Leahhhh (OP)
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Merit: 14
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August 16, 2018, 07:56:04 PM |
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I asked this question regarding safe/reliable exchanges once before when I came close to selling some of my BTC. Back then Gemini was recommended to me by several people but I see now it is far down the list of top exchanges. Anyone have any experience of using it recently?
As regards Binance I had to google BNB token as I know nothing about that. I just want an exchange where I can sell & then transfer the cash to my bank account.
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frowsiter
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August 16, 2018, 08:08:17 PM |
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I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.
There are many exchangers right now which are best in the market for providing exactly right volume for you to sell your BTC. Its good that you are holding the BTC since 2014 and it is even interesting that you were holding it since 2014 and you did not sell them at ATH of 2017. I liked your attitude but I would say you should hold even further because we will soon see prices of bitcoin going above 20K USD for sure. If anyway you want to sell then I would say only Binance can help you for selling your huge pile of BTC bag.  |
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Leahhhh (OP)
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Activity: 139
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August 16, 2018, 10:24:05 PM |
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Frowsiter....wish I had a huge pile of BTC...it's not that large unfortunately  ...though it is a lot larger than when I bought in 2014  |
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triciaa478
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August 16, 2018, 10:30:33 PM |
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Most reliable exchange I will recommend is poloniex because of the high security of your coins. Funds on such exchange are mostly stored on a cold wallet which in case of a hack, not all your funds will be at risk.
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boy130
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August 16, 2018, 10:45:08 PM |
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Most reliable exchange I will recommend is poloniex because of the high security of your coins. Funds on such exchange are mostly stored on a cold wallet which in case of a hack, not all your funds will be at risk.
I haven't yet used poloniex but I have haven't heard any bad things about it so it may be worth giving it a try? And the fact that it uses cold storage is really good. |
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Leahhhh (OP)
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Activity: 139
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August 16, 2018, 10:49:58 PM |
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My BTC are currently in cold storage. I presume I need to import them into a Blockchain wallet before I can transfer them to an exchange. Is Blockchain the best wallet to use for this purpose?
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spyderbilt
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August 16, 2018, 10:53:40 PM |
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Most reliable exchange I will recommend is poloniex because of the high security of your coins. Funds on such exchange are mostly stored on a cold wallet which in case of a hack, not all your funds will be at risk.
I haven't yet used poloniex but I have haven't heard any bad things about it so it may be worth giving it a try? And the fact that it uses cold storage is really good. poloniex is a good place to store or make transactions on btc. I think this is a thing that needs to be tried so I think there must be the best exchange for btc. don't panic and worry |
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royalcrypt
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September 06, 2018, 04:37:22 AM |
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Coinbase stores 98% of their cryptos on cold storage in case there is an attack they will be fine. also your cryptos are safe as the exchange is FDIC approved. Only down side is that they record everything and eventually you will have to report your earnings to the IRS.
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lushlife
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September 06, 2018, 05:29:47 AM |
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I recently started using Binance Exchange Platform, and so far so good.
also the fees are actually great, and no verification needed for small traders.
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bdfoysalhossain
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September 06, 2018, 09:06:57 PM |
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I think most reliable BTC exchange are-
- Binance
- bittrex
- OKEx
- HitBTC
- Bitmex
In my opinion these exchanger are very good, safe and easy to use.
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Tudors
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September 06, 2018, 09:11:45 PM |
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I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.
Use the Kraken exchange. The support service there and safety are suitable (above average). |
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Irma nurfalah
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September 06, 2018, 09:17:23 PM |
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2014? I'm sure you are now a billionaire. wow, this surprised me a lot when I heard it, I think in Europe there are many exchanges that can be relied on, reliable exchanges, which have cheap fees, try to googling at CMC there are lots of recommended exchanges.
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Aion2n
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September 07, 2018, 09:15:28 PM |
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My friend, if you have hold bitcoins since 2014 and didn't sell it in December 2017 - early 2018, then I'm sad to hear that you want to sell it right now. I understand that you may be very frightened by the situation in the market, but this should not provoke you to sell all your bitcoins.
Calmly think about what is happening in the market. Do you really believe that bitcoin has come to an end? After all, on some wallets there are hundreds of thousands of bitcoins and their owners are not in a hurry to sell their bitcoins now.
If you now need money, then sell some of your bitcoins, and let the rest be with you, you will always have time to sell them.
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rodskee
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★Bitvest.io★ Play Plinko or Invest!
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September 07, 2018, 09:39:41 PM |
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I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.
There a lot of realable excahnge you can find at cmc and try nexybit platform the new trusted exchange But in your case i advice to you just hold and wait the right to cut off your lose Try to learn the follow movement of the market its going ti become better |
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MalcolmBee
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September 07, 2018, 10:17:53 PM |
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Coinbase is outstanding amongst other names in the Bitcoin world setting itself on the best as a one-stop answer for Bitcoins. It is one of the most secure one as well. It's a wallet for putting away, spending, purchasing and tolerating Bitcoins, it goes about as a Bitcoin processor for some vendors and organizations, and is among the top.
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atorle
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September 07, 2018, 10:23:32 PM |
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There are a lot of good and reliable exchanges around, it depends on country of residence, if in US, you best option will be Coinbase,Robinhood as you can withdraw to fiats, other .Binance,coinex.com are other good exchanges
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richminded
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September 07, 2018, 10:36:43 PM |
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You should have sold your bitcoin during the peak last year, quiet too late but this will still depend on you. Sold some of it but make sure you are still holding good amount of bitcoin because you bought it at a cheaper price and the future price of bitcoin will be great. Try to use binance or maybe look for the wallet on your place where you can change bitcoin to fiat money directly.
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ballerin and giroud
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September 07, 2018, 10:45:56 PM |
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I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.
There a lot of realable excahnge you can find at cmc and try nexybit platform the new trusted exchange But in your case i advice to you just hold and wait the right to cut off your loseTry to learn the follow movement of the market its going ti become better Can you see the price bitcoin at 2014? Just $300 and now $6479 base on coinmarketcap, are you still sure the OP suffered a loss? Nexbyt is a new exchange that can't be trusted yet, I more than trust to local exchange or binance and bittrex to sell bitcoin that OP has. |
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Biscutard
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September 07, 2018, 10:55:36 PM |
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I bought my BTC in 2014 & have held through everything since, but now I'm nervous & would like to sell at least enough to cover my original investment. However, I have no idea which exchange to use & would welcome any advice as to which would be considered the safest & most reliable. PS: I am in the UK.
Wait for Bitcoin to experience a price increase, I advise you to exchange safely, among others: - Binance - HitBTC - Bitmex - Coinbase I will agree on his side and also for the list of exchanges. You shouldn't worry that much on trusting a few reliable exchanges, they were all found in here and every traders suggested them except to some newbies. You were so lucky to buy bitcoin at 2014 and being able to hold it up until now.  |
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Nhebu
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September 07, 2018, 11:16:06 PM |
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Until now, I do not try to enter at the top exchanges because I do not have yet enough money to invest in cryptocurrency. What I just doing today is to scalp my coins in cryptopia so that I gain a lot. Playing with my bounty tokens are good but risky and I am thinking that it could be the start of my journey in crypto. As of now, cryptopia is the best exchange for me.
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