Where to buy a large amount of bitcoins

But if you do live in one of those states, Robinhood Crypto is a great option to get started in Bitcoin or Ethereum trading. Buy Bitcoin Worldwide does not offer legal advice. Apply here. First Name. Buy Bitcoin Worldwide, nor any of its owners, employees or agents, are licensed broker-dealers, investment advisors, or hold any relevant distinction or title with respect to investing. Robinhood is mobile first and just recently added a Web version, so it is best for people comfortable managing money from their phone or tablet.

Why Is This?

Recently, the bitcoin community and casual spectators freaked out as the price of bitcoin took a sudden for the worst. This price drop tested many bitcoiners nerves. Many caved uby and sold. While others bought more and for a cheaper price. This price decline, like many in the past, were caused by a Bitcoin Whale, a large holder of bitcoins, but for reasons that are still unclear.

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Last updated: 22 October We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners. Learn more Get an OTC quote.

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Last updated: 22 October We value our editorial independence, basing our comparison results, content and reviews on objective analysis without bias. But we may receive compensation when you click links on our site. Learn more about how we make money from our partners.

Learn more Get an OTC quote. A sizable trade for you will vary depending on factors like your income, net wealth, experience with digital currency and overall level of risk tolerance. The two main options when buying a lot of bitcoibs are to either purchase through a traditional cryptocurrency exchange or to laarge an over-the-counter OTC exchange.

Traditional exchanges offer a simple and straightforward way for their customers to buy bitcoin and other crypto coins. These centralized platforms allow buyers and sellers to trade cryptocurrencies based on current market prices, with the exchange acting as an intermediary between the two parties.

Examples of such exchanges include Coinbase. You register for an account, deposit fiat or cryptocurrency to your trading wbere, and then place an order to buy your desired number of coins.

All buy and sell offers are listed in a publicly available order book. Which traditional cryptocurrency exchanges are well set up to support large trading amounts? Coinbase is one of the best-known exchanges operating out of America, having dealt in cryptocurrencies since It has now expanded its offerings to include OTC trading, which makes it an ideal candidate for buying large amounts of BTC. Coinbase accepts a wide range of fiat currencies and calculates unique purchase limits for each user, which you can increase by submitting photo ID.

Founded inKraken is a digital currency exchange designed to suit serious traders. Its deposit and withdrawal limits vary depending on the level of verification you achieve. Huobi is whrre crypto-to-crypto exchange platform where to buy a large amount of bitcoins allows its users to trade more than currency pairs. It imposes limits on the maximum amount you can buy and sell ladge transaction, and those limits vary depending on the currency pair you choose. OTC trading refers to any cryptocurrency trading that takes place away from conventional crypto exchanges.

While trades can be arranged peer-to-peer using online chat rooms like bitcoin-otcrecent years have seen the emergence of an increasing number of OTC brokers.

These brokers specialize in helping large-volume traders buy and sell substantial amounts of cryptocurrency and in avoiding slippage. Launched in February by the co-founders of finder. Launched in and based bitcoihs New York, itBit has access to a network of clients in more than countries. Read our guide on OTC trading and get a quote. Ask yourself the following questions:.

Tim Falk is a freelance writer for Finder, writing across a diverse range of topics. Over the course of his year writing career, Tim has reported on everything from travel and personal finance to pets and TV soap operas. Click here to cancel reply. Optional, only if you want us to follow up with you.

Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a aount role in helping us x opportunities to improve. While we are independent, the offers that appear on this site are from companies from which finder.

We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. Amounr compensation arrangements may affect the order, position or placement of product information, it doesn’t influence our assessment of those products. Please don’t interpret the order in which products appear on our Site as any endorsement or recommendation from us.

Please appreciate that there may be other options available to you than the products, providers or services covered by our service. What is the blockchain? Bitcoin alternatives Mining. Tim Falk. Learn more Get an OTC quote Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Skip ahead Buying a large amount of bitcoin: What are the options?

Using a traditional exchange: Pros and cons Traditional exchanges compared. Buy or Sell? First Name. Last Name. Don’t miss out! Follow Crypto Finder. Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks — they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance.

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Consider your own circumstances, and obtain your own advice, before relying on this information. Examples of such exchanges include Coinbase. Coinmama is an all-in-one exchange and digital wallet that makes it easy to buy Bitcoin and a limited list of additional currencies in U. Binance is not insured, which may be a major concern to some, particularly after some irregular trades were detected and reversed in March How likely would you be to recommend finder to a friend or colleague? Robinhood started as a fee-free stock brokerage and recently expanded into the world of digital currencies. We may also receive compensation if you click on certain links posted on our site. The Cash app comes from Square, the company that makes those mobile credit card readers. Best for Quick and Easy Transactions: Coinmama. It offers both an exchange and wallet in one, making it one of the easiest places to start with Bitcoin. While there are some stories of people making a fortune on Bitcoin inmany people lost as it fell from its peak.