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Topic: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH - page 12. (Read 628584 times)

copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
Just wanted to say that I'm glad for having Kraken as my main exchange!
The incident with Cryptopia made me realise that! Tongue

Keep going strong guys!

LOL, same case here. Through Kraken got a difficult time before, they rock solid now. I like when the things work as they should be Smiley


Though international individuals do not currently have any USD funding options available, we expect this to change soon.



This would be good and about time. How far away is it?

Also, how can we ensure that what happened to Quadriga is impossible at Kraken? That no single person's disappearance/death or bad intentions stuffs everyone and the exchange. And no empty cold wallets and other shady happenings.

Kraken is too big to have the same scenario happen. There is not only 1 guy mainly managing everything alone from IT to management.
They have many workers with a much complex structure.
jr. member
Activity: 59
Merit: 2
This would be good and about time. How far away is it?

Unfortunately we’re unable to provide any specific ETAs at the moment, however an announcement will be made here once it becomes available.

Also, how can we ensure that what happened to Quadriga is impossible at Kraken? That no single person's disappearance/death or bad intentions stuffs everyone and the exchange. And no empty cold wallets and other shady happenings.

At Kraken, safeguarding your funds has and always will be a top priority of ours. We have multiple mechanisms in place to ensure a situation like this would never occur on Kraken.
jr. member
Activity: 69
Merit: 2


Though international individuals do not currently have any USD funding options available, we expect this to change soon.



This would be good and about time. How far away is it?

Also, how can we ensure that what happened to Quadriga is impossible at Kraken? That no single person's disappearance/death or bad intentions stuffs everyone and the exchange. And no empty cold wallets and other shady happenings.
full member
Activity: 728
Merit: 169
What doesn't kill you, makes you stronger
Just wanted to say that I'm glad for having Kraken as my main exchange!
The incident with Cryptopia made me realise that! Tongue

Keep going strong guys!
jr. member
Activity: 59
Merit: 2
We’re offering a $100,000 reward for discovery of Quadriga coins

About a month ago, on January 26, QuadrigaCX (a Canadian crypto exchange with clients around the world) suspended operations. Seven weeks prior, their CEO passed away suddenly and unexpectedly, leaving the business without a continuity plan. Supposedly, he was the only person who knew the location of and/or could access the client funds (fiat and crypto) totaling approximately $190 million US dollars (belonging to 115,000 clients). Some say the events and circumstances surrounding this case are too suspicious to be believed.

In response, Kraken is giving up to $100,000 USD (fiat or crypto) as a reward for the tip(s) that best lead to the discovery of the missing $190 million US dollars. For more details, please read our most recent blog post: https://blog.kraken.com/post/2155/were-offering-a-100000-reward-for-discovery-of-quadriga-coins/
jr. member
Activity: 59
Merit: 2
To be specific, it is available to Tier 4 US individuals, US corporations and lastly, International corporations. Stating the obvious here but, US individuals and Corporations are covered by lower Tiers ANYWAY. What is glaringly obvious, is that International individuals are not covered even in Tier 4 UNLESS they change their account type to an International Corporation. So regardless of your tier, international individuals are shit out of luck and have been for a year.

With the world being your oyster and numerous banks in the US it would not take a year to establish such a relationship and that is a fact. All your competitors are also proof of this fact in how quickly they are able to 'establish' these banking relationships all over the planet including within the US.

Sampam,

Though international individuals do not currently have any USD funding options available, we expect this to change soon.

When does the team plan to honor the CAVIRTEX shareholders on Havelock from the takeover back in 2016 when the statement said they will be made "whole" at the time.  It has been almost 3 years and as far as I know no one is "whole" yet.

Superbit,

There are no updates for Cavitrex shareholders at this time.
hero member
Activity: 763
Merit: 500
When does the team plan to honor the CAVIRTEX shareholders on Havelock from the takeover back in 2016 when the statement said they will be made "whole" at the time.  It has been almost 3 years and as far as I know no one is "whole" yet.
jr. member
Activity: 69
Merit: 2
Going into a year now and EVERY exchange has expanded their offerings and allow for International USD including bitstamp, gemini, coinbase, bitfinex, bittrex, binance and just recently CEX.

What the hell is Kraken doing for almost a year that it is unable to do the same? (offers it for US residents or tier 4 50k US person/business or International business)

Sampam,

As you've mentioned, international USD funding is currently available to Tier 4 clients, however we can understand your frustration as there are transaction minimums to utilize the method.

Though we have no updates at the moment, we are still working on establishing new banking relationships that would re-enable international USD funding to both Tier 3 / 4 clients and remove the required high transaction minimums.

To be specific, it is available to Tier 4 US individuals, US corporations and lastly, International corporations. Stating the obvious here but, US individuals and Corporations are covered by lower Tiers ANYWAY. What is glaringly obvious, is that International individuals are not covered even in Tier 4 UNLESS they change their account type to an International Corporation. So regardless of your tier, international individuals are shit out of luck and have been for a year.

With the world being your oyster and numerous banks in the US it would not take a year to establish such a relationship and that is a fact. All your competitors are also proof of this fact in how quickly they are able to 'establish' these banking relationships all over the planet including within the US.
jr. member
Activity: 59
Merit: 2
Going into a year now and EVERY exchange has expanded their offerings and allow for International USD including bitstamp, gemini, coinbase, bitfinex, bittrex, binance and just recently CEX.

What the hell is Kraken doing for almost a year that it is unable to do the same? (offers it for US residents or tier 4 50k US person/business or International business)

Sampam,

As you've mentioned, international USD funding is currently available to Tier 4 clients, however we can understand your frustration as there are transaction minimums to utilize the method.

Though we have no updates at the moment, we are still working on establishing new banking relationships that would re-enable international USD funding to both Tier 3 / 4 clients and remove the required high transaction minimums.
jr. member
Activity: 69
Merit: 2
Going into a year now and EVERY exchange has expanded their offerings and allow for International USD including bitstamp, gemini, coinbase, bitfinex, bittrex, binance and just recently CEX.

What the hell is Kraken doing for almost a year that it is unable to do the same? (offers it for US residents or tier 4 50k US person/business or International business)

The "same" is what exactly? Because i don't understand what you are trying to say...
Reading your post is like...solving a puzzle! Roll Eyes

Obviously, offer International USD fiat deposits and withdrawals just like all of its competitors. This was an option that was removed a year ago next month and have been 'promising' to work on it since. Meanwhile, all of its competitors listed have managed to do that AND expand their offerings.
legendary
Activity: 2912
Merit: 1103
This is what I do. I drink and I know things.
Going into a year now and EVERY exchange has expanded their offerings and allow for International USD including bitstamp, gemini, coinbase, bitfinex, bittrex, binance and just recently CEX.

What the hell is Kraken doing for almost a year that it is unable to do the same? (offers it for US residents or tier 4 50k US person/business or International business)

The "same" is what exactly? Because i don't understand what you are trying to say...
Reading your post is like...solving a puzzle! Roll Eyes
jr. member
Activity: 69
Merit: 2
Going into a year now and EVERY exchange has expanded their offerings and allow for International USD including bitstamp, gemini, coinbase, bitfinex, bittrex, binance and just recently CEX.

What the hell is Kraken doing for almost a year that it is unable to do the same? (offers it for US residents or tier 4 50k US person/business or International business)
newbie
Activity: 4
Merit: 0
Kraken-Chase, thank you. I am glad that the team is working on re-enabling them.
jr. member
Activity: 59
Merit: 2
Hi,
Because it is not possible to place both a stop loss and take profit using a conditional close and I suppose you can't have two orders with the same asset in the same time (for example, two sell orders for that same - 1 eth you bought), I would very much like old Combined Order Types back, at least one - Stop Loss, Take Profit Limit. Am I missing something? Besides Combined Order Types Smiley

Aeks,

Stop Loss Limit, Take Profit Limit, and other combined advanced order types are still unavailable at this time - as the team is still working on re-enabling these order types. Unfortunately, we do not currently have an estimated time on when they will be re-enabled, however.
newbie
Activity: 4
Merit: 0
Hi,
Because it is not possible to place both a stop loss and take profit using a conditional close and I suppose you can't have two orders with the same asset in the same time (for example, two sell orders for that same - 1 eth you bought), I would very much like old Combined Order Types back, at least one - Stop Loss, Take Profit Limit. Am I missing something? Besides Combined Order Types Smiley
jr. member
Activity: 59
Merit: 2
Nice acquisition you got with Crypto Facilities, and a huge one. Congrats.

I have 2 questions
Crypto Facilities is regulated, right? Do we need to create another account, or there is a way to link our Kraken account to it

(On the Kraken platform you forgot to add the Yen icon to https://www.kraken.com/u/funding/withdraw)

LeGaulois,

1. Yes, Crypto Facilities is authorized and regulated by the UK Financial Conduct Authority.

2. You do not need to create a new account. As gentlemand has already mentioned, you'll want to follow the steps included in the following support article: https://support.kraken.com/hc/en-us/articles/360022618012-how-to-unlock-futures-trading
legendary
Activity: 2590
Merit: 3008
Welt Am Draht
Nice acquisition you got with Crypto Facilities, and a huge one. Congrats.

I have 2 questions
Crypto Facilities is regulated, right? Do we need to create another account, or there is a way to link our Kraken account to it

(On the Kraken platform you forgot to add the Yen icon to https://www.kraken.com/u/funding/withdraw)

https://support.kraken.com/hc/en-us/articles/360022618012-how-to-unlock-futures-trading

It looks according to that like it's going to be integrated into the existing platform. Just make sure you're not one of those Americans. No one wants one of those stinking up the place.
copper member
Activity: 2828
Merit: 4065
Top Crypto Casino
Nice acquisition you got with Crypto Facilities, and a huge one. Congrats.

I have 2 questions
Crypto Facilities is regulated, right? Do we need to create another account, or there is a way to link our Kraken account to it

(On the Kraken platform you forgot to add the Yen icon to https://www.kraken.com/u/funding/withdraw)
legendary
Activity: 2674
Merit: 1082
Legendary Escrow Service - Tip Jar in Profile
Bitcoin is a peer-to-peer money system. its design is public, nobody owns or controls Bitcoin and everyone can take part. users do not need KYC.
Bank account is a banking money system. its design is governance, banks own or control accounts and people can't take part. users need KYC.

Kraken is a crptocurency exchange, users need KYC to access and use kraken services, users can not deposite, withrdaw and trade Bitcoin before KYC verification.
Kraken marging trading is done via a lending pool, users can not take part. the pool is funded by kraken money and cryptocurrency they got by taking fees frompeople. Kraken design is governance.

Bitfinex is a crptocurency exchange, users don't need KYC to access and use Bitfinex services, users can deposite, withrdaw and trade Bitcoin without KYC verification.
Bitfinex marging trading is done via a lending pool, users can take part. the pool is funded by everyone using bitfibex. Bitfinex design is public.


Was wondering how bitfinex can take that risk but it looks like your info is outdated. See: https://support.bitfinex.com/hc/en-us/articles/115003355893-Account-Verification-Individuals
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