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RE: How to cash out from Polygon Pools to FIAT - in 14 easy stages...

in LeoFinance3 years ago

One hell of a palarva.

I've moved various coins through bittrex to fiat b4 but i didn't know about making multiple trades to avoid slippage.

Is that only necessary with larger amounts?

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On the lower volume exchanges like Bittrex and Kraken, yeah it helps a bit!

I must remember this as I use Bittrex quite a lot, or I was until they asked me for seven different selfies, from seven different angles holding up my passport with a sign with the date on it 😂

I might be overexaggerating a little there, but I moved all my funds off Bittrex when they asked for the passport-holding selfie with paper with the date written on it. That all seemed a little too much to me.

But if I go back to them, which I probably will, I'll remember to split transactions up more to avoid that slippage.

Cheers for the advice.

It's the lighting that's the killer on those photos - by the time you get one they accept you have probably tried around seven times!