Which exchange are you using?

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Which exchange are you using?

I definitely need a new exchange. Usually I used to use Kraken. But today they seriously took my money hostage in silence, not even a notification. Its horrendous.

What happened? Well I deposited money to my kraken account via SEPA Instant Transfer..my usual experience with this was that I execute the order and 5-15 minutes later it was credited on my kraken account.

Not this time though. Noooo. After 2 hours I got worried and contacted the support. Little did I know apparently all of a sudden after 7 years being a customer my proof of funds wasn’t sufficient anymore and kraken just took my funds hostage – in silence – no warning, no notification not even a mail that told me I have to provide updated documentation. Nada!

Now. I did provide a current payslip.now. And now it’s stuck in verification alongside my money and everything that is still in open positions.

Get rekt kraken. I seriously hope my funds get credited asap and I don’t have to sue to get my shit back.

Anyhow, back to my main question: which exchange do you use and trust? Is kraken still “the best” despite their unbelievable downgrade in user-friendlyness and increase in scummy scam feeling?

Enlighten me – please.

I don’t want anyone including myself to experience shit like this ever again in the future. Thanks for coming to my Tedtalk (more like Ted rant)

Oshini Perera Answered question November 4, 2024
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i’ve been using NEXO for several years beside Kraken. Can recommand it…

Oshini Perera Answered question November 4, 2024
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