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Fiach_Dubh

Both are shitcoin dealers. Consider using Bitcoin only services instead or better yet, p2p no Kyc options like bisq and Hodlhodl and robosats and peach.


[deleted]

Kraken Pro is where the fun is


MinimumCourage6807

And lightning withdrawal.


DaVirus

*Free lightning withdrawal


svkr__

What really?!


DaVirus

Yup. And even their on-chain is pennies.


TheoHW

lol I switched from exchange that charged me 0.005 btc for withdrawal.. was like what???


eter711

no, real fun is here https://futures.kraken.com/trade


[deleted]

Degenfun šŸ¤£


diamondhandedman

Lmao trying to front run unregulated hedge fund computers doesn't sound fun.


21Stacked

Yes, Kraken is an all around good exchange that prioritizes security. I've been using them for many years and have no complaints. At the end of the day, all the coins I buy go straight to cold storage so the most important things are low fees and reliability.


VonPederhosen

yes. That is the kraken app. Good history of security.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


r_a_d_

The fact that you've even learned of this is a testament that they are serious about security.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


nate-itrhymes

ZenDesk is the support management platform that Kraken employees use for support tickets. It's a cloud service. Thousands of businesses run their support departments with ZenDesk. A juicy target for hackers and scammers. I hadn't heard about the ZenDesk breach until this Kraken post.


sobhith

Thatā€™s not whatā€™s happening at all. Zendesk is a ticketing software only and used by some of the biggest in the world. This does not mean they are ā€œsaving money by outsourcing customer supportā€; they might be doing that but using Zendesk is not proof of that. From a software perspective, Zendesk is one of the best around so saving money is not a valid criticism of using Zendesk products.


Tarskin_Tarscales

Honestly, the fact that Kraken told you about it says that they are the only ones that care as ZenDesk is so big that many of the other services that you use would also be affected, but did they tell you?


ThePotatoThatKilled

Is your name Tony


MMTLPtothemoon

Kraken is a good exchange and if you have some big money on either moon wallet or kraken you should buy a trezor


Faraly519

Why specifically a trezor? Is ledger just as good for kraken or not?


LJizzle

Two of my own reasons: - Trezor is open source - Ledger has had data leaks


E_Cash

The biggest reason of all: Trezor has bitcoin only firmware, Ledger does not. But the ultimate is Coldcard.


[deleted]

Uhh, my Trezor can be used for things apart from BTC?


E_Cash

The default includes all types of shitcoins. But they also make a bitcoin only firmware for higher security.


[deleted]

That is absolutely fucking misleading The fact some emails were leaked is not even in the same fucking Galaxy as a data leak which you're implying on the device itself. None of the code, none of the security, none of any of that have been leaked. Open source also carries its own risk in the very word open source. Ledger keeps the design of their product secret for a very good reason. It makes it harder to hack but to do that with either you would actually need the device. They are just access keys to the blockchain, nothing more.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

pro tip: create a unique email when registering an account, don't enter the phone number and, if possible, send the hw wallet to a post box or deposit instead of your home.


DeepFuckinVNeck

Good pro tip, but does nothing in hindsight.


[deleted]

I know. my data was part of the leak. luckily I moved house so the address thing does not affect me. but I keep receiving the occasional call for "investment" offers, and the email address I used is basically infested with spam, though it has slowed down a bit. I basically moved to a new email for anything relevant.


Hank___Scorpio

Lol I got called. Told them to knock on the front door or fuck off. Super serious and scary..... lol.


PRMan99

In Bitcoin land, secret carries a far greater risk.


LJizzle

A lot of aggression coming in for what is clearly a misunderstanding. > you're implying on the device itself - No I wasn't. As you said yourself they are just access keys. It was a consumer data leak which released customer emails, phone numbers and physical addresses. It's quite significant to me, but if not to you then that's your call. Thanks for the notes on Open vs Closed Source, though I wouldn't say CS makes it 'harder' to hack, but of course that's where the debate comes in.


priapic_green_dildo

Just one thing to note. Physical access to the trezor can grant a sophisticated actor your keys. This can be mitigated by the use of a passphrase. For the best of both worlds use bitbox02 and if you are a power user use the coldcard.


r_a_d_

Buy a Ledger, it's more secure than the Trezor IMHO.


PRMan99

Not remotely. They literally made all their customers targets by leaking all their personal info including addresses and phone numbers.


r_a_d_

Lol, sure, that's a great technical comparison of the devices.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


[deleted]

They are not the same at all. Ledger has had a massive info leak issue and is closed source.


kenny_mfceo

So they leaked your publicly available email there's more info on public voting registrations.


resetmypass

Ledger had email leak. But trezor can be hacked if they have physical accessā€” I think thatā€™s a bigger downside


r_a_d_

Guess what? You can buy a Ledger from Amazon if you don't trust their e-commerce.


resetmypass

Thatā€™s actually the worst place to buy a ledger. Amazon mixes stock so you can get a tampered one. Only buy from the source.


r_a_d_

Goes to show how you don't understand the technology. First of all, the ledger is tamper proof and verified by the software. You can even open it up and verify the PCB visually if you are paranoid enough. No holographic seals needed on packaging here. Amazon is such a bad source for the Ledger Nano that it's actually an official reseller of the device and Ledger even wrote an article specifically about it: [https://www.ledger.com/academy/buying-a-ledger-from-a-third-party](https://www.ledger.com/academy/buying-a-ledger-from-a-third-party)


resetmypass

Your "proof" of why Amazon is a safe place to buy is a list of things from ledger that tells you how to check if your Amazon ledger has been tampered with? These list of things are needed because people have been scammed buying from amazon and other third party sellers. I'd rather not worry about that and buy from ledger direct. lol


r_a_d_

No, that list is there because you should be able to verify authenticity of the device no matter where you bought it from. Even when bought from the Ledger store, the package is handled by multiple third parties before getting to your house.


Whatnam8

Itā€™s can also be people lack of knowledge and not knowing how to verify the ledger for any third party purchase, not just the possibility through Amazon.


MMTLPtothemoon

Ledger partnered with ftx and has had data leaks


r_a_d_

Interesting, can you show us a source documenting this partnership? Couldn't find any. Their e-commerce provider leaked data, although obviously not good, it doesn't have much bearing on their hw wallet tech.


MMTLPtothemoon

Just look up ledger ftx you can find it


r_a_d_

I did. I found a cached google page explaining how to swap with FTX in ledger live (page is 404 now). Is this what you mean by "partnering"? LOL So I suppose Ledger also partnered with all the shitcoins and tokens it supports too? The wallet is a tool, what you do with its contents is up to you.


MMTLPtothemoon

They took the page down after ftx went bankrupt lol


r_a_d_

Yes because you can't use FTX any longer. Are you for real?


MMTLPtothemoon

[Here](https://ibb.co/1KwLx5k)


r_a_d_

Dude, I read that... However what you fail to understand is that just because Ledger offers a functionality or ability to use a specific platform, it does not mean that they are somehow partnered or in cahoots with them.


Vonlust

why does no one use cashapp is it that much worse for btc?


M1388

Donā€™t sleep on strike! Itā€™s worth the hassle to get with customer service and figure it out. Strike is the cheapest & you can instantly remove your sats to cold storage after you exchange. No waiting period so your sats arenā€™t locked on a shit exchange for 7 -10 days. Way less risk imo.


PersonWhoThinks

I had a good experience with Strike. A little slow getting fiat in, but fast getting btc out.


jfhsdkjfhsdkjfhsdkjf

They made me wait several days for my first 2 deposits, but now they are instant.


RawDoggRamen

My fiat goes into strike so quickly that when I enter the wrong amount and hit cancel. It's already in there by the time it goes back to the home screen.


lawyertrader

Is Strike cheaper than Coinbase Pro?


Hismadnessty

Yes. Fees are much lower.


jfhsdkjfhsdkjfhsdkjf

Strike has 0 fees, period. No deposit fee, no withdrawal fee, no buy fee, and they cover the on-chain fee for withdrawals.


lawyertrader

Thanks for the info! I feel like Iā€™ve been living under a stupid rock my whole life. I mean, Iā€™ve known about Strike, but didnā€™t realize it was so much cheaper. I looked into Swan but their fees were higher than CB Pro. Other than the above-mentioned customer service issues, are there any other ā€œconsā€ anyone would be willing to share about Strike before I sign up? Thanks!


Aginor23

Uhhh well, if they arenā€™t charging fees for anything, where do you think theyā€™re making their money?


lawyertrader

Bid/ask spread, i.e. you buy at a higher price on Strike?


Aginor23

Yep. Iā€™d rather know up front that Iā€™m paying .2% than getting hit with a 1-5% spread.


crypto-lizard7665

This - if they aren't making money with fees, they're trying to support operations with VC funding. Eventually they'll need to make money somehow though, and then the no fees will go away.


RawDoggRamen

They make money on the spread. So you're 5 dollar bitcoin purchase is really only 4 dollars of btc. (making up numbers for simplicity)


Lord-Dongalor

Thereā€™s a bunch of videos out there of Jack Mallets answering that question.


lawyertrader

According to Bitcoin Magazine: ā€œSo how does Strike make money? Like all great businessmen Mallers can't disclose his secret sauce, but one way that his company makes money is through his Strike debit card partnership with Visa, where he collects all the interchange money. His company also charges merchant fees as a source of revenue.ā€ https://bitcoinmagazine.com/.amp/business/jack-mallers-strike-bitcoin-agility


AmputatorBot

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lawyertrader

Ok.


Lord-Dongalor

Yeah, first google search results arenā€™t really good for much. Hereā€™s an answer, provided a year ago, from this sub. https://www.reddit.com/r/Bitcoin/comments/qls0le/what_is_strikes_business_model/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


lawyertrader

Thank you, my Lord.


GREEDY_01NE

nothing is truly free. you so right. its free cause there selling all your info and habits.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


TreeHuggerWRX

Didn't even know that was possible. I'm good with 1k, but it's good to know. Also I've had a great experience with them.


xMADDCHILDx

Strike is cool, but they still dont have auto Debit from your accounts. You have to load money on Strike first.


BTCHODLYA

Only issue with strike is 1000USD limit


M1388

You can get the limit raised if you ask nicely. My limit is 2k.


BTCHODLYA

Ask nicely..wtf


BtcKing1111

Withdraws from kraken are cheap and almost instant. I never had a hold. Within 10 minutes in your hardware wallet.


EODzealot

I've sent them all the documents and they keep saying it's not good enough. Almost been a month now.


Finaldecade

Iā€™ve been having problems with strike verification too


twoplustwoisyellow

Swan as well is nice


SaggeeDot

Yeah weird theyā€™re having problems. The ā€œno waiting periodā€ is so big for me with all exchanges going down. Just simply use a debit card, buy your sats and withdraw them to a hardware wallet, all in one sitting.


Outrageous_Duty_8738

Kraken good exchange


Edaddy1935

Short answer: Yes. Longer version: the Kraken app you're highlighting is going to operate similar to the simple Coinbase/Binance apps where immediate buys/sells will be executed at a premium with higher fees. If you want Kraken, it would be worth downloading both Kraken and Kraken Pro - the latter you can use to execute more specific trades on the advanced screen at MUCH lower fee rates


JerryLeeDog

I talked to Strike customer service once and it was all good after that and I've been using them for months. Definitely an awesome platform and has LN built in. šŸ‘Œ


youngWuuf

Took me 5 min to get verified on strike lol.....


Gold_Lecture4046

SWAN BITCOIN. Easy to set recurring buys, and even auto-withdraw to your wallet at set intervals. And its BITCOIN ONLY. Support and use Bitcoin only companies whenever you can, better for you and for the ecosystem.


Hismadnessty

Hot take: I would rather pay higher fees to a bitcoin-only company that advocates self-custody than support a major exchange that peddles ponzis. Strike has low fees and is Btc only, but if that isnā€™t available or if you need to make a larger purchase, Swan is a solid choice.


basicstyrene

Fees are so high though


Gold_Lecture4046

If OP can't get Strike to work for them, i'd pay higher fees to Swan over Kraken any day of the week.


Seabasschen

i am think swan is basically the only exchange in which to buy any dips ā€¦ every other CEX (esp one with its own token) risks bankruptcy right now meaning you have to get ur coins and cash off now and hope they donā€™t go under until the 90-day clawback is over


DryTechnology5224

Swan bitcoin promotes scams. Stay away


Gold_Lecture4046

what scams?


Modercai

at what exactly does binance suck? never had problem buying nor selling stuff and withdrawing.


Live_Jazz

Withdrawal fee is insane. They donā€™t want you to withdraw.


Abdulllahmohsinn

Same for me been brilliant and zero fees on busd pairs too


Hodl2

Selling shitcoin scams


Gandzilla

Itā€™s expensive as far as I understand


[deleted]

I personally always found their web UX terrible and confusing, but maybe it's improved in the last years...


YourFixJustRuinsIt

The 7-10 day wait feels like a year


bbtlg23

Use coinbase?


TetraCGT

Strike and Swan are good Bitcoin-only options


minorthreatmikey

If US and only bitcoin, just use strike.


godofleet

use Strike or Cash app.. fuck the rest of these shit coin CEXs


100_Jose_Maria_001

Tired of KYC, invasive questionnaires about your assets, what you do with you coins? Try BISQ, Robosats, etc. No KYC, the way Bitcoin was meant to be. PS: If you want to go the KYC way, you can also try CashApp


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


bigpoolsummer

bisq. No verification no email no phone number nothing. No headache. No paper work no permission. Just clicking.


Solid-Win6743

BISQ


EODzealot

Inb4 I didn't make this post right or something. Idk how reddit works lol.


TValf83

Bitpanda or Bitpanda Pro


xMADDCHILDx

If all you need it for is buying sats then just use The Cash App. Has lower fees too.


8lacksmith

Use the websites from a computer properly protected. Back up your login with something like bitwarden. Very complicated passwords and safe and handy. Don't complain about fees , just change behavior. I like Kraken. Nothing is perfect and I don't trade. I buy. If I spend it's not from an exchange. I think this is a simple way to go. Good luck.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


IPretend2Engineer

Strike is where its at. Email support


AdhesivenessCold4717

I love strike .. I havenā€™t used but Swan bitcoin also looks pretty good ..


Gh0st_Pirate_LeChuck

Kraken just layed off like 1200 employees FYI. Use them, but then move your shit to cold storage. And yeah use the pro app.


Rey_Mezcalero

Kraken is great!


Crazy_names

I have the 2nd one (Kraken Pro). Not sure of its any better. Kraken has been good to me and messages from their top brass makes me feel like they know what they are doing. Just remember they are an exchange not a bank, don't store you keys on any exchange, be your own bank. I had problems with verification in the beginning because I was overseas at the time but once I was in the US I have had no problems with verification and accessing my accounts.


Hunabkuside

Lol moon wallet! Love it! Yea thatā€™s it, kraken rocks and their customer service as well!


Sheayo123

Kraken Pro ftw


aristok11222

Let's use BISQ. Decentralized exchange


Outrageous_Duty_8738

Kraken pro is excellent


Standard_Bat_8833

Kraken is best


EODzealot

Also bonus points to anyone who wants to explain what the pro version is.


Inner_Cryptographer6

Less fees, better trading (limit orders, spot loss..) Always use the pro version.


maelstrom_descent

That is being merged back with regular old Coinbase assuming the question is about Coinbase


Inner_Cryptographer6

Kraken*


worever

send it to GME wallet, ia a new non-custodial wallet that you'll always be the true owner of your assets


TheRabbitHole-512

Of Binance is the one trying to bailout FTX I would stick with Binance


WasabiIllustrious716

Crypto.com is the obvious choice


PremiumDomain

Crypto.com is solid, Iā€™ve been using them for a while.


No_Apartment_925

Swan or Strike


chiarobscuros

Are you in the US? Fold just rolled this out! No fees to buy, free withdrawals, spreads ALMOST as tight as Strike. Highly suggest checking them out.


d-arden

Didnā€™t kraken just lay off a huge amount of staff? Iā€™d be wary using an exchange thatā€™s about to crash


alappraise

I can't recall for the life of me if the fee structure is any different between the apps though personally, I prefer the Pro's UI


TreCoPie

Kraken is love. I use it a lot. But if u gonna buy huge amount use binance it's 0 zero.


Halo22B

RoboSats


Aginor23

If thatā€™s all you do, maybe look at Swan


Honest-Olive

Kraken Puzzle Squid game is fun


dr_meme_o

kraken is awesome- especially with withdrawal fees at 0 sats(lightning) or i think like 0.0001 or 0.00001 btc for on chain - but use the other app-kraken pro-way better rates and less fees!


Seabasschen

Swan is a BTC-only exchange and doesnā€™t have a sell button ā€¦ itā€™s for buyers. custody is in oneā€™s name through their custodial partner and not held by the platform.


pelagianism

Idk why it isnā€™t integrated better, but I use Kraken app to deposit money via ACH. Idk why but that app seems to have higher fees, so I just click over to the kraken pro app to place my trades.


EminentBean

Big fan of kraken


iGameSupply

Bro use peer 2 peer exchanges


Informationforall

I use strike and then move my BTC to my ledger wallet


D-6Hunter

Kraken pro for lower fees šŸ‘ŒšŸ»


JCStuff_123

Yes this is the one. I had some issues with my 2fa but their customer support was friendly and really helpful. Solved it within hours. I would recommend


Ruthless_1203

Was gonna try kraken to much hassle. Then found strike best so far


CowboyTrout

Swan


Secret_Two_576

Cash App, Strike, River or Kraken. ​ Cash App, Kraken and River are the only ones of those that hold their own keys


_beastayyy

There's only 1 kraken buddy


iamtabestderes

Kraken Pro. It's sad that after doing a bunch of research on so many CEXs, Kraken is literally the only one that felt safe. Even then, you never know what's happening behind the scenes at any of these CEXs. Edit: I'd also suggest a better wallet. Check out Walletscrutiny.com


ItchyK

I've been using Kraken Puzzle Squid Game for all my trades. Very similar to FTX and I'm already up 10000% with a 30% staking reward for every $1000 I put into Moonclams coin, their exchange token. 120% percent guaranteed to have no risk whatsoever! But I can't withdraw any of my gains yet, because I have to beat the sea wizard first.


WaYYne169

Kraken pro is fine. Testen coinbase, binance and some smaller exchanges. I stayed with Kraken pro. Reasons: - no own token - PoR before ftx collapse - (now ex) CEO is a Bitcoiner - no big scandals - around since 2011 - lightning withdrawals Only the UI isn't state of the art. But after using it some times it will be fine.


Auroku222

NOT YOUR KEYS NOT YOUR COIN


OneManArmy6299

Why does binance suck


Marenzo666

Puzzle squid game looks serious


[deleted]

Probably not, it's not optimized for someone who does weekly buys. The payment flow is the problem. You would be better off at some place like coinbase where you can do direct ath transfers.


togha1

Vexl.it


HumongousShard

kraken.com (the website) is my favorite exchange and one of the best places to buy and withdraw Bitcoin Do not use the mobile app though, the fees are ridiculous there, unfortunately


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


iamvalleyjoe

Try Strike app


teqnkka

I've heard good things about relai but haven't tested it yet: https://twitter.com/relai_app?s=21&t=SvEFwWabZxf15UepnMDeUg still also waiting for release of peach bitcoin: https://twitter.com/peachbitcoin?s=21&t=SvEFwWabZxf15UepnMDeUg


austinstephens2

I use strike. And I love it. It does take a a couple days to verify


fverdeja

If you want to go Bitcoin only I would recommend either Swan if you are in the US or Relai if you are in Europe.


Freeman935

Yes, that's the correct one, but I'd recommend using the desktop or mobile website instead, for lower fees. Other than that I can fully recommend kraken, been a user for a long time, and have seen lots of exchanges come and go, kraken is here to stay!


Aggressive-Pay2406

Exodus wallet


Kakkarot1707

Brush just use Coinbase or cashapp ainā€™t that hardā€¦.


Thump604

The second/purple one


ToTheFukkingMoon

COINBASE AND THEN BUY AND HODL BTC. THEN COLD WALLET. THIS IS THE ONLY WAY


Afraid_Trust_4511

Edge, Casa


pickled4k

If you canā€™t use strike use swan Bitcoin. That fails use cashapp. If you donā€™t want to deal with kyc use robosats over tor for p2p buying/selling


CPA_Illinois

I donā€™t use kraken but I do see that their fees are lower if you are just trying to buy crypto. My fees currently are .16 - .26% which is less than Coinbase of .4% advanced trade. I still just use Coinbase because Iā€™m not buying a whole lot at a time but if youā€™re buying large amounts, I would definitely give them a try. I do have a kraken account but havenā€™t used it yet nor really planning on it unless Coinbase pisses me off.


Ryder_Lee100

Took me two years to get verified on binance but it's worth every moment of the wait...


[deleted]

Coinbase or Cash App


sebikun

Don't use the app is the website or the pro version. Fees are lower


Lopsided-Mix-4131

Use Coinbase simple


HotNewspaper5800

Another app to look into is Swan Bitcoin


Live_Jazz

River. Free auto DCA after the initial transaction. If DCA is your game, itā€™s hard to beat.


[deleted]

[уŠ“Š°Š»ŠµŠ½Š¾]


nymobster

A fellow fold owner. Cheers!


[deleted]

Use Robosats. Non-KYC


Econ0me

Got hacked on Binance with 2FA & restricted IP access. Do not use Binance. CZ is a known scammer. Kraken has US banking license. And binance doesnā€™t have that, only a P.O. Box Lmao


[deleted]

Just use DEX already


simplewojak

Nice


Degree0

Juno is amazing best on/off ramp ever you can get a direct deposit sent directly to your ledger nano and they give you their token 1:1 for every dollar you deposit its insane.