Kraken..... Legit or no?

T

twangle

Member
Joined
Oct 4, 2014
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6
I, along with many others here, apparently,  are having a helluva time figuring out all the details of BitCoin...... A social media friend, referred me to a site called Kraken.Com......... It supposedly makes the whole process of buying/using bitcoins a whole lot easier without all of the intrusive crap that comes along with coinbase.    Has anyone here used this site, and can anyone verify it's legitimacy??

 
I am not an expert. I ultimately did not like kraken. It is not user friendly but not impossible to figure out. The thing I did not like about kraken was the only way to fund my account was with a wire transfer from my bank account. My bank charges $18 per wire transfer. This is too expensive. I am now using cash app. The fees are low and its very versatile. I can buy and transfer Bitcoin to my wallet. I can pay friends cash just like venmo. It's a company founded buy square who do credit card services for businesses. Cash app does a lot of things, with low fees and minimal hassle.

 
Thanks for your input, Tincup - 

That does sound like a hassle...... I did not know they required direct wire transfers, yeah that's a no go for me.     I've heard alot of good about CashApp, looks like I need to go ahead and start using it!     Thank you for the reply!

 
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