12-26-2022, 11:02 PM
Kraken VS Binance
<!-- SC_OFF --><div class="md"><p>I just started using the Kraken exchange for the first time and I must say that I am very surprised. </p> <p>After more than two years of constant use of Binance, which I stopped using due to their KYC verification (I was a verified user for all time since begining i bought crypto there for more then 10K and after this FTX collapse, I received warnings that unless I verified myself again, I would not be able to continue using platform). I decided that this time I will not send my personal data to Asia again and therefore I was looking for a new exchange where I can regularly buy my favorite coins and keep DCAing.</p> <p>I spent a long time looking for information about where to buy without KYC, the advantages and disadvantages of different well-known exchanges and so until I finally tried Kraken and I must admit that I am very satisfied. Compared to Binance, the application is much cooler, faster, prettier, you can buy from 10€ (Binance - 15€) and their "policy" seems to be fine as well. Also BTC withdrawal fees are really nothing against Binance and they don’t have their own native token - i think that every exchange token is a … little “scamy”
</p> <p>Of course, I had to do a simple KYC using a driver's license and one selfie, but compared to Binance's requirements, it was completely fine. I send my cryptocurrencies to Trezor after buying a certain value, but Kraken is a great choice for regular purchases in my opinion.</p> <p>Has anyone had any bad experiences with this exchange? This is only my personal experience … maybabe it looks like SHILLING but thats not the point.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Elrondarius"> /u/Elrondarius </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvbgit/kraken_vs_binance/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvbgit/kraken_vs_binance/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I just started using the Kraken exchange for the first time and I must say that I am very surprised. </p> <p>After more than two years of constant use of Binance, which I stopped using due to their KYC verification (I was a verified user for all time since begining i bought crypto there for more then 10K and after this FTX collapse, I received warnings that unless I verified myself again, I would not be able to continue using platform). I decided that this time I will not send my personal data to Asia again and therefore I was looking for a new exchange where I can regularly buy my favorite coins and keep DCAing.</p> <p>I spent a long time looking for information about where to buy without KYC, the advantages and disadvantages of different well-known exchanges and so until I finally tried Kraken and I must admit that I am very satisfied. Compared to Binance, the application is much cooler, faster, prettier, you can buy from 10€ (Binance - 15€) and their "policy" seems to be fine as well. Also BTC withdrawal fees are really nothing against Binance and they don’t have their own native token - i think that every exchange token is a … little “scamy”
</p> <p>Of course, I had to do a simple KYC using a driver's license and one selfie, but compared to Binance's requirements, it was completely fine. I send my cryptocurrencies to Trezor after buying a certain value, but Kraken is a great choice for regular purchases in my opinion.</p> <p>Has anyone had any bad experiences with this exchange? This is only my personal experience … maybabe it looks like SHILLING but thats not the point.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Elrondarius"> /u/Elrondarius </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvbgit/kraken_vs_binance/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/zvbgit/kraken_vs_binance/">[comments]</a></span>