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Is kraken.com legit? (feddit.uk)

submitted 1 week ago* (last edited 1 week ago) by [email protected] to c/[email protected]

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I want to invest in some crypto, I know that this requieres ID verification usually. Is https://www.kraken.com/ a good website for investing? Because I don't really want to send my ID to some dudes on the internet. Thank you

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[–] [email protected] 3 points 6 days ago (1 children)

Just a side-note: That ID requirement is because of the "Know-Your-Customer" thing. A helpful user pointed me to this site -> https://kycnot.me/ Helped me to quit Coinbase and own my own keys/coins on Electrum.

[–] [email protected] 3 points 6 days ago (1 children)

Thanks, how are the fees in bisq compared to coinbase and other centralized services?

[–] [email protected] 1 points 5 days ago

can't tell you about Bisq. That looked complicated af ^^ I've used EXCH and for swapping 100 $ ETH to BTC the gas was 0.96 $ a few weeks ago...