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Topic: Question about Kraken (Read 655 times)

sr. member
Activity: 484
Merit: 250
HubrisOne
September 02, 2014, 02:07:14 AM
#4
Kraken based in U.S., they know more about laws in different states
sr. member
Activity: 364
Merit: 250
September 01, 2014, 06:07:24 PM
#3
How come they don't allow customers to deposit/withdraw from certain states within the U.S.?  How come coinbase allows every state as well as bitstamp?
because kraken wants to be sure to make everything correct and only with the correct licenses. If they don't have all licenses to operate everywhere in the U.S, then they do not offer their services there.  (also from germany it was several month not possible).
That is what I think. To have a 100% correct answer, just ask Dargo in the Kraken thread here: https://bitcointalksearch.org/topic/ann-krakencom-exchange-with-usd-eur-gbp-jpy-cad-btc-ltc-xrp-nmc-xdg-str-eth-290799
I think it also has to do with how they are setup to receive money. Their payment processors likely would pass along higher costs to them if they were receiving money from the US.
legendary
Activity: 2926
Merit: 1131
September 01, 2014, 05:41:42 PM
#2
How come they don't allow customers to deposit/withdraw from certain states within the U.S.?  How come coinbase allows every state as well as bitstamp?
because kraken wants to be sure to make everything correct and only with the correct licenses. If they don't have all licenses to operate everywhere in the U.S, then they do not offer their services there.  (also from germany it was several month not possible).
That is what I think. To have a 100% correct answer, just ask Dargo in the Kraken thread here: https://bitcointalksearch.org/topic/ann-krakencom-exchange-with-usd-eur-gbp-jpy-cad-btc-ltc-xrp-nmc-xdg-str-eth-290799
legendary
Activity: 1274
Merit: 1000
The Golden Rule Rules
September 01, 2014, 05:00:50 PM
#1
How come they don't allow customers to deposit/withdraw from certain states within the U.S.?  How come coinbase allows every state as well as bitstamp?
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