When selling BTC for fiat, do we have no option but to use exchanges?

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I feel uncomfortable w/ transfering BTC into an exchange and selling it for dollars. Apparently, there's a class-action lawsuit against CoinBase for closing/suspending acc'ts. When you go to their Reddit, there's a lot of customer complaints. I definitely feel uncomfortable w/ using RobinHood. These retail investment apps have poor customer support.

But I don't see any other way of selling BTC but through one of these big exchanges. I especially feel uncomfortable about trying to cash out / withdraw over $10K...

Is there a better system? What company do you feel comfortable exchanging your crypto with? I'm mainly referring to transactions over $10K.

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mtothej_

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Posted: 3 years ago
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