Bitcoin Forum
June 07, 2024, 10:34:31 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they believe that the creator of this topic displays some red flags which make them high-risk. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: ShapeShift Alternatives - For big time trader  (Read 838 times)
coinstatic (OP)
Hero Member
*****
Offline Offline

Activity: 545
Merit: 500



View Profile
December 26, 2015, 09:36:32 AM
 #1

Hi so I checked out ShapeShift and it seems their limit is very small compared to what I am looking for


I'll be trading big stack of bitcoins a week, 1000 BTC but the problem is I only have that amount of Bitcoins in another crypto currency, Litecoin.

So the question is, other than ShapeShift can I exchange Litecoin for 1000 bitcoins a week elsewhere since ShapeShifts deposits are too low. Hell they only allow you to receive a maximum of around 4 bitcoins in exchange for Litecoin which is useless for a trader like me

Help would be appreciated cheers
Patatas
Legendary
*
Offline Offline

Activity: 1750
Merit: 1115

Providing AI/ChatGpt Services - PM!


View Profile
December 26, 2015, 09:41:07 AM
 #2

Why not just buy or convert your litcoins into bitcoins of course by selling them and then sell the bitcoins on Localbitcoins or coinbase?If you only want to share/trade your litcoins then I suggest you to check this article https://99bitcoins.com/sell-litecoins-with-paypal-for-cash-to-usd-or-eur/ but i think they limit to paypal only.Another one https://anycoindirect.eu/en/sell/litecoins you can sell it here for paypal of SEPA .
coinstatic (OP)
Hero Member
*****
Offline Offline

Activity: 545
Merit: 500



View Profile
December 26, 2015, 10:03:42 AM
 #3

Why not just buy or convert your litcoins into bitcoins of course by selling them and then sell the bitcoins on Localbitcoins or coinbase?If you only want to share/trade your litcoins then I suggest you to check this article https://99bitcoins.com/sell-litecoins-with-paypal-for-cash-to-usd-or-eur/ but i think they limit to paypal only.Another one https://anycoindirect.eu/en/sell/litecoins you can sell it here for paypal of SEPA .

My plan is to trade with a person face to face on Localbitcoins which I think is the most safest way. And anything to do with paypal or selling kind of puts me off, I have heard of reverse chargebacks where a person runs away with your coins and you do not receive anything.

But I checked your 2nd link and I have bookmarked that, are they trustworthy?

If only ShapeShift could consider the big traders and increase their limit by far to like receiving 1000 bitcoins+ would be great. On LocalBitcoins I have found many bitcoin buyers in my local area willing to spend £150,000+ which is a goldmine for me. But the problem is, I need to swap the LiteCoins before I could even think of contacting the buyers there
maokoto
Hero Member
*****
Offline Offline

Activity: 770
Merit: 500


✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪


View Profile WWW
December 26, 2015, 03:05:18 PM
 #4

Perhaps the solution is diversifying. Some to shapeshift, some to poloniex, some to bit-x, etc. It is more work, but it is also more secure (if one of the parts swallows your LTC it is only part of them, not all).


Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!