[ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH - page 349.

Herp

sr. member

Activity: 294

Merit: 250

Quote from: btcx on September 09, 2013, 03:50:18 AM

Quote from: Herp on September 09, 2013, 03:47:48 AM

Quote from: apetersson on September 09, 2013, 03:40:57 AM

i think there are compelling reasons to have a strong EUR market. bitstamp seems to be stuck on dollars, because of liquidity concerns. but this creates unwanted fees for converting between dollar/euro with their bank.

this is a gap that kraken could fill.

I now see their websites says:

Quote

We offer the following deposit options:

   Bitcoin Deposit
   Litcoin Deposit
   SEPA Deposit (EUR only)
   Bank Wire Transfer (EUR only)
   Other deposit options (including USD deposits) coming soon.

So I guess USD deposits are coming but no ETA on that. No mention of other currencies.

Actually, you can wire us USD (and just about anything else) to our EUR account but it'll be converted to EUR and you'll be credited with EUR, and when you withdraw we'll send out EUR. So, you may lose some on the exchange rate back and forth. We'll eventually offer a number of other reserve currencies so you won't be forced to do the conversion and trade in EUR.

Nice. Won't hurt to specify that though. No way for customers to know. Most EURO accounts can't covert USD or other currencies automatically upon transfer. Few banks offer such option.

btcx

vip

Activity: 302

Merit: 253

Quote from: Herp on September 09, 2013, 03:47:48 AM

Quote from: apetersson on September 09, 2013, 03:40:57 AM

i think there are compelling reasons to have a strong EUR market. bitstamp seems to be stuck on dollars, because of liquidity concerns. but this creates unwanted fees for converting between dollar/euro with their bank.

this is a gap that kraken could fill.

I now see their websites says:

Quote

We offer the following deposit options:

Bitcoin Deposit
Litcoin Deposit
SEPA Deposit (EUR only)
Bank Wire Transfer (EUR only)
Other deposit options (including USD deposits) coming soon.

So I guess USD deposits are coming but no ETA on that. No mention of other currencies.

Actually, you can wire us USD (and just about anything else) to our EUR account but it'll be converted to EUR and you'll be credited with EUR, and when you withdraw we'll send out EUR. So, you may lose some on the exchange rate back and forth. We'll eventually offer a number of other reserve currencies so you won't be forced to do the conversion and trade in EUR.

Herp

sr. member

Activity: 294

Merit: 250

Quote from: apetersson on September 09, 2013, 03:40:57 AM

i think there are compelling reasons to have a strong EUR market. bitstamp seems to be stuck on dollars, because of liquidity concerns. but this creates unwanted fees for converting between dollar/euro with their bank.

this is a gap that kraken could fill.

I now see their websites says:

Quote

We offer the following deposit options:

Bitcoin Deposit
Litcoin Deposit
SEPA Deposit (EUR only)
Bank Wire Transfer (EUR only)
Other deposit options (including USD deposits) coming soon.

So I guess USD deposits are coming but no ETA on that. No mention of other currencies.

apetersson

hero member

Activity: 668

Merit: 501

i think there are compelling reasons to have a strong EUR market. bitstamp seems to be stuck on dollars, because of liquidity concerns. but this creates unwanted fees for converting between dollar/euro with their bank.

this is a gap that kraken could fill.

Herp

sr. member

Activity: 294

Merit: 250

This is pretty cool.

Will you allow USD deposits or deposits in other currencies just as Bitstamp does even if you can only trade in Euros?

btcx

vip

Activity: 302

Merit: 253

Quote from: Stephen Gornick on September 09, 2013, 02:53:37 AM

Ah, appears from looking at the sign up form that you are correct, I just didn't remember selecting a state.

So, let's say that somehow I selected the wrong state. Is there a way I can change the state associated with my profile?

You do have the opportunity to make a correction at the time you submit your Tier 1 info.

Quote from: myself on September 09, 2013, 03:05:13 AM

i dont think that "Republica Moldovenească Nistreană" have any laws regarding this

You're probably right. Unfortunately, it's going to be a long and ongoing process trying to localize the service. For now, we're sort of stuck catering to the requirements of the biggest markets.

Quote from: matt608 on September 09, 2013, 03:07:00 AM

Will you consider adding a BTC/PPC trading pair? Also in Safari for me the site doesn't work at all.

We'll consider it but the requirement is basically dev cost + opportunity cost < anticipated PPC trading fees. If the market is big enough, we'll add it. Which OS/version for Safari? Thanks for the report!

matt608

hero member

Activity: 868

Merit: 1000

Will you consider adding a BTC/PPC trading pair? Also in Safari for me the site doesn't work at all.

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Quote from: btcx on September 09, 2013, 02:03:52 AM

In the meantime, harass your local lawmakers.

i dont think that "Republica Moldovenească Nistreană" have any laws regarding this

dhenson

legendary

Activity: 994

Merit: 1000

Quote from: Stephen Gornick on September 09, 2013, 02:53:37 AM

Quote from: Dargo on September 09, 2013, 01:06:30 AM

I don't think you can create a US account without giving the state.

Ah, appears from looking at the sign up form that you are correct, I just didn't remember selecting a state.

So, let's say that somehow I selected the wrong state. Is there a way I can change the state associated with my profile?

Not available in Alaska. I've not seen a list of states/availability but don't choose AK ;-)

Stephen Gornick

legendary

Activity: 2506

Merit: 1010

Quote from: Dargo on September 09, 2013, 01:06:30 AM

I don't think you can create a US account without giving the state.

Ah, appears from looking at the sign up form that you are correct, I just didn't remember selecting a state.

So, let's say that somehow I selected the wrong state. Is there a way I can change the state associated with my profile?

btcx

vip

Activity: 302

Merit: 253

Quote from: myself on September 09, 2013, 01:51:13 AM

Too bad that even to make test trade one needs to give name and phone number :/ not really privacy friendly

Too bad indeed. We'll be adding a beta-like trial mode back shortly to enable people to test trading without actually having to deposit real funds and provide personal info. In the meantime, harass your local lawmakers.

Quote from: apetersson on September 09, 2013, 01:59:01 AM

ID verification does not seem to work. after submitting a number of times, making sure some of the technicalities are correct (btw filesize on a text-only pdf does not make much sense)
my documents never show up in the list.
also, the file picker seems bugged sometimes.

needs more UI testing i would suggest some more closed beta

Thanks for the report! We're aware of some issues with the tier 3 form and we're working to solve them now. I'll post an update and PM you directly once we have it cleared up.

UPDATE - 2013-sep-09 00:30 PDT
Tier 3 doc upload problem is believed to be solved. Please attempt to reupload any tier 3 verification docs.

apetersson

hero member

Activity: 668

Merit: 501

ID verification does not seem to work. after submitting a number of times, making sure some of the technicalities are correct (btw filesize on a text-only pdf does not make much sense)
my documents never show up in the list.
also, the file picker seems bugged sometimes.

needs more UI testing i would suggest some more closed beta

myself

legendary

Activity: 938

Merit: 1000

chaos is fun...…damental :)

Too bad that even to make test trade one needs to give name and phone number :/ not really privacy friendly

btcx

vip

Activity: 302

Merit: 253

Quote from: kneim on September 09, 2013, 01:19:39 AM

Where are you located?

Most of the team is in San Francisco, CA.

kneim

legendary

Activity: 1666

Merit: 1000

Where are you located?

btcx

vip

Activity: 302

Merit: 253

Quote from: dhenson on September 09, 2013, 12:31:50 AM

Quote from: btcx on September 08, 2013, 10:53:28 PM

Lube up—this is going to be no different than opening a bank account.

This statement alone is going to make me use your service... so much win.

We'll see how you feel after you've been thoroughly probed Tongue

Quote from: Zangelbert Bingledack on September 09, 2013, 12:32:33 AM

This should be your mascot, with this as the background music.

oh man, that takes me back. great suggestion!

Dargo

legendary

Activity: 1820

Merit: 1000

Quote from: stslimited on September 09, 2013, 01:03:04 AM

what are VEN pairs?

http://en.wikipedia.org/wiki/Ven_(currency)

A Ven pair is just a currency pair that has Ven as one of the pairs - i.e. BTC/Ven

Dargo

legendary

Activity: 1820

Merit: 1000

Quote from: gweedo on September 09, 2013, 12:57:37 AM

Quote from: btcx on September 08, 2013, 10:53:28 PM

In most US states, including California and New York, we offer no services.

Guess I will not be able to try your service out. Good luck with your venture!

Well, keep in touch, hopefully you'll be able to use our service soon!

Dargo

legendary

Activity: 1820

Merit: 1000

Quote from: Stephen Gornick on September 09, 2013, 12:47:32 AM

> In most US states, including California and New York, we offer no services.

I get the notice stating:
"Unfortunately, we cannot offer our services in your area at this time. " without actually sharing which U.S. state I am from.

Was that decision made based on the IP address? If so, that's not really accurate at the granularity of states.

Incidentally, ... nice work. I mean really, ... nice job! Asking for my PGP (GPG) key so you can encrypt my e-mails? Why isn't everyone doing that? And two-factor. Not just letting me configure it to require two-factor on withdrawals, but giving me the option to have a separate 2FA OTP for trading than the one I have for withdrawals. Very impressive stuff!

I don't think you can create a US account without giving the state. The state field may have been auto-filled and you didn't notice. Thanks for the compliment and stay tuned - we are working hard to bring our services to more US states.

I work for Payward (Kraken) as vouched for here:

https://bitcointalksearch.org/topic/m.1996470

stslimited

hero member

Activity: 546

Merit: 500

what are VEN pairs?

Topic: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH - page 349. (Read 628889 times)