71 votes
Accepted

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 ...
  • 1,672
10 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 ...
  • 101
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 ...
  • 1,672
6 votes

How are Fees Charged at Kraken?

How are fees charged? They are charged in the currency fee set during a trade. Due to a discreet nature of trade matching process, it's rather tricky to give a definite answer on how each individual ...
  • 1,672
5 votes
Accepted

BTC Exchanges and Counterparty Risk

To engage in trading on an exchange, you have to make a deposit of either fiat or Bitcoin. As the balances are then managed by the exchange until paid out, there is no counterparty risk to your ...
  • 65.4k
5 votes

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

The usual procedure would be to deposit the bitcoins into a bitcoin exchange, sell them there, and withdraw the cash to your bank account. You will have to identify yourself to the exchange, and the ...
4 votes

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

If there are Bitcoin ATMs in your country it should be as simple as goint to the ATM ask for a refound and transfer the Bitcoins to where the ATM asks for. After that it should give you the money (...
  • 494
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 ...
  • 151
4 votes

I need Fiat -> BTC merchant service

There used to be a service by coinvoice.com that did exactly what you're asking. Unfortunately, they're no longer operating. I've heard bitpagos.com does that for Latin America. Otherwise, you're ...
  • 7,639
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 ...
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 ...
  • 156
3 votes

What's the safest way to buy bitcoins in India?

There are several legit companies where you can buy and sell Bitcoin officially in India such as Zebpay, Unocoin, Coinsecure,and Btcxindia. I have personally used Unocoin and Zebpay, both are good.
3 votes

I have a casascius coin -- how can I sell it?

You have two routes here: Sell the physical Bitcoin Don't remove the sticker on the back. Use a website like localbitcoins to sell it to someone near you. Some people might want a physical Bitcoin, ...
  • 28.9k
3 votes

What regulations are in place for Bitcoin in California?

There's actually a lot going on in the California state legislature regarding virtual currency regulation, and you may soon need a specific license from them (although the bill in question---AB1326---...
3 votes
Accepted

How can people in Indonesia use Bitcoins?

You can try https://www.bitcoin.co.id/ and use IDR. Or you can find seller / buyer in https://localbitcoins.com/places/570925/jakarta-id/
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 ...
  • 264
3 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 ...
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 ...
  • 31
3 votes
Accepted

Can I sell my BTC and still claim my BCH?

Because you owned Bitcoin (BTC) at the time of the fork, you also own Bitcoin Cash (BCH) with exactly the same addresses and private keys. You need to: Export the private keys from your BTC wallet. ...
  • 1,668
2 votes

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

I've always been a fan of LocalBitcoins. In Australia buying and selling Bitcoins is just a matter of using their site to find a reputable vendor. Often I'd be dealing with the same vendors on a ...
2 votes
Accepted

Can I transfer bitcoins generated in regtest mode to a friend?

Yes, sort of. In regtest mode, mining is made much easier, and by default it doesn't attempt to connect to any peers to exchange blocks or transactions. But your friend can run another client in ...
2 votes

How do I convert Bitcoin to and from my local currency?

You will need the aid of a service or individual in order to exchange fiat currency to and from bitcoin. You will also need a bitcoin wallet. Some services offer both exchange and wallet ...
2 votes

How can I find out the current exchange rate of Bitcoin/USD?

Very simple. Go to google and type: BTC to USD A nice box with the current exchange rate should appear on your browser.
2 votes

I need Fiat -> BTC merchant service

Your question might be out of context here (in 3 years, how many people will be interested in an answer, given that things change so fast in this space?). Having said that, it all depends where you'...
  • 389
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.
  • 7,639
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 ...
  • 2,062
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 ...

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