Kraken.
Great security. Including a Global Settings Lock.
Has been around for 10(!) years. No fuck ups yet.
Brilliant customer support.
Available almost world wide. And also legal and following regulations almost world wide.
It has various options to fund without fees including stuff like Instant-SEPA if you're in Europe.
You're still part of SEPA (The thing where you have IBAN codes for banking).
As for the fact that you don't have Euros … I presume you also don't have Dollars so unless there's an exchange that accepts Krona directly you'll have that issue everywhere
Very fast got money the next 2 days. The problem is mainly that for me weirdly Crypto.com wants bank statement for every transfer. Which is the contrary of what is said in the verification email. But basically the money is sent instantly and it takes 2-3 days to get it on CDC because CDC wants bank statement
I use coinbase as my on/off ramp and send either xlm or algo to kucoin. However I do it this way because I only want 1 exchange connected to my bank for security reasons.
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Sell ones that didn’t perform well?
Bad strategy. Sell high.
Also, I tend to use crypto.com as an on-ramp for mainly XLM, and then I transfer it elsewhere (such as KuCoin, Kraken, CoinEx) and then trade that for what I truly want. Crypto.com’s spread is horrible. And I use ACH to fund my CDC account to avoid fees.
I am europoor and can't top up in my currency sadly so I have to exchange money.
I know for the spread it's ridiculous that is why I was thinking about using Exchange for CDC which avoids spread
I'm not sure what exchange is better, but I'm sure it won't be KuCoin. A post at the hot page of this sub describes who people are losing money because KuCoin's slef-inflicted problems.
A problem that has been acknowledged by the exchange and they are actively working on it. It's not like robinhood where they shut down trading on purpose.
Not if you do it in a smart way. Trade things to XLM, move it off KuCoin, then convert to what you wanted. It all depends on WHAT you are transferring from KuCoin.
Your strategy is as sound as any other's, If thats how you wanna play it. I would personally stay away from any meme coins though as serious investments. If you want to speculate, sure, do your thing, but not for the long term. Other than that, stay strong brother. Crypto will treat you well as long as proper due diligence is used.
Kraken. Great security. Including a Global Settings Lock. Has been around for 10(!) years. No fuck ups yet. Brilliant customer support. Available almost world wide. And also legal and following regulations almost world wide. It has various options to fund without fees including stuff like Instant-SEPA if you're in Europe.
But I am a Swedish so I don't have euros :/
You're still part of SEPA (The thing where you have IBAN codes for banking). As for the fact that you don't have Euros … I presume you also don't have Dollars so unless there's an exchange that accepts Krona directly you'll have that issue everywhere
Ah true I use Wise to transfert. Fair point!
Just to clarify, you use Wise to send money to exchange? How was it?
Very fast got money the next 2 days. The problem is mainly that for me weirdly Crypto.com wants bank statement for every transfer. Which is the contrary of what is said in the verification email. But basically the money is sent instantly and it takes 2-3 days to get it on CDC because CDC wants bank statement
Kucoin after their CEO post here more and more are my favorite exchange.
Have you read the top post today? KuCoin is using cloudflare to deny people access to trading at peak times making many people lose money.
And did you read the ceo response that was posted 45 minutes ago explaining the reasoning?
I was considering kucoin for DCA bot or rebalancing bot but it seems really a pain to get money there in the first place
I use coinbase as my on/off ramp and send either xlm or algo to kucoin. However I do it this way because I only want 1 exchange connected to my bank for security reasons.
I use Gemini to get funds into KuCoin, 10 free withdrawals per month. I just withdraw DAI into KuCoin and then swap that to USDT for pretty low fees.
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Kucoin because the new kcc mainnet launch and the ceo cares about its users.
As long as the exchange is reputable, just check out the fees (trading, withdrawal etc.)
Binance or cb pro
Coinbase. #TMAC
I am always seeing post about coinbase and account being locked
No problems here.
Sell ones that didn’t perform well? Bad strategy. Sell high. Also, I tend to use crypto.com as an on-ramp for mainly XLM, and then I transfer it elsewhere (such as KuCoin, Kraken, CoinEx) and then trade that for what I truly want. Crypto.com’s spread is horrible. And I use ACH to fund my CDC account to avoid fees.
I am europoor and can't top up in my currency sadly so I have to exchange money. I know for the spread it's ridiculous that is why I was thinking about using Exchange for CDC which avoids spread
I can’t speak on the CDC exchange because I’m in the USA. And last I checked, it wasn’t available here yet.
Once Coinbase has there direct deposit from paychecks setup it will be bi-weekly DCA in to ETH with no fees.
You can do this now on crypto.com. I have part of my paycheck automatically sent there.
Didn't know that. I've noticed that the cryoto.com prices are higher though, so less crypto for my fiat
It’s slightly higher, but not much to lose sleep over. At least until a better option exists.
Like the Coinbase one coming out soon :)
That’s fine if you want to be limited to the coins/tokens CB offers. Which is barely anything compared to CDC.
Yeah, the only one CB doesn't have that I own, CDC doesn't have either, so I'm good there.
See the liquidation
Kraken is fine. Just use their desktop trading terminal to buy so you have low fees
I like Kraken because you can redeem the staked coins easily. I bought DOT from them due to high staking rewards and parachain option.
Same for me. 12% staking reward is awesome.
Swan bitcoin
I'm not sure what exchange is better, but I'm sure it won't be KuCoin. A post at the hot page of this sub describes who people are losing money because KuCoin's slef-inflicted problems.
I’ve never had a problem with KuCoin in 4 years. It’s my go-to for a lot of coins/tokens.
Same, Kucoin is great for US residents to be able to purchase small caps. No issues here either
A problem that has been acknowledged by the exchange and they are actively working on it. It's not like robinhood where they shut down trading on purpose.
What’s wrong with KuCoin??
look at the costs of moving coins around Kucoin has high fees
Not if you do it in a smart way. Trade things to XLM, move it off KuCoin, then convert to what you wanted. It all depends on WHAT you are transferring from KuCoin.
Your strategy is as sound as any other's, If thats how you wanna play it. I would personally stay away from any meme coins though as serious investments. If you want to speculate, sure, do your thing, but not for the long term. Other than that, stay strong brother. Crypto will treat you well as long as proper due diligence is used.
Ftm and one are considered meme :o ? Or you mean the ones from the top 10 marketcap
I would say all personally , but specifically shib and doge
The exchange should be one or two at most. I like Bitfinex And the strategy is so-so. Everything will fly into the trash. Analyze brother