and what website would you suggest here?For larger amounts OTC remains the best option
What if I just want to exchange from BTC -> DAI often or from LTC -> DAI often and back again ?
Maybe on a daily basis?
and what website would you suggest here?For larger amounts OTC remains the best option
I’m mainly using FRNT now, works good for me.and what website would you suggest here?
No idea about dai, haven’t touched it for a long time. Certainly not the best option for frequent trades.What if I just want to exchange from BTC -> DAI often or from LTC -> DAI often and back again ?
Maybe on a daily basis?
$250k USWhat is the minimum amount you need to trade with them to become a customer?
You can use a simple single member llc, I don’t know about personal accounts.Googling and researching a little:
FRNT primarily refers to FRNT Financial Inc., a Canadian-based financial services firm specializing in capital markets and advisory services for institutional investors in the cryptocurrency space.
It's not for personal trading.
100k is chump change on exchange or on chain - sorry but that’s the realityI can see there’s really no way around using services like Kraken and Binance if you want to invest larger amounts (100K+) in crypto and have access to features like “stop loss” and automated sell functions. Meanwhile, these decentralized providers can’t handle such large amounts.
It’s frustrating when we’re trying to promote crypto as the champion of a free world economy, only to end up tied down by heavy documentation and other formalities on these highly regulated exchanges.
any examples?As for stop loss etc there’s protocols out there with exchanges on chain that have these facilities
No fees are charged, you get good prices especially for large amounts up to $10m and you can bargain if you enjoy doing that.Are you able to share what kind of fees FRNT charges for a $1m trade?
the key to "free world economy" is in p2p and you should not use crypto as some form of modern bank.I can see there’s really no way around using services like Kraken and Binance if you want to invest larger amounts (100K+) in crypto and have access to features like “stop loss” and automated sell functions. Meanwhile, these decentralized providers can’t handle such large amounts.
It’s frustrating when we’re trying to promote crypto as the champion of a free world economy, only to end up tied down by heavy documentation and other formalities on these highly regulated exchanges.
kraken or binance, same same when it comes to KYC!
that's really cool, but the problem is the long waiting time for an exchange, the last time I put 100K through and I was almost getting a hard attack because it took that long and I thought I had lost them!DEXes are getting much better. Thorchain is also working on limit orders... Pretty soon u will be able to set limit orders to buy and sell.