Thanks for the information.

While it's good to diversify your funds using exchanges/wallets but using lots of different exchanges may expose you to bigger risk especially to your personal information.

Though its okay if these exchanges are not kyc-required but unfortunately, most of them do.

logfiles

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Quote from: Akitainu on November 11, 2021, 12:30:52 AM

Last night I used several exchanges such as gate.io, bithumb, kucoin, Okex, Kraken ,binance and also indodax.
very tiring to withdraw BTC using 7 exchanges in one night, again Thanks for the information.

I don't know how much BTC or crypto you are trying to withdraw every day, but this shouldn't be a problem if you verify your account. Most exchanges have good limits, even for intermediate levels.
Binance - 100 BTC every 24 hours
Kucoin - 100 BTC every 24 hours
Okex - 200 BTC every 24 hours

sunsilk

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Quote from: Akitainu on November 11, 2021, 12:30:52 AM

Last night I used several exchanges such as gate.io, bithumb, kucoin, Okex, Kraken ,binance and also indodax.
very tiring to withdraw BTC using 7 exchanges in one night, again Thanks for the information.

You have no choice but to do that since most exchanges are requiring KYC for higher limits. If you're good to withdraw like it's an unlimited withdrawal then you have to follow their rules about increasing the limit of their users.

And that's through verifying your account.

I'm wondering how many btc you're holding as you've mentioned withdrawing it unlimitedly.

Potato Chips

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There is no centralized exchange with that due to possible legal trouble. What they do is setup account tiers with different withdrawal limit. The higher the limit the more info you have to provide. If you've used Indodax, I'm guessing you're from Indonesia? I don't really see global exchanges restricting the said country, you shouldn't have little options.

For extra huge amounts, you might wanna look into OTCs (Over the Counter (OTC) Cryptocurrency Trading - Explained in Details.)

bitmover

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Quote from: Akitainu on November 11, 2021, 12:30:52 AM

@bL4nkcode, @bitmover : Last night I used several exchanges such as gate.io, bithumb, kucoin, Okex, Kraken ,binance and also indodax.
very tiring to withdraw BTC using 7 exchanges in one night, again Thanks for the information.

Remember that to have large withdrawal limits you need to make kyc verification, sending your personal documents. I strongly advice that you choose one exchange and send documents to only one of those, as you don't know what those exchanges will be doing with your personal documents.

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Quote from: Akitainu on November 10, 2021, 01:25:05 PM

I want to ask, is there any market that can support unlimited withdrawal of BTC?
in the country where I live, to withdraw BTC within one day the maximum is around $13991

Sorry to hear about you situation, it can be frustrating and there are only few possible workarounds:

1. Use more than one exchange to sell and then withdraw close to maximum on each like you just did.

2. Get your KYC done on an exchange that operates from your country. For this coordinate with your local community and see what they are using for everyday trades. If your country does not have any, you will have to depend on Binance and likewise. If you cannot do a KYC, then I dont see any easy way out.

3. Get a trusted relative or friend in some other country who might be willing to work with you and send fiat back after they sell your BTC. This can be very risky but another method that has been used in the past. But keep this as last resort.

Akitainu

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@bL4nkcode, @bitmover : Last night I used several exchanges such as gate.io, bithumb, kucoin, Okex, Kraken ,binance and also indodax.
very tiring to withdraw BTC using 7 exchanges in one night, again Thanks for the information.

bitmover

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Quote from: Akitainu on November 10, 2021, 01:25:05 PM

I want to ask, is there any market that can support unlimited withdrawal of BTC?
in the country where I live, to withdraw BTC within one day the maximum is around $13991

which country you live?

Binance is available in most countries, and it is the biggest exchange in the world by volume, you can withdrawal much more than that there.

If you have a bank account in Europe you can create an account in bitstamp or Kraken which have better withdrawal limits.

bL4nkcode

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Quote from: Akitainu on November 10, 2021, 01:25:05 PM

I want to ask, is there any market that can support unlimited withdrawal of BTC?
in the country where I live, to withdraw BTC within one day the maximum is around $13991

Pretty normal for low volume exchange and unverified account for some exchange. AFAIK binance has 100 BTC limit for24h but needs kyc verification. Kucoin has 2 1 btc limit for 24h and doesn't need kyc. I don't know other exchanges though.
As for your question, I don't think there is an exchanges that has unlimited withdrawal of btc/alts in 24h.

Akitainu

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I want to ask, is there any market that can support unlimited withdrawal of BTC?
in the country where I live, to withdraw BTC within one day the maximum is around $13991

Topic: please help me (Read 225 times)