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Author Topic: Best exchange for organizations to convert to USD? (Non profit donations)  (Read 19 times)
bmorg002
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April 29, 2018, 05:21:32 AM
Last edit: April 29, 2018, 05:38:56 AM by bmorg002
 #1

**sorry, I posted this on the wrong forum. I tried to delete, but it wouldn't let me. I'll repost in better place, my apologies!  Sad

Hi all,

My not for profit organization would like to start accepting cryptocurrency for donations. We do science education in a tech hub... of course we should be taking crypto!

We're trying to figure out what exchange would be best to set up. We need to set up an institutional account, but we aren't having any luck getting through to GDAX to get our account validated as an org.

We're planning to use Coinbase Commerce to collect the donations (since we feel donors will feel comfortable interacting w/ coinbase and it was easy to set up and put on the website), but we need to be able to quickly convert the BTC/BCH/ETH/LTC to USD.

Any suggestions for the:
1) Best solution
2) Quickest account set up for an organizational trading account. Kraken support told me they could do it in a week-- does anyone have experience with them or others?

Many thanks in advance!

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redpillorblue
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April 29, 2018, 06:48:34 AM
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What about Binance to accept and convert your crypto donations to BTC and then you trade that over in LocalBitcoin.com? I know this is a 2 step process, and idea would be to convert in one step process... but would work until you find an another solution.
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