Coinbase Review (2020 Updated) - IMPORTANT- Read Before Using

I just started using and selling on paxful and my bank just called me to tell me my bank account is closed

A financial analyst from us bank called me today to tell me that my account will be closed because of funds being deposited into my account through zelle were deemed as fraudulent. They are also going to take away any money i made. So essentially I'm going to be losing a ton of money. This is my only bank account and I have no idea what to do. Sites like paxful are completely legal. I was vending bitcoin and making transactions through zelle, only releasing bitcoin after funds were deemed as deposited. How is this possible? How was I supposed to know that the money coming in was fraudulent?

***Update: so at this point the only way i can get access to the bank account is if the branch manager where I first enrolled with us bank lifts the lock. I am calling her tomorrow, which is in a few hours. Any suggestions on how I should I approach the phone call?
****Update 5/21/2020: I called the branch and they said the manager isn't going to be available till tuesday because she's on vacation. I have rent due on saturday so I told them if we don't remove this lock I'm going to call the police.
*****Update 5/21: One of the local branch manager stepped in and gave me a call back. Did not go well. Said that a decision has been already made to close the account. I asked him by who and when and he just kept saying a decision has been made to close the account over and over again. I called into support and they said they don't see a decision noted on the account yet. Maybe I should wait for the original branch managers to get back from vaca?
*****Update 5/22: Received this notification from coinbase today: "Your recent purchase failed. Until resolved, your ability to trade and transact is disabled.After 5 days, we will automatically sell cryptocurrency in your account to collect any outstanding payments." This is regarding me trying to buy 1000 worth of bitcoin through ach transfer earlier this week before lock happened. I spoke with a us banker and she said that the 1000 is still posted as paid on my account. If it didn't go through coinbase, wouldn't it be credited back to my bank account? Also received an email from coinbase today: "Due to suspicious activity on your account, we have increased the holding time before you can withdraw your funds by 9 business days. This is meant to protect you against fraud by ensuring that you authorized this purchase. No action is required on your part." I am confused as to what coinbase has to do with any of this other than me simply buying bitcoin on there.
There are a few of you that recommended I stop into the bank in person. I am not in Iowa. I am in Washington state. The only way i can contact original branch is over the phone. That branch manager is gone till Tuesday. However, that branch had me speak with one of the local branch managers, who i spoke with today, and he said that the decision has been made to close the account and he doubts that me speaking with original branch manager is going to change anything based on the info he's gotten from efraud. Iowa branch manager said hold could take some time because they are investigating all the transactions made. There were 11 of them made over a four day period.
I was on the phone with local Washington state banker while on the phone with iowa branch manager through conversation. Washington state banker suggested for iowa branch manager to reach out and email original branch manager which he ended up doing. Other than suggesting that there's probably nothing the original branch manager can do and suggesting that it will may take sometime for investigation, that was the end of the conversation.
Looks like we're gonna have to wait till Tuesday.
Also this dude marcbago played two face, tried to give advice on here and went on to make fun of me and refers to me as a "ringleader of a laundering scheme." Definition of a Judas. Here's his post: https://old.reddit.com/Buttcoin/comments/gokp6n/user_is_shocked_to_find_their_bank_account_has/
submitted by browniverson400 to Bitcoin [link] [comments]

The events of a SIM swap attack (and defense tips)

Posted this on Coinbase and someone recommend it also be posted here. The information below on an attempted SIM swap attack was pieced together through a combination of login and security logs, recovering emails initiated by the attacker that were deleted and then deleted again from the trash folder, and learning from AT&T’s fraud representatives. The majority if this is factual, and we do our best to note where we are speculating or providing a circumstantial suspicion. TLDRs at the bottom.
The full story:
We were going about our business and received a text from AT&T that says “…Calls & texts will go to your new phone/SIM card. Call 866-563-4705 if you did not request.” We did not request this, and were suspicious that the text itself could be a phishing scam since we searched the phone number and it wasn’t overtly associated with AT&T. Thus, we tried calling AT&T’s main line at 611 but all we hear is beep beep beep. The phone number is already gone. We use another phone to call AT&T and at the same time start working on our already compromised email.
While we didn’t see everything real time, this is what the recovered emails show. In less than 2 minutes after receiving the text from AT&T, there is already an email indicating that the stolen phone number was used to sign into our email account associated with Coinbase. 2 minutes after that, there is an email from Coinbase saying:
"We have received your request for password reset from an unverified device. As a security precaution, an e-mail with a reset link will be sent to you in 24 hours. Alternatively, if you would like your password reset to be processed immediately, please submit a request using a verified device.
This 24 hour review period is designed to protect your Coinbase account."
This is where Coinbase got it right to have a 24 hour review period (actually a recovery period) before allowing the password to be reset. However, the attackers knew this and planned to steal the second email from Coinbase by setting email rules to forward all emails to a burner address and also have any emails containing “coinbase” re-routed so they don’t appear in the Inbox. 5 minutes later, they request a password reset from Gemini and the password was reset to the attacker’s password within a minute after that. The next minute they target and reset DropBox’s password followed immediately with Binance. Less than 2 minutes later, an email from Binance indicates that the password has been reset and another email arrives a minute later indicating a new device has been authorized.
It’s at this point that we begin locking the attacker out by (1) removing the phone number as 2FA (2) changing the email password, (3) and three forcing a logout of all sessions from the email. There was a bit of back and forth where they still had an active login and re-added the stolen phone number as 2FA.
They added only one more password reset to a gaming account that was not deleted. I can only suspect that was a decoy to make it look like the attack was directed at gaming rather than finances.
The Gemini and Binance accounts were empty and effectively abandoned, with no balances and inactive bank accounts (if any), and no transactions in 1-3 years. DropBox had no meaningful files (they probably look for private keys and authenticator backups) and the phone number they stole from us was suspended, so as far as the attacker is concerned, there is no meat on this bone to attack again… unless they had inside information.
This is where I suspect someone internal at Coinbase receiving wire deposits has been compromised in tipping off ripe accounts – accounts with new and somewhat large balances. We had completed a full withdrawal of funds from Coinbase earlier in the year, and had a balance of less than $20 heading into May. Deposits to Coinbase staggered in to get above six figures through mid-May then stopped. The attack occurred 7 days after the last large wire deposit was made to Coinbase.
From the perspective of an attacker that had no inside information, we were a dead end with abandoned Gemini and Binance accounts with zero balances and stale transactions, no DropBox information, and the suspended phone number access. Our Coinbase deposits were known to no one except us, Coinbase, and our bank. We were also able to stop the hacker’s email forwarding before Coinbase’s 24 hour period to send the password reset, so this one didn’t work out for the attackers and it would make sense for them to move on to the next rather than put efforts into a second attack only for Coinbase - for what would appear to be a zero-balance Coinbase account based on the other stale accounts.
Then…23 hours and 42 minutes after the first attack, another message from AT&T “…Calls & texts will go to your new phone/SIM card. Call 866-563-4705 if you did not request.” Here we go again. We had been confident in AT&T’s assurances that our account had been locked and would not be SIM swapped again, so we unwisely added the phone number back to our email account as a backup (it’s now removed permanently and we use burner emails for account recovery like we should have all along).
Upon seeing that our phone number had been stolen again I knew they were after the Coinbase reset email that was delayed by 24 hours from Coinbase as part of their security. We did 4 things within 2 minutes of that text: (1) removed the phone number again from the email account – this time for good, (2) market sell all Bitcoin on Coinbase, (3) withdraw from Coinbase, (4) have AT&T suspend service on the phone line.
In speaking with AT&T, they were floored that our SIM would be transferred again in light of all the notes about fraud on the account and the PIN being changed to random digits that had never been used by us before. Based on the response of disbelief from AT&T on the second port, I suspect that this attack also involved a compromised AT&T employee that worked with the attacker to provide timely access to the Coinbase password reset email. Apparently, this has been going on for years: https://www.flashpoint-intel.com/blog/sim-swap-fraud-account-takeove
with phone carrier employees swapping SIMs for $80s a swap.
Remember that most of this was hidden in real time, and was only known because we were able to recover emails deleted from Trash by the attacker.
Since we require any withdrawals to use Google Authenticator on Coinbase, our funds may have been secure nonetheless. However, under the circumstances with attackers that were apparently working with insiders to take our phone number twice in attempts to steal Bitcoin, and it being unknown if they had additional tools related to our Google Authenticator, we decided it was safer on the sidelines. The coins were held on the exchange for a quick exit depending on whether Bitcoin was going to break up or down from $10,000. A hardware wallet is always safest, but we were looking to time the market and not have transaction delays.
For some some security recommendations:
AT&T: If you are going to send a text saying that calls and texts are moving to a new number, provide a 10 minute window for the phone number to reply with a “NO” or “STOP” to prevent the move. This can escalate the SIM dispute to more trusted employees to determine who actually owns the line. Don’t let entry level employees swap SIMs.
Coinbase: Do not default to phone numbers as 2FA. Also, if someone logs in successfully with the password before the 24 hours are up, the password is known and there is no need to send the password reset email again for attacker to have forwarded to them. At least have an option to stop the password reset email from being sent. We did not tag our account at Coinbase with fraud because of the stories of frozen funds once an account is tagged. I’m not sure what the solution is there, but that is another problem.
Being a trader, it would be nice to think of Coinbase as any other type of security brokerage where your assets are yours (someone can’t steal your phone number and transfer your stocks to their account). We fell into that mindset of security, yet this experience has reminded us of the uniqueness of cryptocurrency and the lack of custodial assurance and insurance from exchanges because of the possession-is-everything properties of cryptocurrency.
As many have said before, 2FA with a phone number quickly becomes 1-factor authentication as soon as that phone number is associated with password recovery on your email or other accounts. Our overall recommendation is to avoid having a phone number associated with any recovery options across all your accounts.
TLDR on the process:
Scammers will steal your phone number (in our case twice in 24 hours) and use your phone number to access your email and accounts. They will use your email to reset passwords at financial accounts and file hosting such as DropBox. They will then use that combination to transfer any assets they can access from your accounts to theirs. They will do their best to hide this from you by
(1) not resetting your email password so as to raise suspicion,
(2) immediately delete any password reset emails you may receive from financial accounts to hide them from you,
(3) attempt to forward all emails sent to your address to a burner email, and
(4) set email rules to forward emails containing “coinbase” to an email folder other than your Inbox so that you don’t see the transactions and password reset emails that arrive to your inbox.
TLDR on defense tips: If your phone stops working or you receive a text of your number being ported do the following as soon as possible:
(1) log into your email account(s) associated with your financial accounts and remove your phone number as 2FA immediately
(2) change your email password,
(3) force a logout of all sessions from your email (at this point you have locked them out), then
(4) check your mail forwarding settings for forwards to burner addresses,
(5) check your mail rules for rerouting of emails from accounts such as Coinbase, and
(6) call your carrier to have them suspend service on your lost phone number and ask them to reinstate your SIM or get a new SIM. This will require a second phone because your personal phone number has been stolen.
We hope this helps some others be safe out there in protecting their coins. The more we know, the more we can protect ourselves. Wishing you all the best!
submitted by etheregg to CryptoCurrency [link] [comments]

The events of a SIM swap attack directed at Coinbase (and defense tips)

The information below on an attempted SIM swap attack was pieced together through a combination of login and security logs, recovering emails initiated by the attacker that were deleted and then deleted again from the trash folder, and learning from AT&T’s fraud representatives. The majority if this is factual, and we do our best to note where we are speculating or providing a circumstantial suspicion. TLDRs at the bottom.
The full story:
We were going about our business and received a text from AT&T that says “…Calls & texts will go to your new phone/SIM card. Call 866-563-4705 if you did not request.” We did not request this, and were suspicious that the text itself could be a phishing scam since we searched the phone number and it wasn’t overtly associated with AT&T. Thus, we tried calling AT&T’s main line at 611 but all we hear is beep beep beep. The phone number is already gone. We use another phone to call AT&T and at the same time start working on our already compromised email.
While we didn’t see everything real time, this is what the recovered emails show. In less than 2 minutes after receiving the text from AT&T, there is already an email indicating that the stolen phone number was used to sign into our email account associated with Coinbase. 2 minutes after that, there is an email from Coinbase saying:
"We have received your request for password reset from an unverified device. As a security precaution, an e-mail with a reset link will be sent to you in 24 hours. Alternatively, if you would like your password reset to be processed immediately, please submit a request using a verified device.
This 24 hour review period is designed to protect your Coinbase account."
This is where Coinbase got it right to have a 24 hour review period (actually a recovery period) before allowing the password to be reset. However, the attackers knew this and planned to steal the second email from Coinbase by setting email rules to forward all emails to a burner address and also have any emails containing “coinbase” re-routed so they don’t appear in the Inbox. 5 minutes later, they request a password reset from Gemini and the password was reset to the attacker’s password within a minute after that. The next minute they target and reset DropBox’s password followed immediately with Binance. Less than 2 minutes later, an email from Binance indicates that the password has been reset and another email arrives a minute later indicating a new device has been authorized.
It’s at this point that we begin locking the attacker out by (1) removing the phone number as 2FA (2) changing the email password, (3) and three forcing a logout of all sessions from the email. There was a bit of back and forth where they still had an active login and re-added the stolen phone number as 2FA.
They added only one more password reset to a gaming account that was not deleted. I can only suspect that was a decoy to make it look like the attack was directed at gaming rather than finances.
The Gemini and Binance accounts were empty and effectively abandoned, with no balances and inactive bank accounts (if any), and no transactions in 1-3 years. DropBox had no meaningful files (they probably look for private keys and authenticator backups) and the phone number they stole from us was suspended, so as far as the attacker is concerned, there is no meat on this bone to attack again… unless they had inside information.
This is where I suspect someone internal at Coinbase receiving wire deposits has been compromised in tipping off ripe accounts – accounts with new and somewhat large balances. We had completed a full withdrawal of funds from Coinbase earlier in the year, and had a balance of less than $20 heading into May. Deposits to Coinbase staggered in to get above six figures through mid-May then stopped. The attack occurred 7 days after the last large wire deposit was made to Coinbase.
From the perspective of an attacker that had no inside information, we were a dead end with abandoned Gemini and Binance accounts with zero balances and stale transactions, no DropBox information, and the suspended phone number access. Our Coinbase deposits were known to no one except us, Coinbase, and our bank. We were also able to stop the hacker’s email forwarding before Coinbase’s 24 hour period to send the password reset, so this one didn’t work out for the attackers and it would make sense for them to move on to the next rather than put efforts into a second attack only for Coinbase - for what would appear to be a zero-balance Coinbase account based on the other stale accounts.
Then…23 hours and 42 minutes after the first attack, another message from AT&T “…Calls & texts will go to your new phone/SIM card. Call 866-563-4705 if you did not request.” Here we go again. We had been confident in AT&T’s assurances that our account had been locked and would not be SIM swapped again, so we unwisely added the phone number back to our email account as a backup (it’s now removed permanently and we use burner emails for account recovery like we should have all along).
Upon seeing that our phone number had been stolen again I knew they were after the Coinbase reset email that was delayed by 24 hours from Coinbase as part of their security. We did 4 things within 2 minutes of that text: (1) removed the phone number again from the email account – this time for good, (2) market sell all Bitcoin on Coinbase, (3) withdraw from Coinbase, (4) have AT&T suspend service on the phone line.
In speaking with AT&T, they were floored that our SIM would be transferred again in light of all the notes about fraud on the account and the PIN being changed to random digits that had never been used by us before. Based on the response of disbelief from AT&T on the second port, I suspect that this attack also involved a compromised AT&T employee that worked with the attacker to provide timely access to the Coinbase password reset email. Apparently, this has been going on for years: https://www.flashpoint-intel.com/blog/sim-swap-fraud-account-takeove with phone carrier employees swapping SIMs for $80s a swap.
Remember that most of this was hidden in real time, and was only known because we were able to recover emails deleted from Trash by the attacker.
Since we require any withdrawals to use Google Authenticator on Coinbase, our funds may have been secure nonetheless. However, under the circumstances with attackers that were apparently working with insiders to take our phone number twice in attempts to steal Bitcoin, and it being unknown if they had additional tools related to our Google Authenticator, we decided it was safer on the sidelines. The coins were held on the exchange for a quick exit depending on whether Bitcoin was going to break up or down from $10,000. A hardware wallet is always safest, but we were looking to time the market and not have transaction delays.
For some some security recommendations:
AT&T: If you are going to send a text saying that calls and texts are moving to a new number, provide a 10 minute window for the phone number to reply with a “NO” or “STOP” to prevent the move. This can escalate the SIM dispute to more trusted employees to determine who actually owns the line. Don’t let entry level employees swap SIMs.
Coinbase: Do not default to phone numbers as 2FA. Also, if someone logs in successfully with the password before the 24 hours are up, the password is known and there is no need to send the password reset email again for attacker to have forwarded to them. At least have an option to stop the password reset email from being sent. We did not tag our account at Coinbase with fraud because of the stories of frozen funds once an account is tagged. I’m not sure what the solution is there, but that is another problem.
Being a trader, it would be nice to think of Coinbase as any other type of security brokerage where your assets are yours (someone can’t steal your phone number and transfer your stocks to their account). We fell into that mindset of security, yet this experience has reminded us of the uniqueness of cryptocurrency and the lack of custodial assurance and insurance from exchanges because of the possession-is-everything properties of cryptocurrency.
As many have said before, 2FA with a phone number quickly becomes 1-factor authentication as soon as that phone number is associated with password recovery on your email or other accounts. Our overall recommendation is to avoid having a phone number associated with any recovery options across all your accounts.
TLDR on the process:
Scammers will steal your phone number (in our case twice in 24 hours) and use your phone number to access your email and accounts. They will use your email to reset passwords at financial accounts and file hosting such as DropBox. They will then use that combination to transfer any assets they can access from your accounts to theirs. They will do their best to hide this from you by
(1) not resetting your email password so as to raise suspicion,
(2) immediately delete any password reset emails you may receive from financial accounts to hide them from you,
(3) attempt to forward all emails sent to your address to a burner email, and
(4) set email rules to forward emails containing “coinbase” to an email folder other than your Inbox so that you don’t see the transactions and password reset emails that arrive to your inbox.
TLDR on defense tips: If your phone stops working or you receive a text of your number being ported do the following as soon as possible:
(1) log into your email account(s) associated with your financial accounts and remove your phone number as 2FA immediately
(2) change your email password,
(3) force a logout of all sessions from your email (at this point you have locked them out), then
(4) check your mail forwarding settings for forwards to burner addresses,
(5) check your mail rules for rerouting of emails from accounts such as Coinbase, and
(6) call your carrier to have them suspend service on your lost phone number and ask them to reinstate your SIM or get a new SIM. This will require a second phone because your personal phone number has been stolen.
We hope this helps some others be safe out there in protecting their coins. The more we know, the more we can protect ourselves. Wishing you all the best!
submitted by etheregg to CoinBase [link] [comments]

Onefinex, BDV and Tinder scam: update

Posting for the people who got scammed since they don’t have enough karma. Written by u/moltke01 (and others):
TL;DR: scammers posing as hot girls on Tinder and other online dating apps getting men to invest in shady crypto currency. Once invested, the exchange and currency both get taken down and the money gets lost.
Here's my story plus knowledge gathered from another victim.
So the tinder part of the scam seemed innocent enough with a long "get to know each other" period prior to the COVID lockdown, before any talk about crypto came up
Read this if you haven't already because it's a good summary of things - https://www.reddit.com/CryptoCurrency/comments/gok1ud/scam_warning_onefinex_and_bdv_coin_scam_via_tinde
And then read this one too, posted by another victim of the scam - https://www.signal-arnaques.com/en/scam/view/236089
Recently, Onefinex was taken down for maintenance the day before they were supposed to ICO the BDV coin. Instead of an ICO, I was offered an exit strategy by the girl who explained she had just got herself out of it safely. She would connect me with an institutional investor who wanted to buy entire accounts so they could take Onefinex to court for fraud
Of course there's a fee I paid for this professional service to one of her business associates, but it was a way out so I took it. Considering I had 84x'd my initial investment I figured okay this is worth paying for so I can keep my gains (I turned $700 into $63,000 so... 90x?)
The buyer was paying me in BTC but would only pay on the Dlexcoin.com exchange because that's where his BTC was so I made an account there. Anyway I was going to transfer directly to Coinbase as soon as I had the BTC so what does it matter?
So I received a bunch of Bitcoin in my Dlexcoin wallet address but when I went to withdraw the Bitcoin from Dlexcoin to Coinbase, nothing happened. Doublecheck everything for the transaction including the 2FA I just set up and nothing happened again. I kept getting an error code called "Method" so I emailed customer service and nothing...
I'm later told by the girl that "because money laundering" I can't transfer my BTC outside of Dlexcoin until I first meet a deposit threshold. And if I want the exchange to help me then I also have to bribe an admin like she did.
Well that's enough! That's where I finally got off the CryptoTinder train.
Now again, I'm a total newb to crypto and someone just turned me onto https://www.blockchain.com/explorer where I can see that my Onefinex and Dlexcoin wallets are empty. Pretty cool research tool but I wish I knew about it earlier! As soon as my BTC went in, it was transferred out just as fast, even though the exchange says its still in the exchange wallet
Additionally, the higher account security like a transaction password & 2FA that I set up was worthless. It must be that their exchange only creates the illusion that you are in control of your wallets when actually you're not, and that your accounts show balances they want you to see when they're actually empty.
So in the end, I can only conclude that the only real money in this game was mine. Everything else was smoke and mirrors. The girl's contributions, the BDV gains, the buyer's BTC, all of it faked.
The girl + BDV + Onefinex + Dlexcoin +DLTS = it's all a scam. In research provided to me by another participant, these people are connected to some other scams which seem to pop up and run for 5-6 months before shutting down
onefinex.com dlexcoin.com e-capitaloption.com sabkaprofit.com ok-1.com http://rexbd.net/html/xerohyip/demo/index.html
What's most troubling about all this is they're getting better at this. They're writing these white papers and building entire exchanges, and their recent versions of these things are becoming more sophisticated. Along with their means of targeting. They're evolving their game and at some point they'll probably release something to the masses that looks legit even to experienced people...
And hey, warning! They're pushing a coin called DLTS now so buyers beware. If anyone knows about this then please post somewhere and link back to this article
submitted by Tooslowtoohappy to CryptoCurrency [link] [comments]

Case #02334822

Update: I removed the initial post here because Coinbase addressed the fraud concern promptly and unlocked my account. I made a separate post to address the following concern, but it was removed for being a "duplicate".
I had to close my bank account on July 3rd after someone gained fraudulent access to my Coinbase account. My pending Coinbase deposits did not get processed and I had to send the money back to Coinbase through the make payments tab in the app.
I currently have no access to the preexisting funds in my account (they were there before this whole mess started). The money was originally sent to me as bitcoin and then converted (by me) to a different currency. This "old money" wouldn't have to "clear" in the same way as bank deposits do. Nonetheless, Coinbase is telling me that I am unable to withdraw or convert the funds because of the recent failed deposits. They're saying that the money (which has been on the account for several weeks) needs to clear too.
This is confusing to me because the only recent transactions on the account were the two failed deposits and that money has been sent back to coinbase, so it shouldn't be tying up the old money from before these deposits. Right?
Has anyone had any similar experience? How long did it take to get your money back?
submitted by festluva to CoinBase [link] [comments]

Top-5 Ways To Buy Bitcoin Instantly

The choice of the optimal ways to buy Bitcoin depends on three factors: how much information you want to disclose, what is the amount of the transaction and what level of security you require. However, it is almost impossible to comply with all 3 factors. So, what is the best way to buy Bitcoin?

1. Stock exchange

The best way to buy crypto is to use an exchange (Binance, Coinbase Pro, Huobi Global), where one can sell and buy digital currency from other investors. The price is set manually. In this case, the commission charged by the intermediary will not exceed 1%. The exchange provides anonymity since you don’t need to provide your ID in most exchanges. There are several options for transactions:
If you want to know how to begin investing in Bitcoin, start studying stock exchanges.

Pros:

Cons:

2. Exchanger

A crypto exchanger (Localbitcoins, Lykke, F-change) allows exchanging fiat or other tokens for BTC according to a fixed rate. It is probably the easiest way to buy crypto. The service adds a commission higher than that on the stock exchange.

Pros:

Cons:

3. ATMs for BTC

ATMs for Bitcoins only enter the market. It is enough to have the necessary amount of cash to be able to exchange it for the equivalent in BTC. Such a transaction is instant and does not require registration or other formalities. There are now over 8500 BTC ATMs around the world.

4. For cash with individuals

A hand-to-hand sale is the most private and most insecure way to buy cryptocurrency. It is lucky if you know reliable miners or crypto businessmen. Rent, salary, taxes – all this requires ordinary money, so they constantly have a need to sell mined or earned cryptocurrency. Pros – maximum anonymity of transactions. Cons – risks from dishonest partners.

5. Telegram bots

Telegram bot is an automatic script based on the search for offers and counteroffers. If someone wants to sell BTC, they send a request to the bot and it looks for a counter offer. As soon as someone sends a request for the purchase of Bitcoin, the bot will complete a transaction between these two users.

Pros:

Cons:

Disclaimer

While talking about the ways to buy Bitcoin, it is important to mention that this article doesn’t provide any advice and directions regarding the investments in particular cryptocurrencies and pursues only informative purposes.
submitted by CoinjoyAssistant to btc [link] [comments]

Spreading Crypto: In Search of the Killer Application

Spreading Crypto: In Search of the Killer Application
This is the second post of our Spreading Crypto series where we take a deep dive into what it’ll take to help this technology reach broader adoption.
Mick exploring the state of apps in crypto
Our previous post explored the history of protocols and how they only become widely adopted when a compelling application makes them more accessible and easier to use.
Crypto will be no different. Blockchain technology today is mostly all low-level protocols. As with the numerous protocols that came before, these new, decentralized protocols need killer applications.
So, how’s that going? Where is crypto’s killer application? What’s the state of application development within our industry? Today we’ll try to answer those questions. We’ll also take a close look at decentralized applications — as that’s where a lot of the developer energy and focus currently is. Let’s dive in.

Popular Crypto Applications

The most popular crypto applications today are exchanges like Coinbase and Binance — each with tens of millions of users. Other popular crypto exchanges include Kraken, Bitstamp, Gemini, and Bitfinex. In recent years, new derivatives platforms have emerged like FTX and Deribit.
The most popular crypto applications today are primarily focused on trading, speculation, and finance. This class of applications dwarfs all other types of applications in terms of users and growth. That’s either a sign of strong product/market fit, or we just haven’t yet discovered other good use-cases. Or a mix of both.
https://preview.redd.it/8rnxghfrdh551.png?width=1600&format=png&auto=webp&s=b3df8c3d87410f6b84432df79528ee4324daf04d
Beyond the fact that the most popular crypto applications are all used for speculation, another common thread is that they are all centralized.
A centralized application means that ultimate power and control rests with a centralized party (the company who built it). For example, if Coinbase or Binance wants to block you from withdrawing your funds for whatever reason (maybe for suspicious activity or fraud), they can do that. They have control of their servers so they have control of your funds.
Most popular applications that we all use daily are centralized (Netflix, Facebook, Youtube, etc). That’s the standard for modern, world-class applications today.

Decentralized Applications

Even though the most popular crypto applications are all centralized, most of the developer energy and focus in our industry is with decentralized applications (dApps) and non-custodial products.
These are products where only the user can touch or move funds. Not even the company or developer who built the application can access or control or stop funds from being moved. Only the user has control.
These applications allow users to truly become their own bank and have absolute control of their money.
They also allow users to perform blockchain transactions and interact directly with decentralized protocols. Some of the most popular non-custodial products include Ledger, MetaMask, and MyCrypto (#ProudInvestor).
While the benefits of this type of application are obvious (user has full control of their funds), it comes with a lot of tradeoffs. We will cover that later in this post.
https://preview.redd.it/rs6tj7vsdh551.png?width=1600&format=png&auto=webp&s=86fe5bca3a9466abab5e78c9873ce3b57609f2d2

Libertarianism + Crypto

If the most popular applications tend to be centralized (inside and out of crypto), why is so much of our community focused on building decentralized applications (dApps)? For the casual observer, that’s a reasonable, valid question.
“Not your keys, not your coins.”
This meme is endlessly repeated among longtime crypto hodlers. If you’re not in complete control of your crypto (i.e. using non-custodial wallets or dApps), then it’s not really your crypto.
Engrained in the early culture of Bitcoin has always been a strong distrust for centralized authority and power — including the too-big-to-fail government-backed financial system. In the midst of the Financial Crisis, Satoshi Nakamoto included this headline in Bitcoin’s genesis block: “Chancellor on brink of second bailout for banks.” There has always been a close connection between libertarianism & cryptocurrency.
So it’s no surprise that much of the crypto developer community is spending their time building applications that are non-custodial or decentralized. It’s part of the DNA, the soul, the essence of our community.
https://preview.redd.it/fy33zhkvdh551.png?width=1600&format=png&auto=webp&s=386c741f13e9119ecfcfffe1c781d09ce58704ed

Personal Experience

When I was at Mainframe, we built Mainframe OS — a platform that developers use to build and launch decentralized applications (dApps). I’m deeply familiar with what’s possible and what’s not in the world of dApps. I have the battle scars and gray hair to prove it. We’ve hosted panels around the various challenges. We’ve even produced videos poking fun at how complicated it is for end-users to interact with.
After having spent three years in the trenches of this non-custodial world, I no longer believe that decentralized applications are capable of bringing crypto to the masses.
While I totally understand and appreciate the ethos of self-sovereignty, independence, and liberty… I think it’s a terrible mistake that as a community we are spending most of our time in this area of application development. Decentralized applications will not take crypto to the masses.
Mainframe OS

Overwhelming Friction

The user friction that comes with decentralized applications is just too overwhelming. Let’s go through a few of the bigger points:
  1. Knowledge & Education: Most non-custodial products do not abstract away any of the blockchain complexity. In fact, they often expose more of it because the most loyal users are crypto nerds. Imagine how a normie n00b feels when she starts seeing words like seed phrases, public & private keys, gas limits, transaction fees, blockchain explorers, hex addresses, and confirmation times. There is a lot for a user to learn and become educated on. That’s friction. The learning curve on this is just too damn high.
  2. User Experience: It is currently impossible to create a smooth and performant user experience in non-custodial wallets or decentralized applications. Any interaction that requires a blockchain transaction will feel sluggish and slow. We built a messaging app on Ethereum and presented it at DevCon3 in Cancun. The technical constraints of blockchain technology were crushing to the user experience. We simply couldn’t create the real-time, modern messaging experience that users have come to expect from similar apps like Slack or WhatsApp. Until blockchains are closer in speed to web servers (which will be difficult given their decentralized nature), dApps will never be able to create the smooth user experience that the masses expect.
  3. Loss of Funds Risk: There is no “Forgot Password” functionality when storing your own crypto in a non-custodial wallet. There is no customer support agent you can ping. There is no company behind it that can make you whole if you make a mistake and lose your money. You are on your own. One wrong move and your money is all gone. If you lose your private key, there is no way to recover your funds. This just isn’t the type of customer support experience people want or are used to.
Onyx Messaging App

What Our Industry Has Wrong

Decentralized applications will always have a place in the market — especially among the most hardcore crypto people and parts of the world where these tools are essential. I’m personally an active user of many non-custodial products. I’m a blockchain early-adopter, I like to hold my own money, and I’m very forgiving of suboptimal UX.
However, I’m not afraid to say the poop stinks. Decentralized applications simply cannot produce the type of product experience that mainstream consumers expect.
If the goal is growth and adoption, as a community I believe we’re barking up the wrong tree. We are trying to make fetch happen. It isn’t gonna happen. Our Netscape Moment is unlikely to arrive as long as we’re focused on decentralized applications.
\"Mean Girls\" movie
There’s a reason why the most popular consumer applications are centralized (Spotify, Amazon, Instagram, etc). There’s a reason why the most popular crypto applications are centralized (Coinbase, Binance, etc).
The frameworks, tooling, infrastructure, and services to support these modern, centralized applications are mature and well-established. It’s easier to build apps that are fast & performant. It’s easier to launch apps that are convenient and on all form-factors (especially mobile). It’s easier to distribute and promote via all the major app store channels (iOS/Android). It’s easier to patch, update, and upgrade. It’s easier to experiment and iterate.
It’s easier to design, build, and launch a world-class application when it is centralized! It is why we’ve chosen this path for Genesis Block.
---
Other Ways to Consume This Content:
We have a lot more content coming. Be sure to follow our channels: https://genesisblock.com/follow/
Have you already downloaded the app? We're Genesis Block, a new digital bank that's powered by crypto & decentralized protocols. The app is live in the App Store (iOS & Android). Get the link to download at https://genesisblock.com/download
submitted by mickhagen to genesisblockhq [link] [comments]

Kraken Customer Support Number +1 (855) 300-8358 [email protected]#$%^

Kraken Customer Support Number +1 (855) 300-8358
Can US customers use Kraken? Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange. Kraken Customer Support Number +1 (855) 300-8358
Which is better Coinbase or Kraken? Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 300-8358
Kraken Customer Support Number +1 (855) 300-8358
Is Kraken good for trading? Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken? Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw' Kraken Customer Support Number +1 (855) 300-8358
Does Kraken report to IRS? Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties. Kraken Customer Support Number +1 (855) 300-8358
Does Kraken require ID? Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC? Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro. Kraken Customer Support Number +1 (855) 300-8358
How good is Kraken? It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 300-8358
Can you use credit card on Kraken? For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet? Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 300-8358
How long does Kraken withdrawal take? Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 300-8358.
submitted by OneImplement2 to u/OneImplement2 [link] [comments]

Bull Bitcoin’s Dollar-Cost Averaging tool for Canadians: a detailed overview

Hello fellow Canadian Bitcoiners!
I'm Francis Pouliot, CEO and founder of Bull Bitcoin (previously known as Bitcoin Outlet) and Bylls.
I haven't been active on Reddit for a while but I thought I'd pop back here to let the community know about our new dollar-cost averaging feature, "Recurring Buy"
This post is a copy of my most recent medium article which you can read here if you want to see the screenshots. https://medium.com/bull-bitcoin/bull-bitcoins-dollar-cost-averaging-tool-for-canadians-the-right-time-to-buy-bitcoin-is-every-day-82a992ca22c1
Thanks in advance for any feedback and suggestions!
[Post starts here]
The Bull Bitcoin team is constantly trying to reduce the frictions ordinary people face when investing in Bitcoin and propose innovative features which ensure our users follow Bitcoin best practices and minimize their risks.
We are particularly excited and proud about our latest feature: an automated Bitcoin dollar-cost averaging tool which we dubbed “Recurring Buy”.
The Recurring Buy feature lets Bull Bitcoin users create an automated schedule that will buy Bitcoin every day using the funds in their account balance and send the Bitcoin directly to their Bitcoin wallet straight away.
We put a lot of thought in the implementation details and striking the right trade-offs for a simple and elegant solution. Our hope is that it will become a standard other Bitcoin exchanges will emulate for the benefit of their users. This standard will certainly evolve over time as we accumulate feedback and operational experience.
In this article, I cover:
The problem that we are trying to solve
Recurring Buy feature details, processes and instructions
The rationale (and tradeoffs) behind the main feature design choices
Bull Bitcoin is only available to Canadians, but non-Canadians that wish to have a look at how it works are welcome to make a Bull Bitcoin account and check out how it works here. You will be able to go through the process of create the schedule for testing purposes, but you wont be able to fund your account and actually purchase Bitcoin.
What problems does Dollar-Cost Averaging solve?
The most common concern of Bitcoin investors is, not surprisingly, “when is the right time to buy Bitcoin?”. Bitcoin is indeed a very volatile asset. A quick glance at a Bitcoin price chart shows there are without a doubt “worse times” and “better times” to invest in Bitcoin. But is that the same as the “right” time?
Gurus, analysts and journalists continuously offer their theories explaining what affects the Bitcoin price, supported by fancy trading charts and geopolitical analysis, further reinforcing the false notion that it is possible to predict the price of Bitcoin.
Newbies are constantly bombarded with mainstream media headlines of spectacular gains and devastating losses. For some, this grows into an irresistible temptation to get rich quick. Others become crippled with the fear of becoming “the sucker” on which early adopters dump their bags.
Veterans are haunted by past Bitcoin purchases which were quickly followed by a crash in the price. “I should have waited to buy the dip…”
Many Bitcoin veterans and long-term investors often shrug off the question of when is the right time to buy with the philosophy: “just hodl”. But even those holding until their death will recognize that buying more Bitcoin for the same price is a better outcome.
Given the very high daily volatility of Bitcoin, a hodler can find himself in many years having significantly less wealth just because he once bought Bitcoin on a Monday instead of a Wednesday. His options are either to leave it up to chance or make an attempt to “time the market” and “buy the dip”, which can turn into a stressful trading obsession, irrational decisions (which have a negative impact on budget, income and expenses) and severe psychological trauma. In addition, trying to “buy the dip” is often synonymous to keeping large amounts of fiat on an exchange to be ready for “when the time comes”.
There must be a better way.
Bitcoin investors should be rewarded for having understood Bitcoin’s long-term value proposition early on, for having taken the risk to invest accordingly and for having followed best practices. Not for being lucky.
Overview of features and rules
In this section I go into every detail of the Recurring Buy feature. In the following section, I focus on explaining why we chose this particular user experience.
The user first decides his target investment amount. Ideally, this is a monthly budget or yearly budget he allocates to investing in Bitcoin based on his projected income and expenses.
The user then chooses either the duration of the Recurring Buy schedule or the daily purchase amount. The longer the better.
The frequency is each day and cannot be modified.
The user must submit a Bitcoin address before activating a Recurring Buy schedule. By default, every transaction will be sent to that Bitcoin address. It’s the fallback address in case they don’t provide multiple addresses later.
Once the user has filled the form with target amount, the duration and the Bitcoin address, he can activate the Recurring Buy Schedule.
The user is not required to already have funds in his account balance to activate the schedule.
We will randomly select a time of day at which his transaction will be processed (every hour, so 24 possible times). If the user insists on another time of day, he can cancel his Recurring Buy schedule and try again.


The Recurring Buy feature as displayed on bullbitcoin.com/recurring-buys
The schedule is then displayed to the user, showing the time and date at which transactions that will take place in the future. The user will be able to see how long his current balance will last.
He can follow the progress of the dollar-cost averaging schedule, monitor in real time his average acquisition cost, and audit each transaction individually.
At this point, the user can and should change the Bitcoin address of his next transactions to avoid address re-use. Address re-use is not forbidden, but it is highly discouraged.
After having modified the Bitcoin addresses, there is nothing left for the user to do except watch the bitcoins appear in his Bitcoin wallet every day!
The Bitcoins are sent right away at the time of purchase.
Bitcoin transactions using the Recurring Buy feature will have the lowest possible Bitcoin network transaction fee to avoid creating upwards pressure on the fee market impact other network users.


What users see after first activating a schedule
The Recurring Buy schedule will be cancelled automatically at the time of the next purchase if the balance is insufficient. He can add more funds to his balance whenever he wants.
The Recurring Buy schedule will continue until the target amount is reached or until the account balance runs out.
The user can cancel his Recurring Buy schedule whenever he wants.
If the user wants to change the amount or duration of the schedule, he can simply cancel his current schedule and create a new one.
Each schedule has a unique identifier so that users can keep track of various schedules they perform over time.
Once a schedule is completed, either fully or partially, a summary will be provided which shows the number of transactions completed, the average acquisition cost, the total amount of Bitcoin purchase and the total amount of fiat spent. Useful for accounting!


A partially completed Recurring Buy schedule cancelled after 9 days due to insufficient funds
Though process in making our design choices
Recurring Bitcoin Purchases vs. Recurring Payment/Funding
The first and most important design choice was to separate the processes of funding the account balance with fiat (the payment) from the process of buying Bitcoin (the purchase). Users do not need to make a bank transaction every time they do a Bitcoin purchase. They first fund their account manually on their own terms, and the recurring purchases are debited from their pre-funded account balance.
Another approach would have been to automatically withdraw fiat from the user’s bank account (e.g. a direct debit or subscription billing) for each transaction (like our friends at Amber) or to instruct the user to set-up recurring payments to Bull Bitcoin from their bank account (like our friends at Bittr). The downside of these strategies is that they require numerous bank transactions which increases transaction fees and the likelihood of triggering fraud and compliance flags at the user’s bank. However, this does remove the user’s need to keep larger amounts of fiat on the exchange and reduces the friction of having to make manual bank payments.
Bull Bitcoin is currently working on a separate “Recurring Funding” feature that will automatically debit fiat from the user’s bank accounts using a separate recurring schedule with a minimum frequency of once a week, with a target of once every two weeks or once a month to match the user’s income frequency. This can, and will, be used in combination from the “Recurring Buy” feature, but both can be used separately.
The ultimate experience that we wish to achieve is that users will automatically set aside, each paycheck (two weeks), a small budget to invest in Bitcoin using the “Recurring Funding” feature which is sufficient to refill their account balance for the next two weeks of daily recurring purchases.
Frequency of transactions
The second important decision was about customizing the frequency of the schedule. We decided to make it “each day” only. This is specifically to ensure users have a large enough sample size and remain consistent which are the two key components to a successful dollar-cost averaging strategy.
A higher amount of recurring transactions (larger sample size) will result in the user’s average acquisition being closer to the actual average Bitcoin price over that period of time. Weekly or monthly recurring purchases can provide the same effectiveness if they are performed over a duration of time which is 7x longer (weekly) or 30x longer (monthly).
It is our belief that the longer the duration of the schedule, the more likely the user is to cancel the recurring buy schedule in order to “buy the dip”. Dollar-cost averaging is boring, and watching sats appear in the wallet every day is a good way to reduce the temptation of breaking the consistency.
We do not force this on users: they can still cancel the schedule if they want and go all-in. We consider it more of a gentle nudge in the right direction.
Frequency of withdrawals (one purchase = one bitcoin transaction)
This is one of the most interesting design choices because it is a trade-off between scalability (costs), privacy and custody. Ultimately, we decided that trust-minimization (no custody) and privacy were the most important at the expense of long-term scalability and costs.
Realistically, Bitcoin network fees are currently low and we expect them to remain low for the near future, although they will certainly increase massively over the long-term. One of the ways we mitigated this problem was to select the smallest possible transaction fee for transactions done in the context of Recurring Buy, separate from regular transaction fees on regular Bitcoin purchases (which, at Bull Bitcoin, are very generous).
Note: users must merge their UTXOs periodically to avoid being stuck with a large amount of small UTXOs in the future when fees become more expensive. This is what makes me most uncomfortable about our solution. I hope to also solve this problem, but it is ultimately something Bitcoin wallets need to address as well. Perhaps an automated tool in Bitcoin wallets which merges UTXOs periodically when the fees are low? Food for thought.
When transaction fees and scalability becomes a problem for us, it will have become a problem for all other small payments on the Bitcoin network, and we will use whatever solution is most appropriate at that time.
It is possible that Lightning Network ends up being the scalability solution, although currently it is logistically very difficult to perform automated payouts to users using Lightning, particularly recurring payouts, which require users to create Bolt11 invoices and to convince other peers in the network to open channels and fund channels with them for inbound capacity.
These are the general trade-offs:
Send a Bitcoin transaction for every purchase (what we do) - Most expensive for the exchange - Most expensive for the user (many UTXOs) - Increases Bitcoin Network UTXOs set - Inefficient usage of block space - Most private - Zero custody risk
Keep custody of the Bitcoin until the schedule is over or when the user requests a withdrawal (what Coinbase does) - No additional costs -No blockchain bloating - Same level of privacy - High custody risk
Batch user transactions together at fixed intervals (e.g. every day) - Slightly lower transaction costs for the exchange - Same costs for the user - Slightly more efficient use of block space - Same level of UTXO set bloating - Much lower level of privacy - Slightly higher custody risk
Single address vs multiple addresses vs HD keys (xpubs)
The final decision we had to make was preventing address re-use and allowing users to provide an HD key (xpub) rather than a Bitcoin address.
Address re-use generally decreases privacy because it becomes possible for third-party blockchain snoops to figure out that multiple Bitcoin transactions are going to the same user. But we must also consider that even transactions are sent to multiple addresses, particularly if they are small amounts, it is highly likely that the user will “merge” the coins into a single transaction when spending from his wallet. It is always possible for users to prevent this using Coinjoin, in which there is a large privacy gain in not re-using addresses compared to using a single address.
It is important to note that this does not decrease privacy compared to regular Bitcoin purchases on Bull Bitcoin outside of “Recurring Buy”. Whether a user has one transaction of $1000 going to a Bitcoin address or 10x$100 going that same Bitcoin address doesn’t reveal any new information about the user other than the fact he is likely using a dollar-cost averaging mechanism. It is rather a missed opportunity to gain more privacy.
Another smaller decision was whether or not we should ask the user to provide all his addresses upfront before being able to activate the schedule, which would completely remove the possibility of address re-use. We ultimately decided that because this process can take a very long time (imagine doing Recurring Buy every day for 365 days) it is better to let the user do this at his own pace, particularly because he may eventually change his Bitcoin wallet and forget to change the addresses in the schedule.
There are also various legitimate use-cases where users have no choice but to re-use the same address . A discussion for another day!
Asking the user to provide an XPUB is a great solution to address re-use. The exchange must dynamically derive a new Bitcoin address for the user at each transaction, which is not really a technical challenge. As far as I can tell, Bittr is the only Bitcoin exchange exchange which has implemented this technique. Kudos!
It is however important that the user doesn’t reuse this XPUB for anything else, otherwise the exchange can track his entire wallet balance and transaction history.
It is worth noting that not all wallets support HD keys or have HD keys by default (e.g. Bitcoin Core). So it is imperative that we offer the option to give Bitcoin addresses. We believe there is a lot of potential to create wallet coordination mechanisms between senders and recipients which would make this process a lot more streamlined.
In the future, we will certainly allow users to submit an XPUB instead of having to manually input a different address. But for now, we wanted to reduce the complexity to a minimum.
Conclusion: personal thoughts
I have a somewhat unique perspective on Bitcoin users due to the fact that I worked at the Bitcoin Embassy for almost 4 years. During this time, I had the opportunity to discuss face-to-face with thousands of Bitcoin investors. One of my favourite anecdotes is a nocoiner showing up at our office in December 2013 with a bag full of cash attempting to buy Bitcoin, “I know how to read a chart”, furious after being turned away. Many people who went “all-in” for short-term gains (usually altcoins) would show up to the Bitcoin Embassy office months later with heart-breaking stories.
This isn’t what I signed up for. My goal is to help people opt-out of fiat and, ultimately, to destroy the fiat currency system entirely.
This instilled in me a deep-rooted concern for gambling addiction and strong aversion to “trading”. I do not believe that Bitcoin exchanges should blindly follow “what the market dictates”. More often than not, what dictates the market is bad habits users formed because of the other Bitcoin services they used in the past, what other people are used to, and what feels familiar. Running a Bitcoin company should be inseparable from educating users on the best practices, and embedding these best practices into the user experience is the best way for them to learn.
Another important anecdote which motivated me to build a dollar-cost averaging tool is a person very close to me that had made the decision to buy Bitcoin, but was so stressed out about when was the right time to buy that they ended up not buying Bitcoin for a whole 6 months after funding their Bull Bitcoin account. That person eventually gave up and ultimately invested a large amount all at once. In hindsight, it turned out to be one of the worst possible times to invest in Bitcoin during that year.
Investing in Bitcoin can, and should be, a positive and rewarding experience.
Buying Bitcoin every day is the right strategy, but it is not necessarily lead to the best outcome.
The reality is that the best time to buy Bitcoin is at when market hits rock bottom (obviously). Sometimes, the upside from buying the dip can be much bigger than the risk (e.g. when the price dropped below $200 in 2015). But these are exceptions rather than the rule. And the cost of chasing dips is very high: stress, investing time and mental energy, and the very real psychological trauma which results from making bad trading decisions. Ultimately, it’s better to do the right thing than being lucky, but it’s not always a bad idea to cheat on your dollar-cost averaging from time to time if you can live with the costs and consequences.
Yours truly,
Francis
submitted by FrancisPouliot to BitcoinCA [link] [comments]

Kraken Customer Support Number +1 (855) 300-8358 #%^^++

Kraken Customer Support Number +1 (855) 300-8358

Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 300-8358
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 300-8358
Kraken Customer Support Number +1 (855) 300-8358
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 300-8358
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 300-8358
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 300-8358
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 300-8358
submitted by Super_Bridge to u/Super_Bridge [link] [comments]

Kraken Customer Support Number +1 (855) 300-8358 #%^^^

Kraken Customer Support Number +1 (855) 300-8358

Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 300-8358
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 300-8358
Kraken Customer Support Number +1 (855) 300-8358
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 300-8358
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 300-8358
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 300-8358
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 300-8358
submitted by Super_Bridge to u/Super_Bridge [link] [comments]

Kraken Customer Support Number +1 (855) 300-8358 #%^^^_+

Kraken Customer Support Number +1 (855) 300-8358
Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 300-8358
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 300-8358
Kraken Customer Support Number +1 (855) 300-8358
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 300-8358
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 300-8358
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 300-8358
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 300-8358
submitted by Super_Bridge to u/Super_Bridge [link] [comments]

Kraken Customer Support Number +1 (855) 300-8358 #%^^_+)


Kraken Customer Support Number +1 (855) 300-8358
Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 300-8358
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 300-8358
Kraken Customer Support Number +1 (855) 300-8358
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 300-8358
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 300-8358
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 300-8358
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 300-8358
submitted by Super_Bridge to u/Super_Bridge [link] [comments]

Kraken Customer Support Number +1 (855) 266-9652 $%^$%

Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.



Kraken Customer Support Number +1 (855) 266-9652



Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.



Kraken Customer Support Number +1 (855) 266-9652



Kraken Customer Support Number +1 (855) 266-9652




Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.



Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 266-9652



Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.





Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 266-9652






How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 266-9652




Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.



Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 266-9652





How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 266-9652
submitted by ConsistentAntelope1 to u/ConsistentAntelope1 [link] [comments]

Kraken Customer Support Number +1 (855) 300-8358 #%^^^%

Kraken Customer Support Number +1 (855) 300-8358

Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 300-8358
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 300-8358
Kraken Customer Support Number +1 (855) 300-8358
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 300-8358
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 300-8358
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 300-8358
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 300-8358
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 300-8358
submitted by Super_Bridge to u/Super_Bridge [link] [comments]

Kraken Customer Support Number +1 (855) 266-9652 #@#$


Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 266-9652
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 266-9652
Kraken Customer Support Number +1 (855) 266-9652
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 266-9652
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 266-9652
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 266-9652
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 266-9652
submitted by Pristine-Reveal to u/Pristine-Reveal [link] [comments]

Kraken Customer Support Number +1 (855) 266-9652 #$%$


Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 266-9652

Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 266-9652
Kraken Customer Support Number +1 (855) 266-9652


Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 266-9652
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 266-9652
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 266-9652
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 266-9652
submitted by ConsistentAntelope1 to u/ConsistentAntelope1 [link] [comments]

Kraken Customer Support Number +1 (855) 266-9652 #$%#$%


Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 266-9652
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 266-9652
Kraken Customer Support Number +1 (855) 266-9652
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 266-9652
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 266-9652
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 266-9652
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 266-9652
submitted by ConsistentAntelope1 to u/ConsistentAntelope1 [link] [comments]

Kraken Customer Support Number +1 (855) 266-9652 ##))


Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.




Kraken Customer Support Number +1 (855) 266-9652




Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 266-9652



Kraken Customer Support Number +1 (855) 266-9652





Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.





Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 266-9652





Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 266-9652





Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.






Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 266-9652





How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 266-9652




Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.







Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 266-9652





How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 266-9652
submitted by Pristine-Reveal to u/Pristine-Reveal [link] [comments]

Kraken Customer Support Number +1 (855) 266-9652 $#%$#^

Kraken Customer Support Number +1 (855) 266-9652

Can US customers use Kraken?

Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 266-9652
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 266-9652
Kraken Customer Support Number +1 (855) 266-9652
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 266-9652
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 266-9652
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 266-9652
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 266-9652
submitted by ConsistentAntelope1 to u/ConsistentAntelope1 [link] [comments]

Kraken Customer Support Number +1 (855) 266-9652 $#%#$%


Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 266-9652

Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 266-9652
Kraken Customer Support Number +1 (855) 266-9652



Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.

Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 266-9652


Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 266-9652


Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.


Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 266-9652


How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 266-9652


Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 266-9652
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 266-9652
submitted by ConsistentAntelope1 to u/ConsistentAntelope1 [link] [comments]

Kraken Customer Support Number +1 (855) 266-9652 #$%$#%

Kraken Customer Support Number +1 (855) 266-9652
Can US customers use Kraken?
Deposits and withdrawals into and from a Kraken trading account or wallet can be made in U.S. dollars, Canadian dollars, euro and Japanese yen, as well as the cryptocurrencies that can be traded via the exchange.
Kraken Customer Support Number +1 (855) 266-9652
Which is better Coinbase or Kraken?
Coinbase is more beginner-friendly than Kraken while Kraken has a wider selection of coins. Kraken also generally has lower fees than Coinbase. Coinbase is recommended for beginners. Kraken is better if you're interested in more alternative coins or lower fees.
Kraken Customer Support Number +1 (855) 266-9652
Kraken Customer Support Number +1 (855) 266-9652
Is Kraken good for trading?
Kraken offers a good choice of cryptocurrency to trade with. Some exchanges only offer the most popular coins. For example, Coinbase only offers four different coins — Bitcoin, Ether, Litecoin and Bitcoin Cash.
Can I withdraw USD from Kraken?
Log into your account Navigate to 'Funding' at the top of the page. Check 'Show all assets' or use the Search bar and type the asset you wish to withdraw. Find 'US Dollar (USD)' and select 'Withdraw'
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken report to IRS?
Likewise, Coinbase, Kraken and other US exchanges do report to the IRS. Therefore, if you receive any tax form from an exchange, the IRS already has a copy of it and you should definitely report it to avoid tax notices and penalties.
Kraken Customer Support Number +1 (855) 266-9652
Does Kraken require ID?
Kraken has five tiers of verification requirements, depending on how you are going to use the account. Tier 0 – An email address is the only requirement, but this Tier doesn't allow for deposits, trades or withdrawls. Tier 1 – To start trading requires entering full name, date of birth, country and phone number.
Does Kraken require KYC?
Laws and regulations require that we verify your account by asking who you are and where you live. Kraken takes every measure to prevent fraud and be fully compliant with KYC and AML regulations for trading of digital assets. We offer different levels of verification for your account - Starter, Intermediate, and Pro.
Kraken Customer Support Number +1 (855) 266-9652
How good is Kraken?
It's fair to say that Kraken is an option well worth considering thanks to its excellent security features and low transaction fees. However, it's not the best option for beginners due to its more complex interface. Kraken Customer Support Number +1 (855) 266-9652
Can you use credit card on Kraken?
For all other fiat currencies (USD, EUR, GBP, JPY), Kraken does not currently accept cash, debit cards, credit cards, PayPal, or similar services. Important: Do not deposit cash directly to any of our bank accounts. Only follow the deposit instructions provided to you on your Kraken account.
Does Kraken have a wallet?
Kraken is not a wallet service. Kraken is an exchange service, not a wallet service. We provide clients the ability to deposit funds to our corporate wallet for safekeeping while the funds are being exchanged or used for trading, but we do not provide a personal wallet service. Kraken Customer Support Number +1 (855) 266-9652
How long does Kraken withdrawal take?
Action you have to take Takes up to 10 minutes. Internal checks are complete, withdrawal transaction is sent to payment gateway for processing. Takes up to 10 minutes. Withdrawal transaction has been broadcasted to the respective digital assets network and is waiting for a blockchain confirmation. Kraken Customer Support Number +1 (855) 266-9652
submitted by ConsistentAntelope1 to u/ConsistentAntelope1 [link] [comments]

Recover lost bitcoin/ Activate Non Spendable Bit Coin 2020 #bitcoin Withdrawing Funds from Coinbase with a Debit Card How To Withdraw Bitcoins From Mining City Coinbase Received 10.120 Ethereum 3 Withdraw Received 1 Day Proof Received 0.0120 Bitcoin Per Day New Coinbase Miner 2020 Withdraw Proof

I transferred $3500 (just over 2 bitcoins) from my Blockchain wallet on May 15th. Got this email from Coinbase at noon on the 15th: "You just received 2.04880509 BTC (worth $3,523.97 USD) from an external Bitcoin account. It may take up to 30 minutes before your Bitcoin is available to trade." 1. Coinbase Overview. Founded in 2012 by Brian Armstrong and Fred Ehrsam as part of Ycombinator, Coinbase is one of the oldest exchanges around. Coinbase has started out only as a Bitcoin brokerage service (selling Bitcoins directly to customers), but additional services were added along the way.Coinbase is fully regulated and licensed. Although some may argue that bitcoin itself is a scam, some of the top criminal bitcoin scams include malware, fake bitcoin exchanges and bitcoin ICO scams. but was exposed for ICO fraud back I sold some bitcoin and wanted to withdraw it into my bank account. The transaction was made to sell my bitcoins but it never got sent to my bank account. I sold $6100 of my bitcoin and when I contacted coinbase support, they locked my account. Coinbase. Coinbase is the most popular broker exchange for buying and selling Bitcoin. They process more Bitcoin transactions than any other broker and have a massive customer base of 13 million. Withdrawal Methods: Coinbase lets you sell Bitcoins for cash, which you can then withdraw into your bank account. You can only cash out your Bitcoin

[index] [2986] [16526] [14563] [21347] [20497] [16567] [8985] [7111] [28375] [6110]

Recover lost bitcoin/ Activate Non Spendable Bit Coin 2020 #bitcoin

How To Pay Off Your Mortgage Fast Using Velocity Banking How To Pay Off Your Mortgage In 5-7 Years - Duration: 41:34. Think Wealthy with Mike Adams 728,244 views Coinbase Received 0.120 Bitcoin 3 Withdraw Received 1 Day Proof SilentG 1 BTC. ... Received 0.0120 Bitcoin Per Day New Coinbase Miner 2020 Withdraw Proof - Duration: 5:01. SilentG 1 BTC 367 ... CoinBase: 👉https://www ... How To Withdraw Your Bitcoin Vault from Miningcity To Coineal Exchange - Duration: 12:23. Tom Mapanga 5,222 views. 12:23. Bitcoin Vault with Sean - Duration: ... What appears to be a 10 BTC Coinbase withdrawal occurred in the morning of July 15. A couple of hours later, 0.4 BTC originating from the presumed Coinbase withdrawal ended up in 1Ai52U. #bitcoin #blockchain #bitcoinearning #2020 #hacked #hack #blockchain #wallet #btc #how #to #free #crypto #generator #coinbase #script #bitsler #new #coin #binance #eth #hacking #withdraw #proof # ...

Flag Counter