Bitcoin Forum

Economy => Trading Discussion => Topic started by: bmorg002 on April 29, 2018, 05:39:41 AM



Title: Best exchange for organizations to convert to USD? (Non profit donations)
Post by: bmorg002 on April 29, 2018, 05:39:41 AM
Hi all,

My not for profit organization would like to start accepting bitcoin (and other cryptocurrency) for donations. We do science education in a tech hub... of course we should be taking crypto!

We're trying to figure out what exchange would be best to set up. We need to set up an institutional account, but we aren't having any luck getting through to GDAX to get our account validated as an org.

We're planning to use Coinbase Commerce to collect the donations (since we feel donors will feel comfortable interacting w/ coinbase and it was easy to set up and put on the website), but we need to be able to quickly convert the BTC/BCH/ETH/LTC to USD.

Any suggestions for the:
1) Best solution
2) Quickest account set up for an organizational trading account. Kraken support told me they could do it in a week-- does anyone have experience with them or others?

Many thanks in advance!