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Author Topic: 1milion € from Btc?  (Read 4158 times)
Cryptotraider16 (OP)
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December 20, 2015, 02:07:27 PM
 #1

Guys, where is best place to get 1 milion € out from BTC?
I need money inside europe!
Is kraken better then bitstamp? Or any other better?

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December 20, 2015, 02:11:43 PM
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If you had a million euros worth of bitcoin in sure you would already know the answer to that question so I call bullshit.
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December 20, 2015, 03:20:37 PM
 #3

kraken has some limit, 25k daily aand 200k monthly, even with verification, bitstamp should have higher verification, but they are much slower and higher fee for withdraw
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December 20, 2015, 03:47:23 PM
 #4

Make an account at kraken and if you apply for a business account I am sure you can push your limit even higher.
But 1 exchange won't be enough. For this amount of money deal with reputable exhanges only; kraken, bitstamp and bitfinex f.e.
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December 20, 2015, 04:14:23 PM
 #5

Bitstamp and Bitfinex have higher limits for professional traders. Your account needs to be validated offcourse but if you send your ID etc. you are sure to have a million euro back in fiat within a week.
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December 20, 2015, 07:03:26 PM
 #6

If you have such a big amount of money to turn into fiat you better use 3-4 exchanges. Else you won't be able to convert in a reasonable time period.
Make an account on the bigger exchanges mentioned here and verify your account. The use the daily cap to convert your coins into fiat.
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December 20, 2015, 08:23:17 PM
 #7

With kraken Tier 4 you have a monthly withdrawal limit to fiat of 500k
Withdraw (fiat)      $500,000.00

Daily this is:
Withdraw (fiat)      $100,000.00


Tier 4
Individual High Value Account or
Corporate Account

I got a corporate account the procedure is quite simple. Just sign up and apply for tier 4 by providing several documents.

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December 20, 2015, 09:19:41 PM
 #8

The best place is still selling on localbitcoins.com in my opinion. You can avoid paying tax if you sell there.
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December 20, 2015, 09:23:15 PM
 #9

The best place is still selling on localbitcoins.com in my opinion. You can avoid paying tax if you sell there.

The rates are really bad and what you can avoid in tax you pay in btc price!

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December 20, 2015, 09:38:15 PM
 #10

Is this some joke? He have one million $ in BTC and he doesn't know hot to cash out? Hmmm i doubt in this, or u just showing yourself to others how rich u are (this is even more unbelievable).
Anyway there is ways for sure, a little bit here and there.. but im interested can this amount move market? And how?

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December 20, 2015, 11:21:53 PM
 #11

If I had the answer perhaps I would not be spending my time here, and perhaps this is the same condition of most forum members. At least as a millionaire I would not participate in signature campaigns!  Cheesy
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December 20, 2015, 11:22:41 PM
 #12

Guys, where is best place to get 1 milion € out from BTC?
I need money inside europe!
Is kraken better then bitstamp? Or any other better?

Kraken is probably the best exchange within Europe.

Decoded
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December 21, 2015, 04:10:07 AM
 #13

Simply invest in altcoins. Although they are mostly a gamble right now, they are extremely profitable if you look at them, and study and predict well. I personally am too lazy and unlucky to work with altcoins, I just work with bitcoin trading.

looking for a signature campaign, dm me for that
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December 21, 2015, 08:14:53 AM
 #14

Guys, where is best place to get 1 milion € out from BTC?
I need money inside europe!
Is kraken better then bitstamp? Or any other better?

You cannot have in any place 1 million euro from your bitcoin (if you have those). Any exchange cannot offer such amount with the same price. You can change those gradually and various exchanges without creating a big dump of price and don't having in such way even your million.

All those will make you feel sad after wake up from your bed when you have wondered such dream. Because in the wonder you felt yourself as a king with all that wealth in your money. While after the sleep you find yourself with only with possibility to open this thread with you fantastic post.

Anyhow wait because someone will give for sure your wanted answer.  Wink
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December 21, 2015, 08:38:47 AM
 #15

Simply invest in altcoins. Although they are mostly a gamble right now, they are extremely profitable if you look at them, and study and predict well. I personally am too lazy and unlucky to work with altcoins, I just work with bitcoin trading.

very risk, i would invest only in the well known altcoin, like dash, monero, litecoin, and doge, and maybe ethereum, the other it's like a dice game
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December 21, 2015, 11:45:09 AM
 #16

Simply invest in altcoins. Although they are mostly a gamble right now, they are extremely profitable if you look at them, and study and predict well. I personally am too lazy and unlucky to work with altcoins, I just work with bitcoin trading.

Are you nuts? There are very few alts with enough of a market cap to be able to put more than a few thousand into without driving them mad. That's just as bad as gambling.
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December 21, 2015, 11:56:57 AM
 #17

If you had a million euros worth of bitcoin in sure you would already know the answer to that question so I call bullshit.

In this thread. You're only guy posted correct answer for his question.

If he know how to accumulate so much of bitcoins than he should be knowing how to liquidate those coins as well. But still asking this kind question means, it is surely a bullshit topic.
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December 21, 2015, 01:12:42 PM
 #18

Guys, where is best place to get 1 milion € out from BTC?
I need money inside europe!
Is kraken better then bitstamp? Or any other better?
Where are you located? There are some pretty good local exchanges in EU and it could be beneficial if you use them, as they don't always require full validation (if that is your concern).
If you seek anonymity BTC-e is good choice I think. Or you can use some large exchanges like kraken.
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December 21, 2015, 01:48:14 PM
 #19

This is a very big transaction. I think that its better to use more than one exchange, and you will need to verify your id, you can't take out these amount of money anonymous.
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December 21, 2015, 02:29:13 PM
 #20

The best thing you can do is, you can make different accounts on different trustworthy people's names, give them some commission for using it and get your EUROs transacted either way through exchanges online or Localbitcoins could help too...

Just curious, would like to know why are you redeeming your fiat from BTC at this point when you know halving's going to take place and we might see some huge jumps ahead???

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