This is a good point. Commenters saying they are buying OTC and not taking custody of the coins is disappointing.
Governments do provide this information to the public. Budgets, bond issues, etc are the governments describing their "bank account" to the public. This is how we know many fiat currencies are "having issues" and the metrics are wrong. Transparent money supply is an important part of democracy.
Some bitcoin owning entities provide proof of reserves:
I don't see why a country should not provide proof of reserves. Especially they are custodied by a company in a potentially adversarial state. Nacho keys, nacho coins, lads!
Hey, hey, hey 👋🏻
Thank you for summoning us/ u/Frangiblepani 🙂
We do offer a VIP service. If you theoretically have $8billion of supported cryptoassets, we'll be able to meet & exceed your needs and wants. 😉
With best wishes of Royal Canin for your doggo,
Enjin - Enjin is a software that gives developers the ability to create and manage virtual goods on the Ethereum blockchain.
The idea is that by using blockchain technology to manage in-game items across many different properties, Enjin can help reduce the high fees and fraud that have plagued the transfer of virtual in-game goods and collectables.
Toward that goal, Enjin has released software development kits (SDKs) allowing users to both create digital assets on Ethereum and integrate them into games and apps.
Each minted asset is customizable to fit the desired platform and recorded in a smart contract, giving the items the advantages of cryptocurrency, namely speed, cost and security.
Central to managing the digital assets on its platform is ENJ, Enjin’s cryptocurrency, and each in-game item created on Enjin is assigned a value in ENJ.
Meanwhile on Kraken people are paying a premium to get their Dollars converted to Tethers. At the moment it's about $1.04 for one Tether, during the day it went as high as 5% extra.
One would consider this a very good arbitrage opportunity, but it doesn't happen. Kraken's Tether wallet holds barely the amount of their 24h trading volume.
How the fuck can you run an exchange which at any one point in time has 0.5 billion dollars, and not secure a cold storage?
Look at Kraken: https://www.kraken.com/security/practices
All new deposits go directly to cold wallets — that is, wallets that are completely isolated from any online system. The vast majority of coins are stored in cold wallets, with complete air-gap isolation.
Kraken's servers reside in locked racks, in a locked private cage, inside a top-tier professional data center: this means armed guards, video surveillance, retina scans, the works.
That's how you fucking secure 0.5 billion dollars. Cold means it has NEVER been connected to any network, that it has never been online. Storing cold in locked cages behind armed guards means nobody can steal your coin unless you and 5 other people in the company who hold part of the authority simultaneously transfer, through the secure blockchain, cold to hot, and only that small 5% portion which is needed for daily activity.
This is fucking BS.
This post will read as shill-y, but I just really like Kraken. Have had issues with crypto deposits, see customer service at the end of this comment.
Kraken is great. Been around since 2011, never hacked, staking options available DOT KSM ETH + more, participate in DOT/KSM parachain auctions, low-margin trading available, derivatives trading for non-US, Europeans have a free fiat on-ramp, low trading/withdrawal fees, great charts with unlimited indicators via TradingView API (looks better than binance's interface imo)
Kraken is also filing to incorporate as a US bank, this is likely how they will introduce their US fiat on-ramp.
The bad: I've had 2 XLM transfers get lost somehow on their way into Kraken exchange and not credited to my account. Yes, I did include the proper memo. Never had issues with another crypto.
The good: Kraken had live support and followed up to recover my funds after a waiting period, full recovery, no issues.
I think this may be correct! I’m a smooth brained idiot, but this suggests you need a stake in LRC to operate a decentralised exchange:
Anybody with more wrinkles care to chime in??
You can check our past intelligence reports and decide for yourself ;)
Also if you like these reports, you can subscribe to our newsletter to receive them to your mailbox.
Have a great day,
Pluto from Kraken 🐙
Hi u/Enum1 👋
It's Pluto from Kraken. Yes you can directly buy staked Eth2.0 at a discount rather than staking Eth. For more information on Staking please refer to our guide.
If there's anything else you need assistance with, feel free to reach out to our live support team at our website.
- Pluto 🐙
It's supported without any issues to deposit and withdraw, here: https://www.kraken.com/u/funding
If your balance of an asset is zero, it is not being shown, but you can tick the "Show all assets" checkbox to see all possible assets.
They do, they are called Proof of Stake. Bitcoin is Proof of Work. Most of the time you hear about environmentally unfriendly cryptos, they are talking about PoW cryptos.
Quick Guide on the difference
Energy use comparison
Hi, you're welcome to submit here responsibly if you have a new item to report.
If the issue is specific to XMR itself please report to XMR devs.
~ Kraken Support
I think that is still some time away since we are still on the Rinkby testnet on the Ethereum blockchain. I personally believe kraken will list us first
I believe I assisted you with this case previously. I'm not allowed to discuss too many details of this case over social media, however I am happy to answer questions in the ticket.
Please see our terms and conditions page, namely our Limitations of Liability section:
I had the same problem. The two services I'd class as the most reputable are Kraken and BitStamp. For exchanging cryptocurrencies, ShapeShift.
I don't want to guarantee anything, but this has been just my general experience.
Note that Bitcoin is going through a massive bubble at the moment. Be very careful when investing in this. Worth also noting that because of an increase in ransomware attacks, Bitcoin is getting lots of unwanted attention.
KRAKEN BITCOIN EXCHANGE PUTS YOU FIRST
Founded in 2011, San Francisco-based Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. Kraken is consistently rated the best and most secure Bitcoin exchange by independent news media. Kraken was the first Bitcoin exchange to have trading price and volume displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit, and is a partner in the first cryptocurrency bank. Kraken is trusted by hundreds of thousands of traders, the Tokyo government's court-appointed trustee, and Germany's BaFin regulated Fidor Bank.
You have 2 major exchanges where you can trade BTC for ETH:
It's super easy.
I recommend a hardware wallet for secure long term storage. I personally use the Ledger Nano S, as do many others around here.
Can someone confirm this please?
This is huge as it means there's another direct deposit (EUR and USD wire/SEPA) way to buy doge!
Edit: I can't find anything about doge on any of their social media sites...
Edit 2: Here's the trading pair link: https://www.kraken.com/help/fees-and-pair-info#ZEURXDGE
Edit 3: They've halted USD trades for now. Just so you know :)
> The "crypto investment app" may be fake already - are you sure it's a real one, and not a fake copy?
He said he used Kraken, which is definitely a real crypto exchange. Assuming he's actually on https://www.kraken.com/, and not some fake reproduction, of course.
Sign up for Kraken OTC Daily email. Every week they have a "To The Moon" edition where they have some good charts like above:
Actually, not possible on every single website today. Kraken doesn't allow you to test whether an email address has a Kraken account. But, we did make the conscious decision to put security ahead of UX.
Like what Kraken does ... (and has had since day 1)
[Edit: Oh wait .... that's just for verifying their outgoing messages. For encrypting messages to send to Kraken ... "available soon".]
> We have two — one for verifying automated email (found here) and one for communicating encrypted content with Kraken support staff (available soon). ]
Annex C, 1.3 Opting into Staking Services & Staking Reward Terms of the Kraken TOS:
> ... The percentage and timing of such remittances will: (i) be determined by Kraken in its sole discretion; (ii) be subject to Kraken’s staking fee;
(iii) vary by the Supported Protocol; and (iv) be further detailed in your Kraken Account. You agree and understand that Kraken does not guarantee that you will receive Staking Rewards and that the applicable percentage of Staking Rewards (i) is an estimate only and not guaranteed, (ii) may change at any time in Kraken’s sole discretion, and (iii) may be more or less than the actual Staking Rewards Kraken receives from the Supported Protocol.
We are thrilled to be able to bring new features to our US clients. Don't forget we are still working on opening the doors to our Kraken Bank. This will be a game changer for our US based clients.
Let me know if there's anything I can do for you.
Sana from Kraken 🐙
Sure can u/tastehbacon, The Algorand platform allows users to create tokens and dApps using a unique "pure proof-of-stake" consensus mechanism that, unlike other PoS systems, requires no "bonding" period. Algorand is also the first blockchain to provide immediate transaction finality, removing the risk of forking.
Check out the chart to get historical and live Algorand price data, then use the buy/sell button to start trading.
Have a great day
Summer from Kraken 🐙
We want moons listed to binance and coinbase!
Kraken already did write an article about moons:
Maybe we are entering to big CEX after mainnet news?
>Option to receive funds in the form of Bitcoin
>MtGox creditors should file their claim as soon as possible in two steps:
>Create an account at https://www.kraken.com.
>Click the “MtGox Claim” tab in your account and follow the instructions.
so creditors can get their bitcoins back (finally)? and what % of what is owed is being paid?
Hi u/KusuriuriPT 👋🏻,
Staking DOT with us at Kraken indeed results in 12% yearly rewards.
The best thing is, you can unstake at any time. There is no unlocking period once you decide to unstake. 🙂
I hope that helps,
Val from Kraken 🐙
Hey there u/vikrant699,
Sam here from r/KrakenSupport.
I'm glad you asked that!
In September 2020, we announced that the state of Wyoming granted Kraken a special purpose bank charter.
Kraken Bank (formerly known as Kraken Financial) is coming in 2021. The offering will initially be available to existing Kraken clients in the USA with potential international expansion in the future.
Visit Kraken.com/bank for the latest news, frequently asked questions and to sign up for updates.
Sam from Kraken
In order to prevent fractional reserve banking (which is what Mt.Gox did to eventually fall), does Bitcoin need a protocol of sorts (either a new one, or built upon the existing protocol) where an exchange can prove (or where the user can 'audit' at any given moment) they have ~100% of the deposits (either in cold or hot storage)?
Is this continuous "proof of reserve" plausible or even technically possible? According to Kraken, it is.
Two useful links to peruse (and I'm sure +/u/moolah_ et al. are aware of these):
Report by Stefan Thomas on his audit of Kraken.
https://www.kraken.com/security/audit Description of their procedures by Kraken.
“HODL Day: The Official Hodl Holiday
December 18 is HODL Day
HODL Day is the official celebration of HODL, as an ode to the date of GameKyuubi’s bitcointalk post on December 18.
Thanks to GameKyuubi, hodlers around the world who lack technical skills for short-term trades gather to celebrate his message and trading strategy on December 18 for HODL Day.”
“The History of Hodling
The actual term, “HODL,” originated from a bitcointalk post by GameKyuubi.
If you’re unfamiliar, Bitcointalk is a forum launched by bitcoin creator Satoshi Nakamoto intended to discuss bitcoin and field questions about the project. It has since been a gathering place for the crypto community, and was the site of many significant developments both culturally and technically for the industry.
On the evening of December 18, 2013, GameKyuubi famously went on a drunken, self-deprecating rant, admitting that he was a bad trader and was going to hold on to his bitcoin rather than attempting to predict its price action.
In his post GameKyuubi is also aware that he misspelled “hold” but was too drunk and/or upset to change it. “
Google is easy people. That was just the first link. But then again when you are sure you know……
Hi u/Tale_Spirited 👋
It's Pluto from Kraken. Kraken holds full reserves and we've developed a state of the art audit process in order to prove to third parties, including our clients, that client funds are properly held.
Please refer to this link for more information on our audit process.
- Pluto from Kraken 🐙
Hi u/Xolam, hi there u/ViridianZeal, hello to you u/Remarkable-Culture39 and everybody else!
Val from Kraken here, I hope you don't mind me jumping in.
We have a dedicated fee schedule page, where everything is outlined in details.
Basically, our lower, Kraken Pro fees apply everywhere, besides the Kraken consumer App and the "Buy Crypto" widget on our website.
The Kraken Pro App, besides extended trading capabilities comes with the lower fees too.
I would still recommend you to take a look at the fee schedule linked above for an in-depth overview.
Val from Kraken.
why are you all buying off of robinhood? go to a place like www.kraken.com and buy your crypto. you can use fiat or use bitcoin, eth, etc to buy your Dogecoin. This way you hold your own private keys. with RH they hold your keys, thus they hold your asset.
I buy my Dogecoin from www.kraken.com this way you hold and own your own crypto. Through robinhood they own your private keys. Take the time to open an account with kraken and buy it there. A huge number of cryptos are available on kraken
I'm not American so I admit I'm not super knowledgeable but perhaps this is a good option. Binance.US NANO/USD trading pair. Kraken is another good and very popular option that also has a NANO/USD pair.
Then once you're done withdraw it to a Nano wallet like Natrium
It's not EU based ;-)
Founded in 2011, San Francisco-based Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen.
EDIT: Here is what you want https://www.cryptocompare.com/coins/eth/charts/BTC ==> JSON/CSV
Wut is pandas? As for CSV / JSON, Polo has an API that you can use or I am sure Bitfinex stats site could be scraped to put the data in a JSON format
Else look on mashape.com or any of the financial API sites, there must be a bunch of them that provide what you need
There is also Kraken .. cough
> pair = asset pair to get OHLC data for
interval = time frame interval in minutes (optional):
1 (default), 5, 15, 30, 60, 240, 1440, 10080, 21600
since = return committed OHLC data since given id (optional. exclusive) https://www.kraken.com/help/api
For starters you can go to https://explorer.etherapps.info/ and enter your ETH address on the top right and check how much you have right now.
If you really want to sell it right now, Kraken exchange has a way to import your presale wallet directly on their website (once you have your account there): https://www.kraken.com/ether I haven't tried it, but some people said it works...so be careful, try smaller amount first.
Sign Up is easy and super fast, but if you have any problems please fee free to reach out here or you contact the support team.
Contacted them and it seems that they want to do it quietly. No official statement, no social media announcement, no blog post. Just XMR community being affected and no one else knows.
Thanks to the Reddit community for making it public.
I squeezed them a little and got some info:
The email was as follows,
Subject: Trading Monero (XMR) on Kraken - Action required
We are reaching out regarding an update to trading and funding of Monero (XMR) on Kraken.
In compliance with UK regulations, Kraken (Payward Ltd) will no longer be supporting Monero (XMR) on its platform.
On the 26th of November, all Monero (XMR) trading on Kraken will cease in the UK. This includes Instant Buy/Sell Services as well as order book trading on XMR/BTC, XMR/USD, and XMR/EUR.
Any deposits of Monero (XMR) in the UK will no longer be credited after 26th of November. Thereafter, Monero (XMR) balances can be withdrawn to a personal wallet or to an alternative exchange.
On the 23rd of November, 2021, your Monero (XMR) margin positions will be set to reduce only. This means that you will not be able to increase or open new Monero (XMR) margin positions. You will only be able to reduce open Monero (XMR) margin positions.
We kindly ask that you close any open margin positions involving Monero (XMR) by the 26th of November, 2021. On 26th of November, all open margin positions will be force liquidated and any open orders will be cancelled."
It is a direct effect of Kraken being 'registered with the Financial Conduct Authority (FCA) in the United Kingdom' from 22 November 2021
This ape posted a link to a good summary:
Looks like anyone that wants to operate a decentralised exchange on loopring must lock up a certain number of LRC…
Edit: u/AnonymousTendies <credit to that ape
Hi u/DabbingChili 👋
I appreciate your focus on trust. At Kraken, we work hard to keep our client's trust by keeping our exchange hack free since it was founded in 2011. Not many can say their exchange has never been hacked!
If you'd like to learn more about how we secure our client's assets, please take a look at our 'Security' page.
If you'd like to learn more about Kraken, click here.
Reach out if you have any questions!
~Sana from Kraken 🐙
Hi u/EnXigma 👋
If you care about security as much as we do, then you will find very useful information on our article about how to secure your digital life and Kraken account.
Our team has developed what we call the Security Shield. A tool that helps simplify the way you set up security features on Kraken.
Also, we have never been hacked and up and running since 2011.
Let us know at r/KrakenSupport any further questions 🐙
Serena from Kraken Support
Kraken is actually becoming a bank ;) We won a bank charter last year. You can find more information here. You could also check article on how we approach security at Kraken.
Contact us in case you have any questions.
Jeff from Kraken
Kraken support here. You can obtain XRP on Kraken. Available currency pairs are here (just go here and keyword search for XRP on the page): https://www.kraken.com/help/fees
As this was a question about the Canadian experience, one of the pairs is XRPCAD.
Stop using coinbase because of their ridiculous fees + inflated price.
Look at Kraken's order book here - https://www.kraken.com/charts
Scroll down to the "Depth" chart and look at the sell/buy walls. Any big walls on the right are massive sell walls where the price can get stagnant or will have issues going over.
If you want to be smart about buying wait until the price gets at or near a sell wall. Wait a few hours to see what happens. Generally if it breaks the wall and keeps going then there's a pump happening and buying is anyone's guess.
If the wall stays give it a couple of hours to see price fluctuation, if it keeps dipping up and down but keeps coming back to that same wall, I'd say it's pretty safe to buy there.
Don't use kraken.
I've been burned twice by them. Once because they suck. Once because my greed outweighed my common sense.
I know people who lost hundreds of ETH because of their shit engine.
Don't use kraken. Don't follow Kraken bitcoin exchange's twitter. @krakenfx.
They're terrible. Awful.
Sail the high seas of suck-cess.
I think the easiest way to get started is to create an account on Coinbase and buy BTC/ETH/LTC with a credit card. The fees aren't great, but it's very easy to get started with them.
If you want to get into trading and alt coins, you could then sign up for something like Bittrex or Kraken, move your newly purchased coins there and start trading. If you want to convert back into fiat, I've only used Kraken myself, and it works great, but it takes a while for the wire transfer to go through.
Always turn on two factor authentication for these services and if you are going to be investing any sort of significant amount, you should look into cold storage or dedicated hardware wallets for your coins. Keep in mind this stuff is outright gambling at this point, so don't "invest" anything you're not willing to lose.
As it says in the section you reference, "The exact levels for each currency pair are listed under Fees and Pair Info" (here: https://www.kraken.com/en-us/help/fees). Right now the exact levels for all pairs you can margin trade are 80% and 40%, but the FAQ is vague about it because the fees page is always where you should look to get the exact levels.
At margin call (80%) you get an email warning about your level and asking you to either reduce position size or add funds to bring the level up. We reserve the option to liquidate at this level but in practice would only do it under highly unusual circumstances (say if volatility in the market is very extreme to the point that we are concerned the 40% liquidation level might not be safe). At the liquidation level (40%) liquidation is automatic. It's high because volatility in crypto markets is high. The liquidation level is set to help ensure that margin positions don't lose so much value that the funds advanced for opening the position can't be paid back from the remaining value in the account.
Hope that helps clear things up. The rules are very clear except for the remote discretionary possibility of liquidation below the 80% level, but as I said in practice this might only come up under highly unusual circumstances. To avoid even that remote possibility, make sure to keep your margin level above 80%.
Agora to pause operations
Kraken exchange is down
Perfect ingredients for some market turmoil!
You could have just used the https://www.kraken.com/ether wallet sweeper bam. In the exchange do a trade get your btc and withdraw. That's it.
firing up a quick Ubuntu vm, one line install, one line to import, one line to send.I did it on win 10.
Send to shapeshift.io instant transfer.
Buying the token was never meant to be an investment. It was to fund the project and get ether for dev purposes.
Good you helped him and now you have a working ethereum environment. You might want to play with some of the new contracts and dapps being created
Welcome in our community
IMO, Kraken is the best 2FA, PGP encryption for emails, proof-of-Reserves audit Process, owned by Payward operating out of San Francisco, cold storage, API keys, Encryption, automatic backup of the database, cloudflare, maintain full reserves, robust user interface, quick customer service response times, FAQ with Trading Guide....
Kraken and Bittrex already expressed a desire on listing moons. Kraken even has it on their site. (https://www.kraken.com/learn/what-is-reddit-moon)
A coin doesn't need to do anything to be listed on bigger exchanges. Reddit is a huge platform and listing a coin will get more exposure for the exchange.
Die Gesetze des Vereinigten Königreichs Großbritannien und Nordirland.
>If you reside in a country within Europe - Payward Ltd., 6th Floor, One London Wall, London, EC2Y 5EB, United Kingdom.
>The digital asset exchange and custody services provided to you by Kraken are unregulated activities in the United Kingdom.
Hey u/EmpathicAnarchist 👋🏻,
Val from Kraken here. I hope you don't mind me jumping in!
We're a cryptocurrency exchange. We're like a matchmaking service, but for buyers and sellers. Kraken is one of the oldest cryptocurrency exchanges, a well known name in the industry, that breaths security. Hence, we have never been hacked... 👀
Feel free to read more about us and our mission.
As of the rewards, u/raymv1987 is talking about staking. Here's a neat FAQ staking article. TLDR : You lock up coins, that may be used to support the network and for this, you get rewarded with newly minted coins. 🤓
Let me know if you have any questions,
Val from Kraken. 🐙
Daily reminder that kraken published article on moons , once mainnet i suppose moons will be listed soon and guess what that will do for the price. Once other exchanges listings and more use cases and bullrun. Potential is so high it's bonkers.
1.5% is standard?
0.26% trading fee on Kraken (https://www.kraken.com/features/fee-schedule) plus $4-$35 for withdrawal (https://support.kraken.com/hc/en-us/articles/360000423043-Fiat-currency-withdrawal-options-fees-minimums-and-processing-times-)
>Will they offer proof of reserve, or become yet another shady fractional reserve bank, exactly what Satoshi was trying to prevent?
They are way way way ahead of you....they've done this for years. https://www.kraken.com/en-us/proof-of-reserves-audit
Secondly do you understand what the WY law requires? (I suppose not). The state requires FULL RESERVES, so this is 10x better than literally any other exchange right now as there is full force of law mandating that all assets must be completely backed and no rehypothecation.
No, that's the highest in Canada.
Coinsquare 0.1 and 0.2%
And ezbtc is 0.3%
Kraken which deals with cad pairs. 0.16% and 0.26%
Don't use Changelly, it is a scam and their rates are terrible, they are overcharging you like mad. Use ShapeShift instead for this method.
If you want to go straight USD to XRP try Kraken and Bitstamp, these exchanges have the most volume for the USD/XRP pair.
Hope this helps! 🔷
Direct to fiat:
I think poloniex would be your best option here, you'll need to verify your account up a level or two so you can withdraw larger amounts per day. The liquidity is quite good. You could dump 150BTC worth of xmr in one trade and move the market down less than 2%.
You can get your current maximum withdrawal amount for each asset with: https://www.kraken.com/help/api#get-withdrawal-info
As I understand it, you'd like to know how much in USD you've withdrawn over a time period. Unfortunately, that's not available now. Out of curiosity, why do you prefer to know how much has been used rather than how much is still withdrawable?
Kraken and Coinbase do virtually all of this, too and I expect Bitstamp and a few Chinese exchanges to properly do security, too. Although almost all exchanges have bounty programmes (get paid for reporting a bug), it's the first time I've heard of Crowdcruity though, nice move.
For example, Kraken:
Proof of solvency is quite unique, many exchanges do them, but not daily, usually like every 3 months. Doing it daily helps because theoretically one could borrow the funds once every few months to prove there are enough bitcoins, then immediately give them back. Real-time proof of solvency would be much harder in that regard, and daily proofs are a great start.
I absolutely applaud VoS, they do amazing things.
Okay. Dogecoin.com recommends the following exchanges as a place where you can trade between Bitcoins and Dogecoins:
> * https://www.kraken.com/ (USA)
> * https://www.vaultofsatoshi.com/ (Canadian)
Hi u/papercut07 👋🏻,
Val from Kraken here, I hope you don't mind me jumping in 🤓
I just wanted to note, that everyone can access to our newsletters and information pieces.
One of the source is our Blog and the other one is the Kraken Intelligence Newsletter. 📥
Check out Kraken. It's been flawless for me. I use it in conjunction with CB.(Citizen; NY, USA)
Hi u/occamsrazorben 👋🏻,
"Why Kraken" is a good question, and we have answered to this one here.
Are you looking forward to have access to your staked ETH? 🤔 Staked ETH cannot be unstaked or transferred on the Ethereum network for an unknown period of time. This is a limitation on the Ethereum network itself.
However, we at Kraken, as a courtesy to clients who may wish to exchange their staked ETH for unstaked ETH, we provide a trading pair ETH2.S/ETH for this purpose. 🤓
You can find all the details and much more in our Ethereum 2.0 Staking FAQ.
Let me know if you have any other questions,
P.S. u/Ru9on thank you for the vouch 😉
Thanks for asking!
We keep full reservers so you may withdraw at anytime. As your funds are your own, we don’t use your funds for business expenses.
95% of all our funds are stored in cold storage. We also have audits conducted regularly, which you may verify held funds for yourself here.
If you have any more questions feel free to reach us.
Okay then why are you here? I personally trust Celsius but don’t spend my time going around looking for random crypto lending companies I don’t trust and commenting in their threads. It takes enough time staying on top of Celsius and making sure they’re doing everything I expect of them. Also it’s not shills it’s the CEO of the company and yes, as I said, I trust Alex. I don’t see the CEO of any other company publicly exposing himself, answering questions from the general public and explaining his business multiple times per week, every single week. Celsius shows more transparency and good intentions (no fees, great rates/promos, multiple AMAs per week, videos explaining every part of their business model, proof of community, etc) than anybody else. As for the licenses go ahead and show some sources to back up your claim. I don’t buy it. Celsius does everything they can to stay compliant but it’s not always so easy or black and white as there are multiple countries and regulators they deal with.
Source Alex’s tweet: https://twitter.com/mashinsky/status/1439001195067052033?s=21
Source Celsius compliance: https://celsius.network/why-trust-celsius
Source Kraken Review: https://www.kraken.com/en-us/learn/what-is-celsius-cel
Hi u/Scuba_Steve_7_7_7 👋🏻,
Can you please share with me how did you try to execute your purchase? 🤔
Our Trade tab, Kraken Pro App and trade.kraken.com would have resulted in just 0.26% in fees, and that's if you are a taker. For maker, i.e. a limit order, that fee would drop to just 0.16% even at our starting tier level. 👀
Keep me posted,
We're planning a phased launch in 2021. We’ll roll out to existing U.S. Kraken clients first and will provide more information as it becomes available. You can subscribe to https://www.kraken.com/bank for future updates.
~Johnny from Kraken
Hey genius https://www.kraken.com/en-us/features/staking-coins/ 6% yearly means you get 6% every year. It doesn't matter if you get payed weekly, monthly, daily or hourly, it's still 6% every year you baboon
A couple things you may be interested in:
* Short MOON overview (by Kraken)
* MOON price and market info (CoinGecko)
Daily reminder that Kraken has a page on moons, once moons go mainnet i expect kraken and coinbase listings pretty fast, and you can only guess what will that do for the price
I can understand your concern about fees.
You can browse the fee table here to learn more about the fee structure for each of our offerings. You can get as low as 0% depending on your volume.
For large trades, we have an OTC desk service (deeper liquidity and a private, more personalized service). If this is your case, feel free to reach us if you have any questions.
Have a nice one!
Thanks! Funny I did not find it originally when checking their website. Looks like it will be limited to the US at first.
I guess that for European customers like myself, it will not be available before a few years.
This article outlines how we protect your assets -https://www.kraken.com/features/security
Kraken currently stakes the following coins:
- Polkadot - Kusama - Cardano - Flow - Ethereum - Cosmos - Tezos - Kava - Euro - US Dollar - Bitcoin
Hope that helps, please reach out if you have any further questions.
Reddit heeft nu zijn eigen, echte crypto currency (bron 2). Karma wordt zo hoog speculatief, digitaal geld.
Ik vrees dat een socialistisch reddit nog ver weg is.
They are based in San Francisco: https://www.kraken.com/en-us/about
>Cryptowatch is a cryptocurrency charting and trading platform owned by Kraken. Our system serves live data on 400+ markets to clients around the world.
In order to buy Enjincoin (ENJ) you will first need to buy Bitcoin or Ethereum as ENJ can not currently be bought directly with Euro. In Europe, Kraken or Bitstamp are the popular exchanges for Bitcoin or Ethereum. Next step is to transfer your Bitcoin or Ethereum to Binance where you can then trade them for Enj.
For 100 Euros, you will pay around 5$ fees to transfer Btc from Kraken to Binance, then .5 % to trade btc to Enj. So around 6 Euro in fees.
For 200, around the same in fees. For 5000 Euro, around 8 euro in fees.
For a list of our security precautions please see this site:
Security is our number one concern.
As of recently, we have been backlogged with a number of support tickets that we have since caught up to. Our developers are currently working on upgrading our trading engine to accommodate the influx of users joining Kraken.
regarding kraken trading fees: https://www.kraken.com/help/fees
max maker/taker fee = 0.16%/0.26%
regarding ways to deposit/withdraw fiat on kraken: https://www.kraken.com/en-us/help/faq
"Deposit options and fees
EUR SEPA Deposit (Free) - EEA countries only
USD Bank Wire Deposit ($5 USD) - US only
EUR Bank Wire Deposit (€10) - outside US only
USD Bank Wire Deposit ($10 USD) - outside US only
GBP Bank Wire Deposit (£10) - outside US only
JPY Bank deposit (Free, ¥5,000 deposit minimum) - Japan only
CAD Wire Deposit (Free)
Withdrawal options and fees
EUR SEPA Withdrawal (€0.09) - EEA countries only
USD Bank Wire Withdrawal ($5 USD) - US only
USD Bank Wire Withdrawal ($60 USD) - outside US only
EUR Bank Wire Withdrawal (€60) - outside US only
GBP Bank Wire Withdrawal (£60) - outside US only
JPY Bank withdrawal (¥20) - Japan only
CAD EFT Withdrawal ($10 CAD fee, $25K CAD daily max) - Canada only"
I assumed USD wires were never available to non-US customers.
>Withdrawal options and fees
EUR SEPA Withdrawal (€0.09) - EEA countries only
USD Bank Wire Withdrawal ($5 USD) - US only
Deposit (fiat) $100,000.00
Deposit (crypto) No limit
Withdraw (fiat) $100,000.00
Withdraw (crypto) $100,000.00
Deposit (fiat) $500,000.00
Deposit (crypto) No limit
Withdraw (fiat) $500,000.00
Withdraw (crypto) $500,000.00
Regarding exchanges, check out Kraken and Poloniex.
They're working on making it more user-friendly, it's just that the first priority was getting the network in production and shaking out any problems. Bitcoin wasn't too user-friendly in its first year, either.
> Kraken FAQ says that Bitcoin funding is free (only pay network fees)
Where does it say this? Having trouble finding it.
It says withdrawal fee is 0.0005 BTC here: https://www.kraken.com/help/faq#withdrawal-methods
Not sure what the audit will entail, but they're working on an audit right now. Expected to see it this week, time will tell.
Their https://www.kraken.com/security/practices look fucking awesome though. But again, no proof. Also, their legal team does great things. Constance Choi has been doing great things. They're the type of people I'd love to work with.
But the jury is still out on where I stand. I use Kraken, love it, but have never seen any proof of anything. Hope the audit will help improve that situation.
The things I dislike about Kraken as a user on the verge of signing up for the site:
Good points I can find:
All said, I signed up with Vircurex and it feels more right, subjectively.
bitstamp or kraken.
i'd go for kraken; i did. has a great online help (https://www.kraken.com/help/faq#trading), clean ui with lots of data (https://www.kraken.com/market you don't have to rely on 3rd parties like bitcoinwisdom) and protects you eg. by blocking too large market orders. and they do litecoin too! the low volume slows you down, which might be a good thing starting out. eu/sepa transfers are fast (1-3 days) and thy have a system with stages of verification to get you started fast. just a name and phone number iirc and you are good to go with virtual currencies. verify more to increase limits and enable bank transfers.
Another happy Kraken user here. Their website is simply amazing, tons of great features, market orders, etc.. Also take a look at their Security Practices page (https://www.kraken.com/security/practices), everything seems pretty solid there.
Hi u/bnm777 👋🏻,
You may deposit directly GPB to your Kraken account.
Also, I am not sure of what path the above mentioned website has went for, but our Kraken Pro fees are on the competitive side. 🙂
> Gas fee refers to the fee required to successfully conduct a transaction on the Ethereum blockchain. Gas fees are paid in Ethereum's native currency Ether (ETH) and denominated in gwei.
You can track the current gwei level on https://etherscan.io/gastracker
As for starting amount, no amount is too small. Best advice you’ll ever get is to always use DCA (dollar cost averaging) when investing (and transferring back to fiat eventually) to ensure you make the most money and limit volatility over the long term. Kraken have a good beginner guide: https://www.kraken.com/en-gb/learn/finance/dollar-cost-averaging
Buy on Kraken
Kraken - they meet your requirements on customer service, low fees, stability, and staking. They offer some coins that Coinbase doesn't as well, like XMR and NANO: https://www.kraken.com/en-us/prices?quote=USD
Thanks for the mention, Kraken is an exchange, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading or staking, but we do not provide a personal wallet service
As with most exchanges, funds sent to deposit addresses are moved to cold storage and hot wallets. Withdrawals are handled by the hot wallet and not the deposit address; the sending address for withdrawals will be different than the deposit address.
Hope that helps clear a few things up.
Summer form Kraken 🐙
I love Kraken's explanation on DeFi! https://www.kraken.com/learn/what-is-decentralized-finance-defi
My most reliable source for finding up and coming DeFi projects has been keeping track on new exchange listings