Transfer BTC in stable coins

[ranman09]

where do you transfer your balance?
try to use a cold wallet in Android,
and look for a wallet that has an exchange system in it,
like Huobi or coinomi,
so you don't have to bother doing kyc.

I thought of this also, why would he like to transfer on an exchange? He can use a wallet instead. Then he will not need to worry about KYC.

[Sanitough]

Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.

[Tungsten-1]

Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.

Right no one is bound to use it at anytime we are always welcome at market we can buy whenever we get the money we can invest if we are sure about the potential of our coin, our elders are always there to give us suggestion if they are experienced and they know it will give be beneficial for us, but I think it is not possible for bitcoin to become stable.

[monalia]

Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.

Right no one is bound to use it at anytime we are always welcome at market we can buy whenever we get the money we can invest if we are sure about the potential of our coin, our elders are always there to give us suggestion if they are experienced and they know it will give be beneficial for us, but I think it is not possible for bitcoin to become stable.

If you are a right trader you can exchange our Bitcoin to USD in some point because market was not stable so anytime it will fluctuate in crypto market so better we will protect our investment so majority of traders are move to Bitcoin to stablecoin. I hope will never down in next year so that time all are buy and hold for continuously.

[Osarman]

I don't really understand what you mean by you are not 18 and will not be able to convert your Bitcoin to stable coin, I don't think it's only on exchanges you can make conversions, you can also make use of platforms like shapeshift or even the blocktrade to swap between coins in minutes, please go make use of any of this platform I have mentioned, you don't even need to have an account with them to carry out a swap which is so cool.

[bitbunnny]

where do you transfer your balance?
try to use a cold wallet in Android,
and look for a wallet that has an exchange system in it,
like Huobi or coinomi,
so you don't have to bother doing kyc.

I thought of this also, why would he like to transfer on an exchange? He can use a wallet instead. Then he will not need to worry about KYC.

Yeah,  I don't understand the point. Exchanges are not meant to be wallets and they are not secure because of possible hackers attack. So I don't understand why he would transfer coins on exchange. Unless he wants to trade but then again it's strong advice only to have the amount you want to trade.

[maydna]

where do you transfer your balance?
try to use a cold wallet in Android,
and look for a wallet that has an exchange system in it,
like Huobi or coinomi,
so you don't have to bother doing kyc.

I thought of this also, why would he like to transfer on an exchange? He can use a wallet instead. Then he will not need to worry about KYC.

Yeah,  I don't understand the point. Exchanges are not meant to be wallets and they are not secure because of possible hackers attack. So I don't understand why he would transfer coins on exchange. Unless he wants to trade but then again it's strong advice only to have the amount you want to trade.

I think he is confused to explain what he's mean. I think he wants to use stable coins, and we know that there is usdt, tusd, Paxos, Gemini and else. He also mentions about verify which we guess that he cannot verify himself as he is 18 years. So in these situations, he can use the cold wallet for his android phone, or he can use hardware wallet like Ledger Nano or Trezor.

And the first thing that he needs to do is register on Binance, buy the stable coins (he can choose the coin), and then transfer it into the other wallet. But he can also use the stable coin to trade in Binance as in that site, and he doesn't have to verify himself.

He really needs to tell us more details about what he wants so we can suggest to him. Otherwise, we cannot give the proper answer.

[Wexnident]

Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.

Yeah, I did it too since I started trading at 17 after my friend introduced it to me. At first it was good until I need to pass KYC in a certain exchange but student identification card is not valid for verifying so I ended up having guidance to my friend whose older than me and knows about cryptocurrency trading.

[Kelvinid]

Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.

Yeah, I did it too since I started trading at 17 after my friend introduced it to me. At first it was good until I need to pass KYC in a certain exchange but student identification card is not valid for verifying so I ended up having guidance to my friend whose older than me and knows about cryptocurrency trading.

At your young age with crypto engagement, I may think you have that expertise and could really understand the market behavior. But even with that, still no guarantee to escaped from losing. Diversifying our portfolio especially for bitcoin into stable coin is not a good  idea cause we know already that BItcoin have it and there is no need to switch for another one, better to stay with bitcoin at all.

[Reid]

Easy give the bitcoin to your elder sibling to
Catch out since you ain’t 18 yet or you should keep holding it till you clock 18 OR Older right now bitcoin is bubbling..

And do you really think he will give it back once he knew how much the value of that bitcoin you just gave him?
I dont think so.
That is not a wise move.
Better just look for new options.
Binance though is giving a starter pack of 2 bitcoin withdrawals to any coin.  Better look at their android application and it might come in handy.

[ongkok87]

Easy give the bitcoin to your elder sibling to
Catch out since you ain’t 18 yet or you should keep holding it till you clock 18 OR Older right now bitcoin is bubbling..

And do you really think he will give it back once he knew how much the value of that bitcoin you just gave him?
I dont think so.
That is not a wise move.
Better just look for new options.
Binance though is giving a starter pack of 2 bitcoin withdrawals to any coin.  Better look at their android application and it might come in handy.

binance is a very good exchange if I think the problem is that we make exchanges quickly and easily so that many people use them to exchange tools

[whirlcoin]

Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks

yes the people are thinking the surety will be e very low with their investment and Bitcoin but if we transfer every investment to a stable currency it will not grow anymore so don't do every thing to a stable currency used half of it to a bitcoin investment because it will be more profitable than any other thing.

[mersal]

Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks

I don't think it will be a good decision right now because Bitcoin is the most useful way of money making so if you transfer Bitcoin into some other stable investment I definitely sure it will not been profitable as like you are holding with your Bitcoin for the long time in the future.

[Best Dreams]

Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.

Yeah, I did it too since I started trading at 17 after my friend introduced it to me. At first it was good until I need to pass KYC in a certain exchange but student identification card is not valid for verifying so I ended up having guidance to my friend whose older than me and knows about cryptocurrency trading.

Exactly as student card is not valid but I am sure in future people will not have to face this problem,, KYC being use by some exchanges for the sake of security and it is important too, bitcoin is the most unstable coin and it will help us to avoid sell at panic, you can start with some other exchange which can help you become a good trader.

[Ucy]

There are no other coins except for USDT, USDC, and TUSD all other coins are always fluctuate if the market is in the bull market just like today the price is fluctuating.

Well, I suggest you if you want to save your profit in stable coins you must verify your account. There is a local exchange that requires you KYC same here in my country and I used my husband ID including the selfie.

So if you have a friend that has ID or your parents you can use it temporarily so that you have the option to exchange your crypto to stable coin or USD.

There are quite a number decentralized stablecoin like dai, havven he/she can choose from... They probably would be his/her best option. Not sure if there is any easy way to store  DIA stablecoin for example. He could use ethereum based decentralized exchanges like forkdelta or Etherdelta. But he needs to convert his Bitcoin to Ethereum first before he could convert the ethereum to DAI  coins. 
This requires no kyc at all

[guoyu78]

Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.

So many young people have been showing interest in Bitcoin lately because of fear of missing out FOMO the lucrative opportunity and I think that it is not going to be very easy for them to get through this all because you need to have some good knowledge about it and I think that the age factor could be bypassed as well by sending it to an exchange like Binance and then selling it for any coin you love to own.

But, BTC has been on the rise, why would you think of transferring it ? Personally I will not. Because I hate shorting bitcoins for my own benefits reasons. I love bitcoins and I want to support it by holding and I believe shorting in any format may question my faithfulness toward bitcoin ecosystem.

[pinoycash]

Age restriction can be bypass, you send your coins at Binance and sell it for USDT, problem solve.
Since you are still young, you can ask for further guidance from your parents, at least they know better the legal aspects in trading or in crypto.

So many young people have been showing interest in Bitcoin lately because of fear of missing out FOMO the lucrative opportunity and I think that it is not going to be very easy for them to get through this all because you need to have some good knowledge about it and I think that the age factor could be bypassed as well by sending it to an exchange like Binance and then selling it for any coin you love to own.

But, BTC has been on the rise, why would you think of transferring it ? Personally I will not. Because I hate shorting bitcoins for my own benefits reasons. I love bitcoins and I want to support it by holding and I believe shorting in any format may question my faithfulness toward bitcoin ecosystem.

Yeah, ive seen and talk to 13 year old boy that already made a career from joining different bounty campaigns and participating in different crypto airdrop projects and i am impress that they started young and already making some extra money for themselves.

[jhongzjhong]

But, BTC has been on the rise, why would you think of transferring it ? Personally I will not. Because I hate shorting bitcoins for my own benefits reasons. I love bitcoins and I want to support it by holding and I believe shorting in any format may question my faithfulness toward bitcoin ecosystem.

Correct, you can divert your bitcoin into stable coins once it is going down the bitcoin price and once you are diverting this you are safe from having a loss. This strategy is very useful because at that point you can stop your lose but when bitcoin continue raising and stable coins are possible will drop a little just because of the dollar value. So, while bitcoin keep growing it doesn't make sense if you divert to USDT.

[kararigoo1338]

This one is open for everyone:

[Mezounbanned]

Hi

I want to transfer my btc in a stable coin.

Does anyone has suggestions?

I know USDT, I tried it but I need to verify myself via the wallet etc. and I am not 18. (or are they maybe different wallets?)

Thanks

Hello dirkdekeizer idk how old are you, and i don't care   i have one solution for you, you can send your coins to kraken, if you dont want to verify your account you will only have a limit of $2k daily for withdrawals, i think that's the solution you are searching for. Good luck.

I think this is changed for Kraken. Now the ask thorough KYC to be able to withdraw.