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Topic: Legitimacy of Paxful, Kraken, LocalBitcoins, other - page 2. (Read 254 times)

mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Got verified on Kraken. Is this legitimate? What about Paxful?

Kraken is one of the most reputable exchanges we have right now, even more reputable than Coinbase in terms of public opinion. Paxful? It's a legitimate company and service, but not sure about reputation.

By the way, probably minimize the exchanges you're using and the KYC/AML documents you're submitting. The more exchanges or services in general that has access to your personal documents, the higher the chances of them getting leaked some time in the future.
newbie
Activity: 28
Merit: 5
Obviously coinbase is well known. It also has high fees.

LocalBitcoins has no fees to buyers. But there are fees because the sellers charge big markups, not to mention a tremendous amount of verifications to send them. I'd be worried about identity theft more than getting ripped off on bitcoins.

Got verified on Kraken. Is this legitimate? What about Paxful?

Any other more recommended?

Binance is not possible for now. I have to get a new ID with my current address since I've moved since I got my ID. Stupid policy.
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