Is it possible to buy really large BTC amounts?

[ronaldo2]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

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[Fortify]

Of course it is possible. From personal experience you can buy tens of thousands from single sellers at places like localbitcoin, otherwise you could buy it through big exchanges like coinbase. I think any trades over $10,000 daily have to be registered with tax authorities but most transactions will probably be required to be logged for government agencies somewhere.

[Bitcoinbro]

Of course it is possible. From personal experience you can buy tens of thousands from single sellers at places like localbitcoin, otherwise you could buy it through big exchanges like coinbase. I think any trades over $10,000 daily have to be registered with tax authorities but most transactions will probably be required to be logged for government agencies somewhere.

Indeed buying large amounts of bitcoins can bought the best at localbitcoins dealers due to the fact that they are using low fees and are trusted.

[mkc]

You can join Bitcoin auction, US auctioned off SilkRoad and Aussi is in the process auction off a large amount.
I also heard you can buy from secondmarket.com, but I am not rich and i don't know the details.

[Dudeperfect]

Yes, any amount of bitcoins is possible provided that you have equivalent fiat and the bitcoins of that equivalent is available for sale.

However most of the exchanges have some kind of limits where we can’t purchase or transact more than certain amount per day, so you can use multiple exchanges to deal in one day if you desperately want to acquire coins.

I’m not aware of any tax aspects as bitcoin is not yet recognized in my country, you should research about it before taking any major step.

[Arcteryx]

But OP is asking about buying a million dollars worth in one go.
I think the seller might be checking to see where those funds come from. I doubt they want to be part of a money laundering scheme by the feds or interpol with drug dealing money.

[TheUltraElite]

It is possible from you local markets on a low cost for high volume of bitcoin. But exchanging fiat into btc or "buying btc" may not significantly give you large volume with respect to the amount of money you put in to buy them.

However some exchanges have limitations on btc bought/sold. Taxation aspects of bitcoin is shady in my country and hence be cautious about that too and make proper inquiries.

[Johann Sebastian Bach]

While I’m pretty sure that you can buy that amount of bitcoin but I have no doubt that will bring a lot of attention to yourself from exchanges and federal agencies.

[pooya87]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

why do you want to know? are you planning on buying a million dollar worth of bitcoin

anyways it is possible if you have the money and can find someone willing to sell you that much bitcoin. it definitely is not possible through regular ways like buying it on exchanges.

there are also auctioned bitcoins that government has seized, they are in one batch and you have to buy it all or nothing and it is in great sizes.

but usually when you want to buy this much bitcoin you would do it slowly and with smaller amounts over a period of time preferably in the dips.

[Darwin02]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

Yes it's possible but there normally use auction for that big amount transaction so it will not big affect with the market , if you buy it from exchange there will be big happen and the price will go high and need to follow the rulea first of the exchange.

[bitlancr]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

why do you want to know? are you planning on buying a million dollar worth of bitcoin

anyways it is possible if you have the money and can find someone willing to sell you that much bitcoin. it definitely is not possible through regular ways like buying it on exchanges.

there are also auctioned bitcoins that government has seized, they are in one batch and you have to buy it all or nothing and it is in great sizes.

but usually when you want to buy this much bitcoin you would do it slowly and with smaller amounts over a period of time preferably in the dips.

Yes this x100. Ofcourse it is possible to invest as much as you want in bitcoin if you find sellers. But a million at once is not smart. So I agree they would do it in small stacks and most likely in the dips which means getting even more $ out of your $!

[maydna]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

i think yes its possible if you have big funds in your wallet. but for save play, i think we can buy in a few amount first, and not directly in big amount of BTC that can makes our bank suspicious with our transaction and they will check it for security purpose.

make several transaction to buy bitcoin to avoid if bad situation is happen and don't forget to buy in less than $1000 or maybe in $500 so bank will not suspicious with this transaction.

[HeroCat]

I do not think, that it is possible. Some larger BTC volumes you can buy from BTC mining pools or BTC mining farms, but even then BTC amount is limited to BTC mining capacity and the sales price too. I never heard that someone buy/sale million in BTC somewhere.

[Altynbekova]

I do not think, that it is possible. Some larger BTC volumes you can buy from BTC mining pools or BTC mining farms, but even then BTC amount is limited to BTC mining capacity and the sales price too. I never heard that someone buy/sale million in BTC somewhere.

I think it's possible but just in seperate smaller batches though, to just dump a million at one place I don't think that would be possible. And if it would be it would have to go to hell of a verification for that amount of money too.

[rphk]

it is possible to buy bitcoin in large amount  as mentioned above coinbase  and also you can use localbitcoin to buy at larger amount , but thing is there tax liability when you are buying in larger quantity , best is to buy at smaller batches which will be helpful to have proper transaction.

[davis196]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

It is possible if you find a seller that`s willing to sell large amounts.

This is the hard part.

I don`t buy bitcoins right now.

[dunfida]

I do not think, that it is possible. Some larger BTC volumes you can buy from BTC mining pools or BTC mining farms, but even then BTC amount is limited to BTC mining capacity and the sales price too. I never heard that someone buy/sale million in BTC somewhere.

Thats what  im thinking too that he could possibly bought  huge volume of bitcoin to those  mining pools and farms because  exchangers would definitely supply  huge amount i guess and also they have a limit. Even those miners and pools would not able to produce such   bulk volumes.

[Menerever]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

Yes you can as long as you can afford it.

Big whales are making such large amount of coins when they are buying.

In my trading experience, my highest amount I bought is around $100 back when the bitcoin price is on the range of $450 months ago.

[jhenfelipe]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

why do you want to know? are you planning on buying a million dollar worth of bitcoin

anyways it is possible if you have the money and can find someone willing to sell you that much bitcoin. it definitely is not possible through regular ways like buying it on exchanges.

there are also auctioned bitcoins that government has seized, they are in one batch and you have to buy it all or nothing and it is in great sizes.

but usually when you want to buy this much bitcoin you would do it slowly and with smaller amounts over a period of time preferably in the dips.

Same question as pooya87, are you planning to buy that much? Well, honestly, even if it is possible I don't think that it's a good idea to buy all at once just like others have mentioned. And there's a higher possibility that you'll be having a hard time looking for a trusted seller that can sell that amount, maybe you can buy it directly from a miner.

[romero121]

So as in title, Is it possible to buy really large BTC amounts? like a million $? What was the largest amount of BTC you bought at once?

It is really possible. I haven't bought large number of bitcoin. I try the best to earn rather than buying. Its truly possible to buy large amount as you can find traders who provide very big transactions which needs to be made in personal rather than banking or other means of transaction.