/biz/ - Business & Finance

>>52306343
i dunno about kraken, i just use fameex.

>>52306343
>No crypto
ngmi. not your keys not your coins and its the same with FIAT except cash stands for keys

>>52306343
No "exchange token" = Fine.

kraken shall be ok. I never trusted ftx since the very beginning and never opened an account there. seems my feelings were right, again.

Yes, it's the only CEX I would trust right now

>>52306374
Aren't you "not your le keys" retards tired of this argument? I don't use Kraken to hodl coins wishing they moon. I use it to do small intraday trades and get back to fiat and cash out some profits.

>>52306379
this

>>52306410
So, a few minutes ago I tried shorting Solana for some quick profits but it wouldn't let me. My orders would get cancelled due to insufficient margin even though my margin is perfectly healthy. wat mean?

>>52306433
you said you hold money there, not that you use it for small intraday trades

>>52306483
Yes I do hold money there for this rerason exactly.

This exchange is perfect is you're poor (under 40-50k). The moment you make money on this platform you'll have some serious trouble.

Not your keys, not your coins. Idiots.

>>52306554
Thank god i'm a poorfag then kek

>>52306554
explain

>>52306554
What kind of trouble?

>>52306554
>The moment you make money on this platform you'll have some serious trouble.
explain pls

>>52306343
Yeah I also have a lot of stuff on Kraken
If its any consolation at least we know they don't make shitty investments, peddle shitcoins, manipulate markets and so on.
So I guess they SHOULD be safe, but you never know in this clown space.

But CEO stepping down recently had me worried for a bit, not sure if it's a sign or not.

>>52306554
I moved 6 digits on Kraken without issues. You just need verify the highest tier.

>>52306600
>But CEO stepping down recently had me worried for a bit

>the only exchange allowed to set-up a US bank
Kraken chads, how's your day going?

>>52306517
>g-guys can I lose money held on a CEX?
>yes you can
>but it's insignificant amount you fucking retards!!!!
shut the fuck up and kys

>>52306592
big

>>52306364
based fameex schizo

>>52306643
I am not saying it's insignificant. Tell me how else I can daytrade on margin and low fees with a dex then.

>>52306696
>gains.trade
>gmx.io
>dydx.exchange
the last one is not a real dex but it's closer than any cex

>>52306630
great
>>52306464
Same for me but the new interface didn't let me adjust the leverage down from 4x so no wonder lol

>>52306736
And why do you trust them more than say, Kraken. To me they look the same as FTX each with their own token that may rug just like ftt

>>52306464
If its not you, its them, THEY DO NOT have enough liquidity. Pull your money and crypto out anon.

>>52306343
I think kraken is safu, I trust it and Coinbase, thou i store my assets on Trustwallet, and sometimes use the sylo wallet to store my NFTs
>remember, not your keys.....

>>52306879
That was my first thought but I wanted someone to calm me down.

>>52306554
Explain the type of trouble in detail?

>>52306343
Only binance is safu and BUSD is the only safu stablecoin

I have most of my stuff on Kraken. In the event I need to get it out, can I transfer it all to my Metamask?

Kraken is based, they have proof of reserves, unlike all these degen shitter exchanges.
See: https://www.kraken.com/proof-of-reserves

>>52306343
>picrelated is me
I had a lot of problems to cash out €110k in the peak of the bubble, took me several weeks of chasing them, completely unnecessary documents... 4 times I had to send my pic because they did the old "well let's open a new petition" to restart the timers so the next time they could say "oh, but this petition is only 5 days old.... oh I can't see another one I'm sorry lets restart again send me a picture of you holding your id and..." several days pass "oh that pic is not good send me another one..."
And I was client since 2017...
I would cash out anon. better safe than sorry.

>>52306343
>I've got only fiat with them.

actually you don't. it's not a bank. you'll just have to hope they pay you.

>>52307118
It's good. Binance moving to do the same.
Doesn't show their liabilities, though.

>>52307266
Were you max KYC'd?
I withdrew similar fiat amount without issues.

>>52307364
of course.

>>52306909
QUICK PULL ALL YOUR CRYPTO INTO A WEB BROWSER EXTENSION WITH 2FA ON A VIRUS INFESTED CELLPHONE YOU USE FOR PORN

>>52306379
Wrong.

>>52306554
cashed out millions from kraken with zero issues

>>52306554
ive cashed out high 6 figures without issues. you weren't fully verified or you have a shit bank

>>52306343
Chud exchange.