Re: Liquidate 100+ BTC to USD in the States - Cheapest Way?
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
well, if it's too much of a hassle, you can always share your blessings. Lol
But seriously though, do not trade on exchanges man. Many people havd told their horror stories using those famous exchanges out there. They literally lost great amounts of bitcoins. So i suggest you go and trade with real people instead. And use an escrow. Because it is so much easier and more secure compared to exchanges.