Kraken Exchange has a somewhat limited variety of digital assets available for trade, when compared to other, bigger crypto exchanges. [–]tkosamjaSilver | QC: CC 28 | EOS 86 1 point2 points3 points 6 months ago (0 children). The title of this is a bit alarmist. Theres always a risk in crypto. I think they have been bought in 2018 by a Belgian company with connections or roots in Korea. Gox collapse, Kraken was the first company to create a cryptographically verified proof of reserves which shows that the exchange holds 100% of customer funds, as it should. r/Liberland There are smaller exchanges like CDC and Uphold, but I haven't thumbed through their legal docs enough to know where they are skimming. It stores the coins of most of its customers on cold wallets until it is transferred to another wallet or exchange. If you move to Kraken you pay less in trading fees, but pay more to move crypto in and out of the platform, so you should ensure you keep your funds on the exchange until you build up a large enough balance where the withdraw fee is less than the money you saved on trading fees. Kraken is probably one of the most secure online cryptocurrency exchanges in the world. I need to get my ETC back. Kraken supports Fiat deposits but a trader must complete a KYC verification before they can deposit in Fiat. avoid Coinbase... they will destroy you with all the fees.... [–]usedmyrealnamefirst 0 points1 point2 points 6 months ago (3 children), Kraken is good except you cant deposit fiat or buy crypto immediately, I originally switched to Kraken over Coinbase bc Kraken offered ADA and Coinbase did not, What I have been doing is buying BTC on Cashapp and transferring it to Kraken (takes the whole 6 confirmations/one hour) then selling/buying other currencies, The BTC I want to keep i buy on Cashapp and then transfer to my Ledger, [–]ruskata 1 point2 points3 points 6 months ago (2 children), I liteeally use Kraken ONLY for fiat to crypto trades. Kraken Bitcoin Reddit . r/Blockchain Buy Crypto on our Kraken app. Get an ad-free experience with special benefits, and directly support Reddit. It's kind of absurd." I then copied my etc deposit address, and sent a large amount of ETC coins to my Kraken account. Synthetix is a software that allows users to mint new crypto assets that mimic both real-world assets (like the U.S. dollar) and crypto assets (like Bitcoin). What is Kraken? I have talked to the support, and they stopped replying to me, I contacted everyone of them on Reddit, and they don't bother to escalate the ticket. However, sometimes it can take Bitcoin miners 30 or even 60 minutes to mine a single block (1 confirmation). u gotta stop blaming kraken bro, and when I get it back, I will be the one laughing in your face. r/CryptoRecruiting 3 points4 points5 points 6 months ago (0 children). [–]altocryptoGold 1 point2 points3 points 6 months ago (0 children). My ETC is totaly legit, it come from my ledger nano, actually, I bought them of Kraken in early August 2020...and then made a withdrawl to my ledger nano, then after a few weeks I wanted to sell my ETC for other things..and I always use the same ETC deposit address on Kraken. you meant 'if' right?? Appreciated! It was designed to be a similar style to PayPal so that users could easily move into the crypto … r/CryptoTrade To stop this from happening, Kraken is not allowing ETC deposits or withdrawals, at least not in big enough amounts. Trading remains online. r/LitecoinMining I guess you are shilling that trashapp, [–]usedmyrealnamefirst 2 points3 points4 points 6 months ago (1 child), Nah I just like instant gratification and don’t like waiting days for fiat to get wired/transferred over when I can do it the other way in an hour, [–]ruskata 2 points3 points4 points 6 months ago (0 children), That makes sense then, haha. [–]Alphatr1on 8 points9 points10 points 6 months ago (0 children). 1. Basically, there is no need to laugh at someone or making fun of the situation and blame the single person when it’s no ones fault but the exchange. Kraken is a crypto-to-crypto and fiat-to-crypto exchange which works like a traditional stock exchange by matching buy and sell orders for a fee. I think it is Europe only, as far as I can tell. facebook. I have been researching kraken and it seems like the best option for me. Kraken used to be the exchange everyone trashed back before they upgraded everything in late 2017. Add to this the built-in 25% discount on fees when traders use BNB, Binance’s own crypto token, and you have some of the lowest fees in the industry. [–]CryptoChiefEthereum fan 2 points3 points4 points 6 months ago (0 children), [–]jnc23Gentleman 0 points1 point2 points 6 months ago (2 children). I don't know how much to trust them for long-term storage or trading though. Everything feels really comfi. The official source for CryptoCurrency News, Discussion & Analysis. We will provide updates when possible. EXCHANGECoinbase VS kraken (self.CryptoCurrency). As mentioned in another sub around this same time of year, but a year ago, Kraken does not send out end-of-year statements to our clients. Grayscale is largely to blame that it has persisted for as long as it has. Kraken allows for unlimited crypto deposits even for traders who have not undergone a KYC verification, it’s only withdrawals which are limited. Rendered by PID 26902 on r2-app-0a8e128b1f170f824 at 2021-02-25 14:51:53.788688+00:00 running b1d2781 country code: ES. They hold the majority of funds offline in cold storage. and join one of thousands of communities. Even if it sucks. Of course it sucks for you but is was obviously bad timing and a 51% attack is not krakens fault. r/CryptoTechnology Kraken - … Do not close or refresh the browser or app before the crypto order … We would like to make your transition flawless. Kraken is a cryptocurrency exchanged based in San Fransisco on which you can use fiat currency and trade many types of cryptocurrency.. r/Ethfinance Cold wallets are completely isolated from any online system to provide better protection for customers’ funds.. You could try these recommended crypto … Cardano announces new protocol update for 1st March 2021, Risk management tips for beginners in crypto. r/Gemini offers a few free deposit/withdraw transactions per month if you get invited into their discount program, but they don't (or didn't) support Yubikey HW-2FA, so they are significantly less secure than other exchanges. r/BitcoinMining Wtf are you talking about? [–]rustedpopcornPlatinum | QC: ETH 70, CC 32 | TraderSubs 70 1 point2 points3 points 6 months ago (1 child), Sure but if you are US, your bank will charge you a fat overseas fee, [–]RagingMoto 0 points1 point2 points 6 months ago (0 children), [–]CryptoChiefEthereum fan -1 points0 points1 point 6 months ago (0 children), [–]tkosamjaSilver | QC: CC 28 | EOS 86 0 points1 point2 points 6 months ago (0 children). It wanted to be the easiest-to-use cryptocurrency exchange available!. [–][deleted] 1 point2 points3 points 6 months ago (0 children), [–]DahkelorTin 3 points4 points5 points 6 months ago (0 children). My ETC is not in my ledger nano, and it's not in my kraken account, but it's at krakens hostage..so frustrating. First I knew about it was when the Kraken mobile app kicked me out and now wants the API again to sign in, which of course I can’t get because kraken is down. Now they are the undisputed champ as far as I am concerned. Kraken was founded in July of 2011 by the current CEO, Jesse Powell, in San Francisco USA.. To represent the data of Coinbase vs Kraken comparison as accurately as possible, we have divided our thorough fact-based analysis results into 8 different categories. Kraken operates across the United States (with the … Kraken keeps telling me the funds are safe, and they keep saying that in January, they will enable etc gateway and credit my ETC, but they can't promise anything. [–]SKCogs[S] 3 points4 points5 points 6 months ago (0 children). r/Kraken and r/Binance has (or had) withdraw and miner fees which r/Coinbase (pro) does not. Whatever happened to ETC, I can't justify that and it doesnt justify Kraken holding MY money for 4 months.. [–]cbct73 7 points8 points9 points 6 months ago (6 children). See all 10 articles Withdrawing cryptocurrencies from your Kraken account ★ Cryptocurrency withdrawal fees and minimums ★ How to withdraw cryptocurrencies from your Kraken account ★ Adding and confirming a new cryptocurrency withdrawal … These synthetic assets (Synths) are backed by the platform's cryptocurrency, Synthetix Network Token (SNX), which is staked as collateral in order to generate rewards. It was with compliance for my bank. [–]Y0rinSilver | QC: LedgerWallet 62, CC 23 | NANO 15 0 points1 point2 points 6 months ago (0 children), Depends on where you're from. Or more, when someone laughs because I bought etc there seem to be people who enjoy that Kraken hold this funds hostage. You bought a shitcoin that if Kraken allows you to sell and you then withdraw whatever you sold it for, somebody could roll the chain back through a 51% attack. Thanks for sharing your experience. Kraken vs Crypto.com Exchange The below Kraken vs Crypto.com Exchange table shows how Kraken and Crypto.com Exchange differ with respect to trading fees, withdrawal fees, deposit methods, supported cryptos, trading types, user scores and more. That’s the main reason why I want to transition. Find live cryptocurrency prices and quotes for over 30 assets at the Kraken Exchange. If someone wants to get into crypto to get its feeling, without throwing in their own money. Buy, sell and margin trade Bitcoin (BTC) and Ethereum (ETH) in exchange with EUR, USD, CAD, GBP, and JPY. The information is updated on a monthly basis. I'm using coinbase but honestly the one time that I had problem with kraken, their support are great. Understanding the Kraken Cryptocurrency Exchange. [–]Cat_Marshal 0 points1 point2 points 6 months ago (2 children). The following services are now available to Japan residents: Now, after 4 months, I still don't have my ETC. Kraken, the popular cryptocurrency and bitcoin exchange company, today announced the launch of account funding and trading in Japan. In May 2018, Kraken made a $1 million donation to the nonprofit Coin Center and pledged to match any donation up to the value of $1 million for the following month. Press question mark to learn the rest of the keyboard shortcuts, Platinum | QC: CC 79, ETH 64, BTC 21 | TraderSubs 29, https://www.reddit.com/r/CryptoCurrency/comments/kudh1k/please_upvote_kraken_hold_a_large_amount_of_etc/. Warning: Background mining), IBM's ZeroToBlockchain (Free learning resources), r/Altcoin I had a problem with Kraken. In Europe I'd recommend bitvavo. [–]SKCogs[S] 0 points1 point2 points 6 months ago (4 children), Haven’t heard of bitstamp I’ll have to check it out.. my main thing is I want as low of fees as possible but don’t want to use a shady site. It's a bit of math, but its not hard to compute. The only way to get around that is via DEX. I strongly encourage you to reach out to our live chat support with any questions you may have. View real-time crypto charts and purchase in minutes. Support is super fast and ive never had the feeling of lacking security. 12th of September 2020, ETC deposit page on Kraken was open. Kraken Bitcoin Reddit Bitcoin . Optimistic rollups launching on Ethereum Mainnet in March ahead of schedule: a decetralized scaling solution for thousands of transactions per second which dApps can copy and paste their code into. Kraken Exchange doesn’t provide a personal wallet service for its users. Trade orders sometimes stuck in limbo ... but except that it's solid exchange. Before being able to deposit any digital assets or cryptocurrencies, your account must first be verified to the Starter level or higher.. Once you're verified, you can deposit any of the supported digital assets and cryptocurrencies by … In the early days of Bitcoin trading it managed to pick up a number of accolades. Kraken, a popular bitcoin and crypto exchange company, today announced it is supporting the launch of a new independent initiative called Kraken Ventures to actively invest in early-stage cryptocurrency and fintech startups.. As a global investment operation with a presence in Austin, Berlin, Hong Kong, London, New York, and San Francisco, Kraken … REDDIT and the ALIEN Logo are registered trademarks of reddit inc. π Rendered by PID 26902 on r2-app-0a8e128b1f170f824 at 2021-02-25 14:51:53.788688+00:00 running b1d2781 country code: ES. Platinum | QC: BTC 68, CC 40, XLM 27 | NEO 5 | r/FOREX 11, Platinum | QC: ETH 70, CC 32 | TraderSubs 70, Silver | QC: LedgerWallet 62, CC 23 | NANO 15. At the time, the company’s developers created the smart contracts that define the RCP rules, and the code was reviewed … I tried to resolve it for long time (nearly got really pissed off), but then /u/jespow answered to me personally and gave me some excellent VIP CS guy who was able to resolve my problem over Telegram nearly instantly. Basic. Normal Coinbase sucks. It’s on Kraken to disable deposits if there’s an issue. And do try to get these links and apps on your own through the app stores, please do not click on links that are shared by someone … Do you mind telling me what that means?I'm new to cryptocurrency and it is becoming a big interest for me so I try to learn what I can. Kraken Wallet. twitter. The issue is with the coin in this case though, ETC has been successfully 51% attacked multiple times and that's why transactions can't be trusted anymore. What if anything happens, where to look? [–]zum_mond_mannTin 16 points17 points18 points 6 months ago (4 children). google plus. You should have sold the day you read about the first successful 51% attack on ETC which was years ago. 29 points30 points31 points 6 months ago (3 children), https://support.kraken.com/hc/en-us/categories/204677947-Getting-Started. They also ignore me on other platforms. Id assume they do their best and youll get your funds back at some point if this gets resolved. r/CryptoMarkets The meme goes "release the Kraken" and here it is Kraken who should be doing the releasing. That’s not OP’s fault. More the 'you've made your ETC bed, now you have to lie in it'. Kraken does not "alert the IRS about your crypto." This may result in the quoted price expiring. In that regard Kraken can be blamed I think. - Vitalik Buterin (2014), Coinbase Receives SEC Stamp of Approval for Public Listing.
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