Quote from: munkeyman2ca on December 13, 2018, 10:05:39 PM

Quote from: usrAnonimo on May 04, 2017, 04:26:52 PM

I DON'T want to trade, I just want to sell my BTC for USD(convert my BTC to money) on Bitfinex.
Is there a way to do this? If so, how can I do that?

How do I do this? There was lots of talk in this thread about why he shouldn't do it, etc. But does anybody have an answer of how I can move my BTC funds into USD funds?

Bitfinex currently (yet again) has banking problems or is running a fractional reserve exchange, either way, they have problems processing USD withdrawals and have significantly upped the withdrawal fees to discourage traders to cash out USD. I would highly recommend anyone to stay away from that exchange and figure out what the best alternatives are, because Bitfinex isn't it.

Look into exchanges as Coinbase, Kraken, Bitstamp, Gemini for fiat exit points. They all obviously require you to verify yourself. If you don't want to deal with that shit, and are just looking for a way to hedge the market, you can always park your funds temporarily in a stablecoin, but that obviously comes with a high level of counterparty risk.