Thank you all for your responses!
It looks like a larger trade is doable. I'm going to start looking for property to buy in the expectation of higher prices. This spring I will likely be pulling the trigger and contacting some of you to see if you are still interested. If I am extraordinarily luck the seller will take bitcoin directly for the land purchase.
Topic: Who can do large exchanges $100k to $1M? (Read 418 times)
Sent a PM. Posting here for future reference.
Exchanges are fine for a $10K or less, but what if I need $1 million? Is anyone doing these figures now?
I doubt you're in Europe, but here I'd try BL3P.eu (created by Bitonic). It allows me to withdraw 100k euro per day (which, unfortunately, I haven't been close to).Bitonic shows this on their website:
Quote
Are you planning on investing a larger amount (over 50,000 euros) in bitcoins? Not a problem! We would be happy to discuss your options with you. We already have experience with dozens of large-scale transactions.
If you can handle euros, you can drop them a message.
I could probably help you out, depending on the specific terms you are offering.
I would point out that most major exchanges are equipped to handle a $1 million sale/trade. For example, on Gemini, you can sell 61 BTC at a low price of $16,407, verses a high bid of $16,585, which would net you over a million dollars. Gemini has a $100,000/day ACH limit, however they can wire more money to you for free. That is just over a 1% slippage and Gemini is one of the smaller exchanges (and 1% is probably lower than you would get around here, especially if the buyer would have to wait xx time to get their bitcoin).
I would point out that most major exchanges are equipped to handle a $1 million sale/trade. For example, on Gemini, you can sell 61 BTC at a low price of $16,407, verses a high bid of $16,585, which would net you over a million dollars. Gemini has a $100,000/day ACH limit, however they can wire more money to you for free. That is just over a 1% slippage and Gemini is one of the smaller exchanges (and 1% is probably lower than you would get around here, especially if the buyer would have to wait xx time to get their bitcoin).
Hey,
Where are you from? You need cash or wire transfer? EUR or USD? what commission you ready to pay?
More we can discuss via pm.
Where are you from? You need cash or wire transfer? EUR or USD? what commission you ready to pay?
More we can discuss via pm.
As the price goes up and a large percentage of our holdings are in bitcoin many will be thinking about diversifying by buying property or other large ticket items. That may require a third party willing to handle the crypto. Exchanges are fine for a $10K or less, but what if I need $1 million? Is anyone doing these figures now?
It is a service I would be interested in if I can't convince a seller to take bitcoin. Please respond here of PM me if you would like to keep this quiet. I certainly can keep a secret and can understand why you don't want to advertise your ability to buy at that level.
The problem is really about timing even doing $10K a week it would take almost 2 years to buy enough fiat for a $1M property sale. That's just too long.
P.S. Scammers can disregard this offer. It will involve lawyers, contracts, etc. I have been doing this a long time and know all the tricks. It won't be some chatroom Tx. I will likely fly to you for a meeting.
It is a service I would be interested in if I can't convince a seller to take bitcoin. Please respond here of PM me if you would like to keep this quiet. I certainly can keep a secret and can understand why you don't want to advertise your ability to buy at that level.
The problem is really about timing even doing $10K a week it would take almost 2 years to buy enough fiat for a $1M property sale. That's just too long.
P.S. Scammers can disregard this offer. It will involve lawyers, contracts, etc. I have been doing this a long time and know all the tricks. It won't be some chatroom Tx. I will likely fly to you for a meeting.
Jump to: