Hi everyone,
I need some advice regarding a reliable exchange. I currently have BTC stored on my hardware wallet and would like to exchange it for USDT and eventually transfer USD to my bank account. The bank won't be an issue as they will accept the transfer, but my concern is finding an exchange that won’t block my transactions or cause unnecessary complications.
The amounts I’m looking to exchange are around $50–60K per transaction. I’m less concerned about high fees and more focused on security and ensuring my funds aren’t at risk of being stolen or held indefinitely.
For context, all my crypto was purchased by me through platforms like Binance and Crypto.com. It’s entirely legitimate, and I can provide proof of purchase if necessary. Taxes and compliance won’t be an issue as everything is clear on that front. I’m simply looking for the safest and most reliable way to convert and transfer my funds.
Could Revolut be an option? I already have a Revolut account, so I’m wondering if transferring BTC/ETH to their crypto wallet and exchanging it there might work. Has anyone tried this for amounts of $50–60K?
I’ve also read negative reviews about services like Coinify (offered via Ledger), where users report their funds being held indefinitely due to ongoing KYC issues. This is exactly the kind of problem I want to avoid.
Can anyone suggest a trustworthy exchange for converting BTC or ETH and transferring funds to a non-EU bank account via SWIFT? Would platforms like Binance or Coinbase be safe options, or is there another service you'd recommend?
Thank you in advance for your help!
I need some advice regarding a reliable exchange. I currently have BTC stored on my hardware wallet and would like to exchange it for USDT and eventually transfer USD to my bank account. The bank won't be an issue as they will accept the transfer, but my concern is finding an exchange that won’t block my transactions or cause unnecessary complications.
The amounts I’m looking to exchange are around $50–60K per transaction. I’m less concerned about high fees and more focused on security and ensuring my funds aren’t at risk of being stolen or held indefinitely.
For context, all my crypto was purchased by me through platforms like Binance and Crypto.com. It’s entirely legitimate, and I can provide proof of purchase if necessary. Taxes and compliance won’t be an issue as everything is clear on that front. I’m simply looking for the safest and most reliable way to convert and transfer my funds.
Could Revolut be an option? I already have a Revolut account, so I’m wondering if transferring BTC/ETH to their crypto wallet and exchanging it there might work. Has anyone tried this for amounts of $50–60K?
I’ve also read negative reviews about services like Coinify (offered via Ledger), where users report their funds being held indefinitely due to ongoing KYC issues. This is exactly the kind of problem I want to avoid.
Can anyone suggest a trustworthy exchange for converting BTC or ETH and transferring funds to a non-EU bank account via SWIFT? Would platforms like Binance or Coinbase be safe options, or is there another service you'd recommend?
Thank you in advance for your help!
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