Discussion in 'CryptoCurrency' started by Larry Walton, Nov 1, 2019.
Please I need help on where I can buy larger amounts of bitcoin.. Let's say from $40,000 upward???
Use local bitcoins, unless you have time to fill hundreds of forms from where you have that money.
OH thank you sir. But how do I know a legit user to sell to from local bitcoin? And secondly, I was also thinking about using kraken, has anyone had any experience with kraken? Are they reliable too?
Built-up a relationship with a reliable seller, and it won't be hard. I can easily do it, but you wouldn't just be able to use the same methods.
Kraken is big, you could use them if they let you. But due to the nature of cryptocurrency, I would always recommend you hold your Bitcoins in your own wallet.
Local Bitcoins are quite expensive.
Coinbase is definitely the most trusted one out there but they might put a hold on your account suddenly if you are buying too much.
I think it will be better if you spread the buy over multiple platforms instead of buying all at once from one particular marketplace.
Try reaching out to some OTC Brokers.
They deal nothing with large transactions, usually in the hundred of thousands. But may be willing to do business with you. They have high limits and usually settle the same day. its all KYC though if that's something your willing to do.
(75K Transaction Minimum)
(Not sure of the min)
i think if you tried binance the limit is 20k and use another exchange with it like coinbase or Nash
For my localbitcoin is good to buy
localbitcoins just because the process is 100% transparent and safe.
Coinbase, but susceptible to limits.
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