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by Canada
2320 days ago
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Market selling that much Bitcoin in one place isn't quite possible right now, but you could do this in a day on Coinbase and get real dollars in your bank account. If you split it up and sold some on other exchanges like Kraken you could reduce the time required to sell it. You could also trade the BTC for other popular assets like ETH on exchanges without fiat markets then sell that off on exchanges that do. CMC reports around $37B in global BTC volume right now, but the real figure is probably $2.5 - 3B, and of that it's fragmented in different fiat currencies with different restrictions on where those exchanges are able to send money. So while it's certainly not nothing and it's better than years ago, it's like a quarter of the average daily volume of shares in a single company like Apple. |
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