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Anyone have experience with Kraken


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Hey guys, I'm looking at possibly opening an account with Kraken and was wondering what your recent experiences were like and if you guys hand any issues or problems with this exchange recently. Thanks for the help Zerpers ;)

Edited by CryptoJym
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All I can say is I’ve bought all of my xrp through kraken and never had a problem.

It’s worth your while sitting down some day and opening an account with every exchange you can, even if you don’t plan on using them. There were huge delays and backlogs a few months ago in getting accounts opened. You never know, you may need them some day if cashing out large amounts. I certainly wouldn’t want to do it all through 1 exchange. 

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I have bought manymanymany XRP through Kraken and never had any significant problem. Money transfer (SEPA) very smooth, money arrived early morning next day, orders correctly executed, XRP transfer to nano within seconds. Sometimes the website bugged and orders were not confirmed, so I had to enter them again, resulting in double orders when the first one was confirmed anyway, but that never caused any real trouble and is much better after their general system upgrade.

I have not tried to transfer fiat back to my bank account since I am not selling. I am planning to do that through Bitstamp, though.

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Kraken is much better than it used to be. I'm not sure if you heard but they had some downtown a couple months ago. It was schedule to take 2 or 3 hours and was down for 3 days. People were freaking out. Since then I've always been keeping my eyes out for a better alternative because when you have thousands of dollars sitting on an exchange and then the exchange just goes dark - it shakes your confidence just a little :)


 

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I have both an individual and a corporate account through Kraken.  Other than their period of being down for maintenance for what felt like an eternity, they are very smooth, and they are especially good in offering so many trading pairs including fiat (USD, Euros, and others) directly to XRP.  Communication is also relatively good, IMHO.  

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