Confirmed payouts or safest option ?

janpan

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May 12, 2016
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I have some ripple XRP stored in a offline wallet.

Lets say one day I have made $10 million rand (just an optimistic example) and need to withdraw this into my bank account.

Which option (local exchange) would be best in South Africa to withdraw such a large amount ? Is there any known stories or payouts of such large amounts that can be verified or used as proof ?

Luno says on their website that there is "no limits" to withdrawals or deposits if you are level 3 verified, however, I have my doubts on how long the withdrawal will take and I have been hearing/reading about a lot of cases where people have lost money on Luno. Their support is also very slow or does not even reply. Same as altcointrader, although Luno seems a little bit safer and regulated that altcointrader. Both of these have extensive hellopeter complaints.

Does anyone have any proof of actually receiving a large amount of payout into their bank accounts ?
 
I wouldn't risk it on that amount of money.
Rather split it up over a few withdrawals.
However - I can't see it being an issue - Luno shouldn't really care how much you choose to cash out.
 
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