Hi guys,
What's the best way to sell 100+ bitcoins, in a period of, say 1 month?
It seems like most of exchanges doesn't allow withdraw for people the the State anymore.
Localbitcoin seems to too slow, online transaction with strangers are too risky..
Selling on an exchange and withdraw to offshore account seem to be a good option, but still tricky to get the money back to the State.
Any thoughts?
Just hypothetical, I don't have 100+ btc
What's the best way to sell 100+ bitcoins, in a period of, say 1 month?
It seems like most of exchanges doesn't allow withdraw for people the the State anymore.
Localbitcoin seems to too slow, online transaction with strangers are too risky..
Selling on an exchange and withdraw to offshore account seem to be a good option, but still tricky to get the money back to the State.
Any thoughts?
Just hypothetical, I don't have 100+ btc
Dude you are either going to get convenience or security. Never both in the same trade.
For such a large trade i definitely wouldn't suggest using any sort of exchange. Especially ones with strict AML, they could literally seize your funds without any reasoning. I'd actually say that P2P trading on localbitcoins would be much safer, quicker and easier than selling off your coin on an exchange. Just make sure that the person you are trading with is an established trader, and use escrow.
BTW, this belongs to Trading Discussion, not economics. Please move it.