How do big investors cash out?

[sjeezman]

I ask myself this. At kraken you have tier 3 where u can cash out 50k a week.
If you have like a million you want to cash out, it will take you 5 months. Meanwhile the market and value can crash already again.

[mpufatzis]

Tier 4 allows $500k withdrawals per month. If you have two accounts you can withdraw a million in one month.

[Snarks]

I wonder if there are special hidden trading accounts for billionaire traders, if those exist. They must have a crazy big impact on the market if they decide to wield that power. Even millionaires could make waves in smaller markets.

[darkr]

I ask myself this. At kraken you have tier 3 where u can cash out 50k a week.
If you have like a million you want to cash out, it will take you 5 months. Meanwhile the market and value can crash already again.

Some of my friends every month cash out something about 10-15 thousands dollars every one. I heard that one of platforms they use it is Cex.io. I have no information about if it is possible to cash out sums of money that are bigger.

[ParallelSquid]

I wonder if there are special hidden trading accounts for billionaire traders, if those exist. They must have a crazy big impact on the market if they decide to wield that power. Even millionaires could make waves in smaller markets.

I believe some of the millionaires are doing this actions. There are some speculation that whales are the ones who have been manipulating how the price would. Don't know if there's a secret or "hidden trading platform" for them.

[blue_id69]

Whale notcashout all of their balance allin one. they just take daily little by little just enogh to pay thyeir bill. the rest left in exchange to manipulate market price and gain more profit.

[leea-1334]

The largest exchanges can do a lot of transactions and withdrawals for fully verified accounts. I can also see that a lot of traders are now taking to decentralized p2p platforms to do business, like bisq where there is no potential limit. But when you have 5 accounts at 5 different exchanges with 250k limits a month, that's already millions a month. So no worry, there is always a way. And if that way closes, 2 new ways open up. So much for trying to crush crypto, right?

[Acguy]

On some exchanges whales can cash out OTC mean they can sell at a certain price with out effecting the market.

[walterw]

Some exchanges have special conditions for special customers. This means that if you make a certain amount, then you can sign up for these special conditions.
These terms include other fees and payout limits. Nobody would pay 1% for $ 1 million. If you count, you come to a value of $ 10,000 for 1%. That would be too much.
That's why there are special conditions.

[phelbaby]

This depend on the platform you are cashing out your fiat currency from,for the exchange i use you can cash out more than $10,000 to $15,000 a month.

[Welckomtome]

I ask myself this. At kraken you have tier 3 where u can cash out 50k a week.
If you have like a million you want to cash out, it will take you 5 months. Meanwhile the market and value can crash already again.

This is bad when the limit on the output is indicated by the USD because the currency is becoming more expensive and the withdrawal limits very restrict the use of funds, so it may be worth changing the exchange for work?

[andohyeb]

There are lot of reliable exchanges like cex.io that allows verified accounts to withdraw up to 100,000 usd and even cryptocapital base in panama can allows you to withdraw million to your bank account if you have the necessary papers to verified it.

[GFE]

I ask myself this. At kraken you have tier 3 where u can cash out 50k a week.
If you have like a million you want to cash out, it will take you 5 months. Meanwhile the market and value can crash already again.

I think that people who have 1000k+ $ in criptocurrency do not hold it at criptocurrency exchange. For this purpose cold wallets are used

[Lingqingyi]

I don't have to any worry about that in my country. Because there are a lot of people who use fiat privately to exchange bitcoins and other altcoins. All i need to do is to sell these cryptocurrencies  to them.

[ParallelSquid]

I wonder if there's a walk-in exchange site around the world just like bitstamp in South Korea that can also swap your CRYPTO's to any amount you'd like. I heard there is also one in Indonesia not sure sure though where.

[VitKoyn]

I ask myself this. At kraken you have tier 3 where u can cash out 50k a week.
If you have like a million you want to cash out, it will take you 5 months. Meanwhile the market and value can crash already again.

Well big investors don't use exchanges that normal traders usually use because there are limits on what you can withdraw in a day to avoid money laundering, I mean they still use it but not for huge trades. What big investors usually use is cryptocurrency over the counter (OTC) trading and dark pools, there you will be able to buy and sell massive amount of cryptocurrency without any other people knowing because it is a peer to peer trade which means there is no record and every trade is private, and of course there are no limits on what you can sell and buy.

[Dilireba]

This depend on the exchange you are cashing out your fiat currency from,for the exchange i use you can cash out more than 2BTC a day. It's simple