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/biz/ - Business & Finance

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52831764 No.52831764 [Reply] [Original]

Where does /biz/ stand on Kraken? Is it a worthwhile exchange?

>> No.52831769

>>52831764
it's as transparent as centralized crypto exchanges get. i will use it as fiat onramp till the bitter end.

>> No.52831779

Been using it as my main fiat portal for years. Never failed me.

>> No.52831831
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52831831

I’d feel better about them if they hadn’t laid me off.

>> No.52831851

Transparent and their support is 24/7 with white people.

Best exchange in my opinion. Binance is currently owned by a chink and they're pausing withdrawals right now and won't let anyone withdraw their crypto.

Kraken #1

>> No.52832024

>>52831764

>> No.52832056

its the best exchange unironically and jespow is based

>> No.52832070

>>52831851
Did you actually try? I can withdraw no problem, non-us binance though

>> No.52832079

>>52831764
It's called that because they're Kraken under the pressure and are about to collapse.

>> No.52832085

>>52832079
Based on what? Recent layoffs? Do you not understand how corporations work?

>> No.52832165

>>52831764
Great overall. Main problem during the last bullrun was downtime during high traffic periods.

>> No.52832192

>>52832070
I withdre from Binance.us last night you muppet

>> No.52832207

>>52831764
It just werks. Is everything a fiat on ramp should be, but horrible to trade on, especially perps lack liquidity

>> No.52833167

>>52831769
Every time /biz mention an exchange, some catastrophe happens.

>> No.52833210

>>52833167
kraken isn't leveraged to the tits however if bankers want you gone you will go.

>> No.52833537

>>52831779
A lot of CEXs survived until recently, retards find it hard to move their assets to DEXs or better still private DEXs

>> No.52834220

>>52831764

Best exchange I have used, the UI is a little weird but alright once you get used to it.

>> No.52834280

If you're poor & you lose money on a regular basis or your strategy is to DCA into -80% yes this platform is great.
The moment you start making real money things will get interesting for you with kraked

>> No.52834524

>>52831764

>Okay, Fitbit, let's nail this move.

>> No.52834873

>>52831831

Were you a liberal fag, or normal?

>> No.52834889

Only exchange in burgerland that supports Monerochan.

>> No.52835159

they have crypto withdrawal limits, no deposit limits, so it can take ages to get your coins back.

>> No.52835183

>>52834889
This is why its based

>> No.52835201

>>52832079
>Kraken under the pressure
lmao

>> No.52835257

>>52831764
I used it with my corporate account and it was great, they gave me a 10M daily limit
I always used it as BTc on ramp, the BTC withdrawals are also pretty fast.
I don’t store crypto there, I always withdraw to my cold storage, but overall their proof of reserves are the best out there
Solid

>> No.52835457

>>52831764
It's too expensive to add funds at the small amounts I need to do it. So I have to stick with coinbase for now

>> No.52836504

>>52835457
are you sure?

>> No.52836927

>>52831764
Amazing spot exchange and probably the best fiat on/off ramp. Futures platform sucks though, bad liquidity and spread but I guess you could try to harvest that since they have a fee promo atm. It's been my main exchange for years now never had a problem, they've done a great job at recent super volatile events allowing me to keep trading while Binance was super laggy. #1 support as well since you can just hop on chat and fix things on the spot or with a quick email followup.

>> No.52836944

>>52835457
I'm not a burger but don't they have ACH now?

>> No.52837713

>>52831764
Open source cross-chain identity protocols makes it a little less stressful since it allows users to manage multiple wallets and assets on different chains from a single and universal account, using just one password for authentication, rather than several and individual keys which people tend to lose sometimes.

>> No.52837803

>>52831764
excellent exchange. first used in 2017, the other day I transfered euros with sepa, it took like a minute, they probably have contracts with regular banks or something.

>> No.52838198

>>52831764
i use coinmetro as a fiat gateway and also for all the trading i need. been with them since 2019. glasslike transparency, ceo kevin is as based as one can get. look it up

>> No.52838226

>>52838198
Nobody cares you shill moron.

>> No.52838383

>>52831764
Since they have perpetual futures, I need no other cex anymore

>> No.52839395

>>52831764
utter dogshit if you run a bot but otherwise it's ok.

>> No.52839574

>>52831764
Purple IDs are safe on Kraken