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Author Topic: Fastest way to sell bulk bitcoins  (Read 2338 times)
wolfsoprano (OP)
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March 29, 2016, 01:45:07 AM
 #1

Hello,

I am inquiring as to what is the fastest way to offload my multiple bitcoins -

I have enough to sell in lots of 10

(mods if this is not the section for this then please move or let me know thankyou)
bitbaby
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March 29, 2016, 03:03:18 AM
 #2

Find traders on Localbitcoins, choose your preferred payment method and start selling, since there are lots of buyers on LBC, it'll be easier for you to sell them their swiftly as compared to the exchanges because there is a verification process, which might take some time and then there are limits as to how much you're allowed to sell in a day.

You can sell it here on the forum too but you'll mostly find buyers with paypal and similar methods which can be charged back so that's not recommended.

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March 29, 2016, 03:49:55 AM
 #3

currency you accept? max fees you bear? find an exchange is always reliable

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March 29, 2016, 06:02:01 AM
 #4

locally is the fastes way, exchange usually ask for plenty of stuff if you need to sell big amount, so not so fast you can try other service like this https://cointocard.co/
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March 29, 2016, 08:42:04 AM
 #5

local bitcoin make a account and sell a few for cheaper than the going
rate so you can build up reputation.

then start selling them in 1-2 btc at a time.

you got to build up. Its gonna be tough to trust or be trusted
to meet with someone and make a 5k ish transaction.

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March 29, 2016, 10:13:08 AM
 #6

local bitcoin make a account and sell a few for cheaper than the going
rate so you can build up reputation.

then start selling them in 1-2 btc at a time.

you got to build up. Its gonna be tough to trust or be trusted
to meet with someone and make a 5k ish transaction.

That's a good option to sell through localbitcoins.com, Even there are traders who are accepting bulk volume of bitcoins.

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March 29, 2016, 10:21:07 AM
 #7

Kraken.com, Bitstamp.net, bitfinex.com, use these 3 exchanges, you should have enough monthly limits between these 3 to exchange your bitcoins quickly.

Don't use localbitcoins, you risk fraud, plus not quick.

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March 29, 2016, 12:40:54 PM
 #8

i will always suggest using an exchanger for selling bitcoin, the price is always good (meaning the current price not above/below market for buy/sell) and also you can trust an exchanger more than you can trust another person on the internet with no address. but you might be limited to verification process which takes time.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
jrpatking
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March 29, 2016, 01:26:15 PM
 #9

Use localbitcoins.

You can also sell to big exchanges. But they do need your KYC information for bulk selling and buying.

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March 29, 2016, 04:45:31 PM
 #10

Hello,

I am inquiring as to what is the fastest way to offload my multiple bitcoins -

I have enough to sell in lots of 10

(mods if this is not the section for this then please move or let me know thankyou)

i think pretty good way is to find a buyer that wants lots of bitcoins and sell to him, there should be bitcoin buyers that wants to buy them in bulk, and of course you can try to sell them in bitcoin exchange sites, though i'm not sure if it's not risky
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March 30, 2016, 04:17:24 PM
 #11

Hello,

I am inquiring as to what is the fastest way to offload my multiple bitcoins -

I have enough to sell in lots of 10

(mods if this is not the section for this then please move or let me know thankyou)
why dont you sell it on exchange?i think you ahev good reason for this.
and i just suggest you to sell your bitcoin to investor on this forum,some people want to buy bitcoin person to person with escrow.
noel57
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March 30, 2016, 05:51:01 PM
 #12

The easiest and risk free method is to have accounts with 5 trading exchanges that exchanges to USD and divide your portfolio, the smaller the amount the faster it gets bought.

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March 30, 2016, 09:53:06 PM
 #13

The easiest and risk free method is to have accounts with 5 trading exchanges that exchanges to USD and divide your portfolio, the smaller the amount the faster it gets bought.
Why do we need 5 exchanges, while we can split the order into 5 smaller ones in the same exchange, right?
Or is to avoid any tax implications?
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March 30, 2016, 10:13:12 PM
 #14

The fastest way it to order a bitcoin debit card, and lift the limit to use the most of it and withdraw the bitcoins in the nearest ATM, otherwise finding someone locally would be better.
noel57
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March 31, 2016, 10:03:16 AM
 #15

The easiest and risk free method is to have accounts with 5 trading exchanges that exchanges to USD and divide your portfolio, the smaller the amount the faster it gets bought.
Why do we need 5 exchanges, while we can split the order into 5 smaller ones in the same exchange, right?
Or is to avoid any tax implications?
Five exchanges are necessary because the OP said the fastest way to sell bulk btc, but opening 5 orders with one exchanger is not a bad idea also.

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March 31, 2016, 12:41:56 PM
 #16

20 per deal ain't a lot. If you have a real big chunk find an otc deal or a dark pool deal via an exchange. I know itbit and kraken do them.
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April 05, 2016, 03:36:56 PM
 #17

Hello,

I am inquiring as to what is the fastest way to offload my multiple bitcoins -

I have enough to sell in lots of 10

(mods if this is not the section for this then please move or let me know thankyou)

find a good exchange sites that lets you do that, fees should be smaller too because you sell lots of at same time

or another good thing you can do, is to sell someone in real life, or find a buyer here on forum,  i am sure that there are people that wants to buy lots of bitcoins at same time

 
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April 05, 2016, 06:21:29 PM
 #18

If youre hitting up localbitcoins, just be aware law enforcements are now watching volume of trades being done.

Just dont do the obvious $10k per 1 transaction and create a small form.

I`ll post the florida incident here, if I can find it again. But you can probably google it.
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April 06, 2016, 07:03:43 PM
 #19

I think bitcoin debit cards which can deliver card in postal address can be your solution. this cards usaully have 3000$ atleast maximum limit to withdraw you can use them without answering any question. ( i mean without KYC and verification).

 
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April 08, 2016, 10:55:33 AM
 #20

Hello,

I am inquiring as to what is the fastest way to offload my multiple bitcoins -

I have enough to sell in lots of 10

(mods if this is not the section for this then please move or let me know thankyou)

Hi Wolfsoprano,

What currency do you want to sell your bitcoins for ?
We might be able to arrange a OTC trade for you.

Please email us on info@bitmarket.net for more info


BitMarket.net- Europe's most advanced cryptocurrency exchange
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