MultiversX Tracker is Live!

What is the most secure way to convert a large ammount from bitcoin to fiat? I m scared that doing it through an exchange like coinbase i could get my withdraw blocked and not get my money back to my bank account

Bitcoin Reddit

More / Bitcoin Reddit 156 Views

What is OP’s time preference?

If time is of no concern, I say “Slowly. Through Bisq.” IMO that’s the most secure, because you have no idea what these exchanges are going to do. They discriminate against coins with certain history. They do random KYC blockades. They report everything about you. A large deposit will warrant a special filing with the IRS. It’s all bullshit. Do not subject yourself to that hassle.

Even with Bisq, I’d whirlpool all of it several times before exchanging. That is a more effective history eraser than swapping with other currencies, because what you get from several whirlpools has effectively NO history, different from what you get from a swap.


Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments