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13092001 No.13092001 [Reply] [Original]

Where to cash out half a mil as a Canadian? Is Kraken the best place after Quadriga fiasco? Shakepay is good but they are just a small startup

Kraken has $200k/month limit

>> No.13092008

>>13092001
Kraken is fucking fantastic

>> No.13092386

Kraken has an OTC desk now as do others. For half a mil you should probably use that.

>> No.13092404

If you need fiat value... Let me know.
Only take BTC. We have shop in Toronto.

>> No.13092637
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13092637

>>13092001
Kraken is one of the very few reputable exchanges. There's a reason they were selected to help handle the Mt. Gox claims.

>> No.13092664

>>13092404
do you report to the canada revenue agency?

>> No.13092675

I've never used Kraken, but used coinsquare a lot and they are legit

>> No.13092685

are you from Toronto? there is a place in Chinatown on Spadina that will do cash deals but you pay like 2%

>> No.13092693

>>13092001
Why does she not have pants on?

>> No.13092696

>>13092685
I've seen that place. How many BTC can they buy? Do they want ID?

>> No.13092700

More importantly how do you receive this money to a Canadian bank without getting flagged?

>> No.13092743

>>13092693
Irony

>> No.13092747

>>13092696
no ID... just make sure you bring some bodyguards with you

>> No.13092761

>>13092747
Do they pay cash?

>> No.13092775

>>13092761
You're gonna get rekt son

>> No.13092783

>>13092775
Yeah it's scary. What's stopping them from dragging you in the back and beating the private keys out of me?

>> No.13092843

>>13092664
No. We do not deal with any three letter agency or organizations. We don't care to say anything.

>> No.13092877

>>13092761
>>13092783
We are here to do business. For large transactions , you can bring a friend with you if you are worried. You want fiat value , then we will give it to you in exchange for BTC.

>> No.13092901

>>13092877
How many can you buy?

>> No.13092926

>>13092761
yea cash so no trace. if large amount call ahead first

>> No.13092989

>>13092901
Up to 5M.

>> No.13093026

>>13092989
Anon, a BTC is ~$5300 CAD. You'd need almost $27 billion.

>> No.13093289

>>13093026
5M in fiat value.

>> No.13093320

Chink

>> No.13093337

>>13092761
Just try to remember a nice song and think about the rich life you were planning to have to comfort you while you're laying on your back, starring at the sky, and bleeding out.

>> No.13093359

>>13093320
You can't say that in Canada. All foreign cultures are beautiful and equivalent. You are a bigot and your bigot speech is going to have people sitting in front of city hall in their coolies until we apologize.

>> No.13093394

>>13092001
coinsquare https://coinsquare.com/

>> No.13093524

Hey man, use Gemini. Open usd account here in Canada and you're good.

Kraken is a close 2nd place

>> No.13093560

>>13092001
Go to a tax haven if you have millions, don't get cucked by government

>> No.13093564

>>13093524
Won't your bank just close your account as soon as it gets the crypto wire transfer?

>> No.13093592

>>13093524
Agreed, Gemini is solid. Also Coinbase. Those two along with Kraken will guaranteed not run off with your dough. There was an ETF presentation given by Bitwise to the SEC today where they went into great detail of why practically every exchange but 10 are basically scams and those 3 were on the good list.
Here's the deck, highly recommended reading: https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf

>> No.13093710

>>13093564
Why would that happen? Let them know before hand that you are going to be making large deposits

>> No.13093862

>>13093710
Most Banks in Canada will close any account dealing with crypto.

>> No.13093995

>>13093862
i have been with scotiabank for years and buying btc from quadrix and coinsquare stfu .

>> No.13094000

>>13092989
you'll pay out 5 mil cash?

>> No.13094589

>>13092926
>if large amount call ahead first
yeah warning you beforehand so you can get some chinks with baseball bats standing by

>> No.13095596
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13095596

>>13092693
Why not?