Is kraken.com legit?

I want to invest in some crypto, I know that this requieres ID verification usually. Is https://www.kraken.com/ a good website for investing? Because I don't really want to send my ID to some dudes on the internet. Thank you

6 points · 8 comments · view on lemmy.world

8 Comments

demesisx@infosec.pub · 6 pts · 1y (3 replies)

They’re pretty sketchy.

Vitaly@feddit.uk · 0 pts · 1y (2 replies)

Why?

demesisx@infosec.pub · 6 pts · 1y (1 reply)

Look it up.

Vitaly@feddit.uk · 2 pts · 1y

Can you send me the source please?

shaserlark@sh.itjust.works · 2 pts · 1y

They are as alright as a centralized exchange can be, getting more and more corporate tho, it’s not the same company it was 5 years ago anymore. But they’re still very close to the community, they aren’t a big fan of KYC themselves but they have to do it. If you want to avoid that better go with decentralized exchanges.

Zarxrax@lemmy.world · 2 pts · 1y
pythia@lemmy.dbzer0.com · 2 pts · 1y (2 replies)
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Vitaly@feddit.uk · 3 pts · 1y (1 reply)

Thanks, how are the fees in bisq compared to coinbase and other centralized services?

pythia@lemmy.dbzer0.com · 1 pts · 1y
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PietPuk@discuss.online · 1 pts · 1y

Kraken.com is one of the oldest exchanges, never hacked. I have been their client for over 10 years, moved large amounts of money and never had problems with their KYC process. They even assigned a personal asset manager in one point of time.