i love the idea of using crypto as a tool to generate wealth, i am struggling with the conversion process , i still cant find an answer on the lag time between buy and fill, and sell and cash. and trying to fund an account to trade us quite daunting to me.not a big fan of divulging too much info on the net being older , its just not how i was raised. but there is a ton of money laying around out there and i mean literally a ton (bitcon 100 worth 7 years ago now worth 72 million) but a lot of the exchanges limit your conversion to fiat to 2000 a day or 20.000 a month and if you cashed out at what point would your profit taking start to devalue the coin?
You are viewing a single comment's thread from:
Sorry for the Delay. Still trying to get use to Steemit. To answer your question. I believe your asking me is how can you increase your withdrawal limit?
Also in regards to exchanges. I can totally understand the confusion around how you can walk away with as much money as possible. One exchange I strongly recommend is Coinbase. Please note, as soon as you set up your wallet and account with coinbase you will also have access to GDAX ( a live exchange) where fees are a lot less and/or spreads are just .01 on the average above asking price. You can also withdraw into your bank account from GDAX (a coinbase company). If you need any additional help. Please let me know. More than willing to help.
Coinbase ripped me off...
how did they rip you off? I heard they were compensating people for their losses. I don't hear many positive things about them.
i'd recommend kraken and gemini if you are in the U.S. very simple. Wire transfer money to your account then purchase with what you bought
i have been waiting for about a month to get approved to level 3 at kraken , they keep emailing me telling me that they are backlogged, its been pretty costly from an investment standpoint.