Quote:
Originally Posted by StefanG
what's the best place to buy and sell all these different coins?
and can I actually sell them and withdraw real $$$ back to my local bank account?
currently doing only bitcoin and that seems at least somehow safe
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This is the first time youve come into a thread of mine Welcome! Im honored to have you in here.
Depends where you live. Live in the US? use bittrex.com out of the country? use bitfinex.com bitmex does flash crashes to get money dont do margin trading or use leverage youll fuck yourself.
You can cash out with several coins but theres not enough liquidity I dont use coinbase but you can for litecoin bitcoin and ethereum.
i use localbitcoins.com to put up offers just like craigslist.
https://localbitcoins.com/buy-bitcoi.../cash-deposit/
That is where you put up an offer to sell your coin. You give the person your LLC bank account and they do a cash deposit to your account. You can sell $40,000 usd per day. Theres legal issues in the US but I dont give a fuck. I am registered with Fincen. However I wouldnt tell my enemy to register.
So after youre done making some profit transfer the bitcoin to localbitcoins and sell it in your country. You can meet people for cash.
ITS ALL IN ESCROW theres no chance of getting scammed but you need to watch out for scams, only deal with people with high feedback and wait for the cash deposit settlement on the bank (45 minutes for bank of america) then they cant take back their money.
Read other peoples pages on that site to see how they do it.