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71 votes
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Cryptocurrency Arbitrage - What do I need to know?

Arbitrage - What it is and how it works Arbitrage refers to the process of instantly trading one or more pairs of currencies or odds for a nigh risk-free profit. Usually, this involves two ...
deepbrook's user avatar
  • 1,672
11 votes

What is the strategy behind a sell wall?

I use this type of trading to accumulate buys at a cheaper price. Ex: if I spend 2 hours buying small amounts of coins so nobody notices the large buys, then I put up a large sell wall ($30k-$45k) to ...
StiltSkin's user avatar
  • 111
8 votes

How much does it effectively cost to purchase currency at an exchange?

Essentially, you have to factor in 3 fees in a purchase: 1. Deposit fee (if applicable) This is usually a fee for wire transfers, and from my experience is only relevant if you deposit cash across ...
deepbrook's user avatar
  • 1,672
4 votes

How can I sell bitcoins and transfer the funds to my bank account?

Bitcoins can not be withdrawn into a bank account directly. You can either sell them to somebody who then transfers money to your bank account, or you can sell them at an exchange and withdraw the ...
Hans-Martin Mosner's user avatar
4 votes

What is the strategy behind a sell wall?

http://www.dancingbots.com [1] is visualizing the chronological sequence of limit orders on popular exchanges. You can see how those walls are repositioned if the price moves. Those big positions are ...
tobltobs's user avatar
  • 151
4 votes

How to build a Java trade bot

So you want to limit your bot strictly to gdax? There are some libs providing abstraction layers from a specific exchange. One example is https://github.com/timmolter/XChange This becomes very ...
Andreas Rückert's user avatar
4 votes
Accepted

How do websites sell cryptocurrency with fiat payments?

Essentially you want to start a cryptocurrency exchange? If that is true, you need liquidity for people to be able to buy these coins. There are two ways of going about it: Use a broker/third party ...
Goose's user avatar
  • 156
3 votes

How can I sell bitcoins and transfer the funds to my bank account?

There are a couple of ways to sell bitcoins for fiat currency (like USD, Euro,etc) Directly trade with someone who wants to buy bitcoins using currency. Find an online exchange that would buy your ...
tbolt's user avatar
  • 264
3 votes

Sold BC but funds not received into Bank

this is Coinify representative writing. We are sorry to hear that you have experienced issues using our sell service and would like to ensure that everything is in order. Unfortunately, based on this ...
Coinify's user avatar
  • 31
2 votes

Which Exchanges Allow Short Selling/Margin Trades with USD/BTC or USDT/BTC

There's apparently a website that reviews various exchanges that allow trading on margin: http://margintradingbitcoin.com/ OKCoin and Bitstamp are the two that I've heard of on there.
Jimmy Song's user avatar
  • 7,759
2 votes
Accepted

How did anyone buy bitcoins before exchanges?

On messageboards like bitcointalk and chatrooms. People would use Paypal or other digital payment systems to send dollars. You could also trade in person through meetups and localbitcoins.com which ...
k kurokawa's user avatar
  • 2,082
2 votes

I have a physical Bitcoin, how can I exchange it for dollars

There are a handful of people/companies who manufactured physical bitcoins, most notably Casascius. If you have one of these, a little tamper proof seal should cover a private key. You can then ...
Raghav Sood's user avatar
  • 17.1k
2 votes
Accepted

Selling btc but avoiding bank payment reversals

however payment reversals are a problem with bank wire transfers. "Different wire transfer systems and operators provide a variety of options relative to the immediacy and finality of settlement and ...
Stephen Gornick's user avatar
2 votes

Somebody sells at 4k instead of 40k. Who gets it?

TLDR: The highest bidder on the exchange will get it. One of the main jobs of an exchange is to match sellers with buyers. The exchange will help users sell for the highest price possible, and buy for ...
Bjørn Olav Jalborg's user avatar
2 votes

For tax purposes, how much is Bitcoin is worth if you send it to an exchange and sell it immediately for fiat?

Tax questions should largely be off-topic here, as they are so jurisdiction-specific. But nonetheless, a general answer is sort of possible here: In many jurisdictions, you will be liable to pay ...
chytrik's user avatar
  • 18.3k
2 votes

How would I avoid spending my Bitcoins when I need to buy a house quickly?

The essential character of money is that you transfer it (or control over it) to another person in exchange for some object or service. There is no way to use money to purchase something and still ...
RedGrittyBrick's user avatar
2 votes
Accepted

How to send Bitcoins to "anyone"?

But how can I sell Bitcoins without knowing someone who is interested, so without specifying a particular address? You can't. You first need to know who you're selling to if you're trading directly. ...
Pieter Wuille's user avatar
1 vote

How do I convert bitcoins into Brazilian currency?

To find an exchange in Brasil you can try buybitcoinworldwide.com. There are many exchanges, the site does not list all of them. Most exchanges that let you buy bitcoins also let you sell (for a fee ...
Willtech's user avatar
  • 3,279
1 vote
Accepted

How does one monitor all bitcoin address that hold more than a certain amount and detect movement from cold storage?

I found this website shows all movement from mtgox cold wallets with one day delay or real time when you donate: https://www.cryptoground.com/mtgox-cold-wallet-monitor/
Luksander's user avatar
1 vote

How does one monitor all bitcoin address that hold more than a certain amount and detect movement from cold storage?

There are sites that monitor the blockchain and aggregate the data. E.g. https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html
Eliyahu's user avatar
  • 171
1 vote

Selling Bitcoin for cash in my store

So far as I know, most store owners just rent floor space to a company that operates the Bitcoin "ATM". The store owner gets fixed monthly rental income and doesn't have to get involved in Bitcoin ...
RedGrittyBrick's user avatar
1 vote

How can I transfer my BitCoins to my PayPal?

If you have them in an exchange like coinbase.com: (1) sell them into your bank account, (2) connect your bank account to PayPal, (3) transfer them from your bank account to PayPal. If you have them ...
Alin Tomescu's user avatar
  • 1,337
1 vote

Can I make instant profits in this way?

Yes, you can do that, but it may be difficult to do. This process is called arbitrage and is something that occurs in other markets, not just in cryptocurrency trading. Keep in mind that if you do ...
Ava Chow's user avatar
  • 70.8k
1 vote
Accepted

How does Exodus wallet (or other wallet) exchange bitcoin to other cryptocurrency?

If I exchange bitcoin to litecoin/ethereum, does the wallet software itself send the request the buy order of litecoin/ethereum to some other exchange? Yes. If there is no litecoin/ethereum ...
Ava Chow's user avatar
  • 70.8k
1 vote

HOW TO MOVE BITCOIN

You will have private keys in your Bitcoin adress. So first install a bitcoin wallet (a lightweit one is Ok, such as the ordinary android Bitcoin wallet, samuray wallet...). Then import your ...
Ander Aristondo's user avatar
1 vote

Using Bitcoin ATM's, how does selling work?

Atm will generate a bitcoin deposit address Client scan it using smartphone and send bitcoin to that address Atm will wait for confirmation and emit fiat money from dispenser Things to consider: ...
Haddar Macdasi's user avatar
1 vote

Can I sell my BTC and still claim my BCH?

Your thinking is correct in general. As a practical matter, you will need to preserve a way to access "your" BCH, i.e., the private keys of the addresses at which the to-be-sold bitcoins were sent to ...
brec's user avatar
  • 347
1 vote

Can I sell my BTC and still claim my BCH?

I you had bitcoins at the moment of the fork, you own an equal ammount of bcash. As they implanted a strong replay protection,it does not matter if you sell your bitcoins afterwards. The only thing ...
Ander Aristondo's user avatar

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