Re: [ANN] Viacoin (VIA) - Safe | Segwit | Lightning Network | Auxpow | Fast
The hardest part of all this I've found is still the link between digital currency Exchanges and the legacy banking system, three banks have arbitrarily closed down my accounts in the last year, one that I'd been banking with for over forty years, though I never did any virtual currency stuff through some of them so I don't know for sure why that was, but I finally found a way to safely move funds to fiat that was also acceptable to the system in place currently, at least so far, touch wood.
edit to add: shout out to Niel at Mysteries, Covent Garden, London, UK
Good job on your holdings! I only have peanuts, but, I'm still concerned about moving funds to fiat. Can you elaborate on moving funds to fiat? I'm considering Coinbase to Bank Account.
That should be perfectly fine for those sort of amounts, even up to mid size np.
IOTA added
http://i.imgur.com/gJ9aPja.jpg
Hey, could you explain how to take large amounts out of crypto? Most exchanges have limits of 50k per day and that seems very hard to take 5M out, yet alone 100M.
Im sure he uses his own wallet and not bought all at one time at a market buy. Never...ever....keep your coins you plan on holding in an exchange unless you want to be another statistuc one day. Its a sure fire way to lose all you have in crypto.
No I mean, to take it out of crypto you take it out of your cold storage into an exchaneg adn then exchange into USD. But how do you do such a large amount.
You raise your limits... think outside of the square box.
Exchanges will give you a much larger withdrawal limit if you ask.