Topic: Selling - help needed! - page 2. (Read 344 times)
Looking now at Coinbase; I think I can get fiat out there? Not going to Binance if I can't get fiat. Is Coinbase also considered reputable or is any other exchange preferable? There are so many stories about exchanges being hacked that it's a bit scary for a beginner
Why do you just do your self the favour and go and find out personally by logging into binance site do the registration and possibly start trading when you are allowed to do so
If you are in the UK, then I'll buy a small (ish) amount for Sterling, and pay through faster payments. That gives you immediate cash in your bank account. It also means you don't have crypto purchases associated with your fiat account. I use the xe.com price for purchases.
How much do you consider a small (ish) amount?
Firstly to be honest this a questions you would be able to ask and get answers on google
But since you already here
Question 1. It wouldn't take too long for you to be able to sell. But there was a release from binance that they will bring back limited users registration so that to say they will have a limit of user That would be able to register each day.
Question 2. You would be able to sell when your registration is approved.
Question 3. K.Y.C is needed during your verification
Question 4. Binance by trade volume is the top most exchanges but there are other features that other top exchanges can compete with it.
And to your end remark I would advice you to cultivate the habit of browsing the internet first. Google is your friend
But since you already here
Question 1. It wouldn't take too long for you to be able to sell. But there was a release from binance that they will bring back limited users registration so that to say they will have a limit of user That would be able to register each day.
Question 2. You would be able to sell when your registration is approved.
Question 3. K.Y.C is needed during your verification
Question 4. Binance by trade volume is the top most exchanges but there are other features that other top exchanges can compete with it.
And to your end remark I would advice you to cultivate the habit of browsing the internet first. Google is your friend
Believe me I have browsed & browsed and browsed.
Firstly to be honest this a questions you would be able to ask and get answers on google
But since you already here
Question 1. It wouldn't take too long for you to be able to sell. But there was a release from binance that they will bring back limited users registration so that to say they will have a limit of user That would be able to register each day.
Question 2. You would be able to sell when your registration is approved.
Question 3. K.Y.C is needed during your verification
Question 4. Binance by trade volume is the top most exchanges but there are other features that other top exchanges can compete with it.
And to your end remark I would advice you to cultivate the habit of browsing the internet first. Google is your friend
But since you already here
Question 1. It wouldn't take too long for you to be able to sell. But there was a release from binance that they will bring back limited users registration so that to say they will have a limit of user That would be able to register each day.
Question 2. You would be able to sell when your registration is approved.
Question 3. K.Y.C is needed during your verification
Question 4. Binance by trade volume is the top most exchanges but there are other features that other top exchanges can compete with it.
And to your end remark I would advice you to cultivate the habit of browsing the internet first. Google is your friend
If you are in the UK, then I'll buy a small (ish) amount for Sterling, and pay through faster payments. That gives you immediate cash in your bank account. It also means you don't have crypto purchases associated with your fiat account. I use the xe.com price for purchases.
So if Binance doesn't allow me to change BTC to fiat, how can I do it? It is all sooooo complicated & that is why I didn't sell at various other times over the past year. I actually almost regret ever getting involved
Thank you for your replies. So, if I was selling no more than 2 BTC I wouldn't have to provide KYC info at all? My coins are currently in cold storage. I intend to transfer them to a Blockchain wallet & then from there to Binance...does that sound like the right way to do it? Can I also transfer the Bitcoin Cash coins to the Blockchain wallet?
Binance doesn't exchange BTC to Fiat, You will need to look for another option, And you will be asked to through KYC. For the other question it depend on what exchange you will use.
You can register on Binance and sell your BTC immediately. KYC is not necessary to start trading.
With Veritified account, you can withdraw 100BTC per 24h.
With Non-veritified account, you can withdraw 2BTC per 24h.
With Veritified account, you can withdraw 100BTC per 24h.
With Non-veritified account, you can withdraw 2BTC per 24h.
Binance is still one of the best - yes.
You can trade on Binance without KYC but you can t withdraw more than the value of 2 BTC in a 24 hour period without performing KYC.
This was the case when I signed up last year.
You can trade on Binance without KYC but you can t withdraw more than the value of 2 BTC in a 24 hour period without performing KYC.
This was the case when I signed up last year.
I have decided to sell a portion of my BTC. My question is if I register with an exchange like Binance now, how soon should I be able to sell? Should I be able to sell today? Will I have to go through KYC first or will that only come when I ask to withdraw my money? Finally is Binance still of the the best/safest exchanges? I have asked this question in the past but never went on to actually sell & I know things can change with time.
I still intend to hold on to the bulk of my BTC.
Thanks in advance.
I still intend to hold on to the bulk of my BTC.
Thanks in advance.
Jump to: