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question regarding cryptocoin liquidity
| Insecure cheese-eating ape | 11/30/17 |
| cobalt property | 11/30/17 |
| Insecure cheese-eating ape | 11/30/17 |
| Floppy heaven | 12/01/17 |
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Date: November 30th, 2017 8:37 PM Author: Insecure cheese-eating ape How difficult is it to cash out bitcoin to a fiat currency? Does anyone here have any experience doing this, or do you typically reinvest in more crypto?
Also, when you place a sell order on an exchange, typically, how long does it take for that order to be filled? |
Date: November 30th, 2017 9:36 PM Author: cobalt property 1. it's easy to cash out. just place an order, then either ach or wire your money out.
2. the speed of execution depends on the price you're willing to take. you can get instant execution if you do a market order, but your price may not be optimal. |
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Date: November 30th, 2017 11:22 PM Author: Insecure cheese-eating ape Ty.
What kind of price differences have you seen or that you could give as an example |
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Date: December 1st, 2017 2:47 PM Author: Floppy heaven they tend to be yuge on illiquid stuff, not as big on highly traded stuff. just like traditional brokerages. go check out binance.com or bittrex.com to see some markets in action and check they spreads (http://www.autoadmit.com/thread.php?thread_id=3813954&forum_id=7#34815788) |