Bittrex a pain to get verified so switched to Kraken. Hopefully it’ll be faster to get verified so I can get XRP.
Anyone have experience with Kraken cashing out to a US account? I have a US account through my bank.
I’m Canadian eh!
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If any of ya'll going to sign up for binance go ahead and use your boys referral ya feel~~
https://www.binance.com/?ref=11632556
My Referral ID: 11632556
love too buy BTC before I go to bed and have it lose $1,000 when I wake up
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Just wait. It’s pretty volatile at the moment but within small deltas.
First off I am not a financial adviser but basically I put most of my focus on Litecoin and Cardano.
Litecoin actually has a good team behind the currency and was created by Charlie Lee who used to work at Google. Technically speaking LTC was built on the same platform as BTC but has a faster transaction time (10 min vs 2.5 min) which actually is pretty awesome. It's pretty scarry transferring between wallets and you start freaking out when it takes a long time for the coin to get there. As far as value people feel LTC is undervalued which tends to drive the price up. Most people speculate its value at 5% of a BTC all the way up to 10%, but for the past few days it's having a hard time crossing and maintaining a price above $400 which is the next psychological barrier.
Cardano I got into cause it was dirt cheap at the time and felt like it had nowhere to go but up.
It's pretty ridiculous that I have to wait 9 days for my orders on coinbase to complete. It feels like the infrastructure surrounding crypto is way under-built. It's been around for like, what, 6 years and this is the best they can do?
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Believe it has to do with limited avenues available to authenticate the transaction. As more and more people keep buying and selling there's still only the same number of transactions possible to be completed at a time.
Kinda like the old "the internet is a series of tubes" thing, just with digital funny money.
ACH deposits normally take a couple of days to go through, and if they're smart they're putting a 1-week hold on the funds to account for potential returns due to NSF/account blocked/unauthorized. if they made the funds available immediately it would open them up to eating losses on all kinds of new account fraud. very basic risk management/loss prevention stuff.
I only have a 7 day wait at coinbase, still sucks but better than 9
Credit card transactions are instant so doing that, getting cash back or miles, and then paying it off with the bank money you were going to use anyway is what I’m doing.
Waiting on Kraken to verify so I can purchase XRP. Lol.
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Oh they charge an extra 2.5% for CC transactions.
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The cc fee is like 4+1% lol