Re:Why you can’t cash out part 1: Bitcoin’s “price” is large...
by mikulas_florek on Monday December 18, 2017 @11:29AM
(#15952784)
Difference between exchanges is ~0% to 5%. Price can change 5% easily in an hour on a single exchange so if you take a day or more to transfer money from one exchange to another, it's very likely you would earn more just by holding BTC.
Re:Why you can’t cash out part 1: Bitcoin’s “price” is large...
by celticninja on Monday December 18, 2017 @03:44PM
(#15955320)
Not every exchange has perfect withdrawal to fiat methods. Wex.nz doesn't have the facility to move fiat to a bank account. Bitfinex you cannot withdraw USD others only allow EUR withdrawals etc.
I know I'm missing something because a lot of people a lot smarter than me are in this space. I just don't know what it is I'm missing from the outside.