I'm personally hoping Kraken can seriously catch up soon and start offering margin trading. Where did you get this info and how far back are Kraken?
Mark
Mark
kraken are great, but the fact they are based in the united states is keeping a lot of people away from them.
This may be a stupid question, but I'm kind of new. Why would people rather use BTC-e in some mystery part of Eastern Europe than Kraken in the US? I personally think BTC-e are great and actually use all available brokers, but I would have thought the influx of new people would have been attracted to Kraken by it's "shiny" interface and a perceived level of "trustworthiness". I have been wondering this for a while now.
Its only a mystery to you because you are in the US. Kraken would be a mystery to people in Eastern Europe. They have cash as well you know.
Why do you perceive Kraken as being trustworthy? How long have they been in operation?
Actually I'm in the UK and as I said I personally have no problem using Kraken, BTC-e, Bitfinex and Mt Gox. I have my own opinions of those different exchanges, their ease of use, their accessibility and their trustworthiness...but I was not really stating my own opinions. Notice I was talking about people's "perceived level of trustworthiness", not necessarily my own. I was not being disparaging of people in Eastern Europe either, I have many relatives and friends in Eastern Europe. What I was saying was that I find it surprising that volume on Kraken has not picked up quicker because I believe that a lot of people new into Bitcoin would see Kraken as an attractive option. I'm aware that reputation is often the most selling point of a broker/exchange...I have been involved with FX trading for a long time and have seen the reputations of brokers rise and fall for various reasons. In my opinion you can't underestimate the draw of a "shiny" website and a even a hint of a base of operations in a large American city, London...or any of the traditional European financial cities such as Zurich or Stuttgart. It is only right that people weigh up an exchange's integrity and risk levels for themselves before they place their fiat or BTC in their accounts.
exchange, it also enjoys success because it's good. They were an early-adopting litecoin exchange, and also offer seamless fiat crosses (I've never attempted to deposit or draw fiat from them though, which sounds awkward at best).
? or maybe i dont know the others...
but it is fun to watch for 15 mins.
