Cashing out bitcoin through Swissquote

[Singa]

Given the enormous fees they take i am pretty sure they will be more than happy to have you!

I forgot, does SQ use Bitstamp med-market Bitcoin Price?
Or they have they own spread

 

[nomad999]

Yea, my understanding is its like using bitstamp but with higher fees.

 

[nomad999]

actually might be a bit more complicated than that so I am not so sure about the details, I don't day trade so I don't care much for the details personally.
https://en.swissquote.com/crypto-assets/products/cryptocurrencies

 

[nomad999]

hmm thats interesting ... no mention of binance, go figures...

 

[Singa]

I found it..
Here their Bitcoin Price alnog with other crypto
Is a little higher than the coinmarketcap.com Price..

https://www.swissquote.ch/index/index_quote_d.html

 

[Singa]

Update
So i done my video verification yasterday, and went well and everything..
And asked them when i will be able to use the account Officially, and the account been active?
They say after review if everything went well, that can take from 3 to 5 Business days! I said cool!


I want to ask u guys, to the ones who verified they SQ accounts, does Swissquote ask for more documents after the video verification?
I already done the contract Signature, and the proof of address documents, and the personal information application, and the Passport verification with that video conference verification..!
So is there any thing else they will be asking?
Just talk about u experience..
Thanks

 

[nomad999]

there is the bs IRS W-8BEN form and they asked me a bit more details on last job.

 

[Singa]

there is the bs IRS W-8BEN form and they asked me a bit more details on last job.

When they asked u? After video verification? Or after you account got verified?
My account is individual not corporation

 

[nomad999]

When they asked u? After video verification? Or after you account got verified?
My account is individual not corporation

possibly after being verified, but not sure sorry ... about a week or so after the video id verification.

 

[jaxop]

When they asked u? After video verification? Or after you account got verified?
My account is individual not corporation

How did it work out for you in the end? Is your account up and running?

 

[Davis123]

How did it work out for you in the end? Is your account up and running?

So tell me if someone has 10000 bitcoins now where can they cash them out safely ?

 

[jaxop]

So tell me if someone has 10000 bitcoins now where can they cash them out safely ?

I don't understand your question or why it is directed to the comment I made.

 

[Davis123]

I don't understand your question or why it is directed to the comment I made.

Sorry but my question is general not to you. Does anyone know how is it possible to get it cashed ?

 

[jaxop]

Sorry but my question is general not to you. Does anyone know how is it possible to get it cashed ?

Anyone who has 10k bitcoins would know how to cash them out.

 

[Singa]

Any regulated platform like for example Swissquote will let you withdraw to your bank account.. But they will ask you for the source and the poorf of this funds!!!!
If you can make sense about how you get that money and provide them the douments.. They will let you withdraw it easily..

 

[jaxop]

Any regulated platform like for example Swissquote will let you withdraw to your bank account.. But they will ask you for the source and the poorf of this funds!!!!
If you can make sense about how you get that money and provide them the douments.. They will let you withdraw it easily..

Maybe you missed my previous question. Is your SQ account up and running/functional yet? How long did the whole KYC process take you (if it's done). Thanks

 

[Singa]

Maybe you missed my previous question. Is your SQ account up and running/functional yet? How long did the whole KYC process take you (if it's done). Thanks

Yes is up and running
It will take no longer than a week, after you finish you video verification

 

[Davis123]

Anyone who has 10k bitcoins would know how to cash them out.

Thx one of my clients has 10k bitcoins and he has no idea how to cash them out all at once in a bank as UAE banks don't allow cryptos.

 

[jaxop]

Your "

Thx one of my clients has 10k bitcoins and he has no idea how to cash them out all at once in a bank as UAE banks don't allow cryptos.

Your "client" has 259 Million USD in Bitcoin and he hires you to go on a internet forum to figure out how to cash them out. Sounds credible.

 

[Singa]

Thx one of my clients has 10k bitcoins and he has no idea how to cash them out all at once in a bank as UAE banks don't allow cryptos.

So how to Cash it out?