Quote from: gentlemand on June 25, 2019, 09:08:00 AM

Quote from: LFC_Bitcoin on June 25, 2019, 08:30:59 AM

Ive never sold moderate to large amounts of coin before (fiat wise) so Im a bit nervous about that in the future.
I dont want to get caught with my pants down so I admit that last week I verified my UK bank & ID with Coinbase in preparation.

If there was a De-Merit action I presume youd all be giving it to me right now Cheesy

I think you'd have to be a legitimate crazyhead to use Coinbase for sums above the holiday/car level.

Imagine how seized up and overloaded they'll be. Imagine how many get caught up in their obscure trigger mechanisms that even they don't understand.

The last thing you need is to wind up some forgotten ticket number. You should sound out proper OTC operations.

BTW, what are your cashing out plans? Which exchanges are you planning to use or just go OTC way? I guess I'll just split the amount I'm planning to cash out into 4-5 chunks and withdraw from several well-known exchanges simultaneously. I'm pretty sure some transactions will freeze due to some verification or bank issues so I'm trying to avoid putting all eggs into one basket. What are max amounts safe to withdraw via a single exchange/bank? I'm not selling a single satoshi until 100k but need to get ready (upload verification documents etc). Cool