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Topic: Transfer BTC in stable coins (Read 508 times)

full member
Activity: 602
Merit: 134
bounty manager? contact me: https://bit.ly/2skHgzN
April 09, 2019, 09:46:33 PM
#47
I would suggest trading your coins to TUSD, you can trade it on binance.com and they doesnt require KYC and you can also just store it on your erc20 compatible wallet
full member
Activity: 532
Merit: 102
April 09, 2019, 06:45:32 PM
#46
Hi, for any age you want to work out or keep your bike .In the choice of coins, of course you decide.There are coins in the top 100, and there are new coins: choose a good project, check that it is reliable and buy some at the start. I work this way according to this scheme - now I am working with one project - I think there will be a good profit here.
full member
Activity: 980
Merit: 114
April 09, 2019, 03:19:37 PM
#45
What is a stabycoin to you, because as far as cryptocurrency industry is concern there is nothing like stable coin because the market is highly volatile and unstable that is why it call a decentralized currency. No coin can be call a stable coin.
hero member
Activity: 1162
Merit: 516
1BTC Welcome Bonus
April 09, 2019, 02:12:03 PM
#44
Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks

You can use USDT, USDC, and TUSD .. As for me, BTC is still a coin that can help you increase your money in the future.

Looking about the current trend marketplace is need to be saved our funds in BTC or ETH only.

Those stable coins are not at all needful now maybe if you strongly believe the bitcoin price will drop equivalent to the USD. Then think well about the cryptocurrency worth with your own prediction and sell it for USDT or USDC.
jr. member
Activity: 308
Merit: 3
April 09, 2019, 10:51:08 AM
#43
Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks

You can use USDT, USDC, and TUSD .. As for me, BTC is still a coin that can help you increase your money in the future.
sr. member
Activity: 1638
Merit: 457
April 09, 2019, 09:21:03 AM
#42
Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks
If you want to exchange your BTC to stable coins, I think that is the wrong choice, do you not notice that currently the price of BTC is starting to crawl up on the market and other altcoins and I think it's better to just keep it and wait until the market arrives bull.
sorry this is just my personal opinion but the decision is your choice or do an analysis again so you can understand the market conditions and be able to take advantage of the situation.
newbie
Activity: 342
Merit: 0
April 08, 2019, 03:55:30 PM
#41
You can transfer to the platform where you can convert them and keep it with some annual return. Check Nexo, Bitrue.
newbie
Activity: 342
Merit: 0
April 08, 2019, 03:53:45 PM
#40
Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks

Hello dirkdekeizer idk how old are you, and i don't care  Grin i have one solution for you, you can send your coins to kraken, if you dont want to verify your account you will only have a limit of $2k daily for withdrawals, i think that's the solution you are searching for. Good luck.
I think this is changed for Kraken. Now the ask thorough KYC to be able to withdraw.
newbie
Activity: 2
Merit: 0
April 08, 2019, 01:38:47 PM
#39
This one is open for everyone:
full member
Activity: 798
Merit: 109
https://bmy.guide
April 08, 2019, 12:34:39 PM
#38
But, BTC has been on the rise, why would you think of transferring it ? Personally I will not. Because I hate shorting bitcoins for my own benefits reasons. I love bitcoins and I want to support it by holding and I believe shorting in any format may question my faithfulness toward bitcoin ecosystem.
Correct, you can divert your bitcoin into stable coins once it is going down the bitcoin price and once you are diverting this you are safe from having a loss. This strategy is very useful because at that point you can stop your lose but when bitcoin continue raising and stable coins are possible will drop a little just because of the dollar value. So, while bitcoin keep growing it doesn't make sense if you divert to USDT.
hero member
Activity: 1316
Merit: 514
April 08, 2019, 09:38:03 AM
#37
Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.
So many young people have been showing interest in Bitcoin lately because of fear of missing out FOMO the lucrative opportunity and I think that it is not going to be very easy for them to get through this all because you need to have some good knowledge about it and I think that the age factor could be bypassed as well by sending it to an exchange like Binance and then selling it for any coin you love to own.

But, BTC has been on the rise, why would you think of transferring it ? Personally I will not. Because I hate shorting bitcoins for my own benefits reasons. I love bitcoins and I want to support it by holding and I believe shorting in any format may question my faithfulness toward bitcoin ecosystem.

Yeah, ive seen and talk to 13 year old boy that already made a career from joining different bounty campaigns and participating in different crypto airdrop projects and i am impress that they started young and already making some extra money for themselves.
hero member
Activity: 1190
Merit: 541
April 08, 2019, 09:29:58 AM
#36
Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.
So many young people have been showing interest in Bitcoin lately because of fear of missing out FOMO the lucrative opportunity and I think that it is not going to be very easy for them to get through this all because you need to have some good knowledge about it and I think that the age factor could be bypassed as well by sending it to an exchange like Binance and then selling it for any coin you love to own.

But, BTC has been on the rise, why would you think of transferring it ? Personally I will not. Because I hate shorting bitcoins for my own benefits reasons. I love bitcoins and I want to support it by holding and I believe shorting in any format may question my faithfulness toward bitcoin ecosystem.
Ucy
sr. member
Activity: 2576
Merit: 402
Bisq is a Bitcoin Fiat Dex. Use responsibly
April 07, 2019, 05:10:04 AM
#35
There are no other coins except for USDT, USDC, and TUSD all other coins are always fluctuate if the market is in the bull market just like today the price is fluctuating.

Well, I suggest you if you want to save your profit in stable coins you must verify your account. There is a local exchange that requires you KYC same here in my country and I used my husband ID including the selfie.

So if you have a friend that has ID or your parents you can use it temporarily so that you have the option to exchange your crypto to stable coin or USD.


There are quite a number decentralized stablecoin like dai, havven he/she can choose from... They probably would be his/her best option. Not sure if there is any easy way to store  DIA stablecoin for example. He could use ethereum based decentralized exchanges like forkdelta or Etherdelta. But he needs to convert his Bitcoin to Ethereum first before he could convert the ethereum to DAI  coins. 
This requires no kyc at all
full member
Activity: 1008
Merit: 101
April 06, 2019, 05:38:41 PM
#34
Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.
Yeah, I did it too since I started trading at 17 after my friend introduced it to me. At first it was good until I need to pass KYC in a certain exchange but student identification card is not valid for verifying so I ended up having guidance to my friend whose older than me and knows about cryptocurrency trading.
Exactly as student card is not valid but I am sure in future people will not have to face this problem,, KYC being use by some exchanges for the sake of security and it is important too, bitcoin is the most unstable coin and it will help us to avoid sell at panic, you can start with some other exchange which can help you become a good trader.
member
Activity: 1204
Merit: 38
April 06, 2019, 03:06:41 PM
#33
Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks
I don't think it will be a good decision right now because Bitcoin is the most useful way of money making so if you transfer Bitcoin into some other stable investment I definitely sure it will not been profitable as like you are holding with your Bitcoin for the long time in the future.
full member
Activity: 602
Merit: 111
April 06, 2019, 02:57:39 PM
#32
Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks
yes the people are thinking the surety will be e very low with their investment and Bitcoin but if we transfer every investment to a stable currency it will not grow anymore so don't do every thing to a stable currency used half of it to a bitcoin investment because it will be more profitable than any other thing.
sr. member
Activity: 1120
Merit: 256
April 06, 2019, 10:53:44 AM
#31
Easy give the bitcoin to your elder sibling to
Catch out since you ain’t 18 yet or you should keep holding it till you clock 18 OR Older right now bitcoin is bubbling..

And do you really think he will give it back once he knew how much the value of that bitcoin you just gave him?
I dont think so.
That is not a wise move.
Better just look for new options.
Binance though is giving a starter pack of 2 bitcoin withdrawals to any coin.  Better look at their android application and it might come in handy.
binance is a very good exchange if I think the problem is that we make exchanges quickly and easily so that many people use them to exchange tools
hero member
Activity: 2912
Merit: 642
April 06, 2019, 10:37:40 AM
#30
Easy give the bitcoin to your elder sibling to
Catch out since you ain’t 18 yet or you should keep holding it till you clock 18 OR Older right now bitcoin is bubbling..

And do you really think he will give it back once he knew how much the value of that bitcoin you just gave him?
I dont think so.
That is not a wise move.
Better just look for new options.
Binance though is giving a starter pack of 2 bitcoin withdrawals to any coin.  Better look at their android application and it might come in handy.
sr. member
Activity: 2828
Merit: 344
win lambo...
April 06, 2019, 09:21:00 AM
#29
Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.
Yeah, I did it too since I started trading at 17 after my friend introduced it to me. At first it was good until I need to pass KYC in a certain exchange but student identification card is not valid for verifying so I ended up having guidance to my friend whose older than me and knows about cryptocurrency trading.
At your young age with crypto engagement, I may think you have that expertise and could really understand the market behavior. But even with that, still no guarantee to escaped from losing. Diversifying our portfolio especially for bitcoin into stable coin is not a good  idea cause we know already that BItcoin have it and there is no need to switch for another one, better to stay with bitcoin at all.
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
April 06, 2019, 09:07:33 AM
#28
Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.
Yeah, I did it too since I started trading at 17 after my friend introduced it to me. At first it was good until I need to pass KYC in a certain exchange but student identification card is not valid for verifying so I ended up having guidance to my friend whose older than me and knows about cryptocurrency trading.
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