Options to select when withdrawing from Kraken to Cake Wallet

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MacGruber

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I want to withdraw BTC from Kraken to Cake Wallet. I just started using crypto about 15 minutes ago, first time.

1. In Kraken, should I choose to use the Lightning network or the Bitcoin network for the withdrawal?

2. In cake wallet, which choice should I select for my receive address: Segwit P2WPKH, Taproot, Segwit P2WSH, Segwit-compatible, Legacy, anonPayInvoice, or anonPayDonationLink?

Thanks!
 
1. Always choose the main network. it's a lot slower than lightning but literally no vendors anywhere accept it and you'd have to pay fees for bridging back anyway.

2. just use whatever is default in cake, i.e p2wpkh. it's very rare that the average end user will need to mess with that setting in any wallet, especially if you're conducting simple p2p transactions.
 
LittleDabbie420 said:
Kraken sucks made it impossible to move coin i ended up abandoning the account with like 20$ in it. Pos.
Click to expand...
odd to hear. i move funds in and out of kraken on a constant basis for like half a decade and never experienced delays that weren't specifically mentioned by kraken at the time due to issues with any particular chain. they always process my withdrawals in like 5 seconds even for monero.
 
xenxra said:
odd to hear. i move funds in and out of kraken on a constant basis for like half a decade and never experienced delays that weren't specifically mentioned by kraken at the time due to issues with any particular chain. they always process my withdrawals in like 5 seconds even for monero.
Click to expand...

They seem to be a lot more scrutiny from new accounts in the first cpl weeks.
 
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  1. uncharted @ uncharted: @xenxra It's not the best advice but you could alway's bind a RAT to PDF file and pose as a lawyer from a different email saying someting about sueing or anything you can think that would make them scared/curious/greedy enough to open it and then drain their crypto or find out who it is and pinpoint their location and file charges. Just brainstorming.
  2. xenxra @ xenxra: I've opened a case with numerous exchanges at this point to monitor all the addresses I have on hand but after a lot of bakc and forth they all ultimately suggest I file a report with local PD but the people in my area are generally definitely not savvy enough to handle a case like this so I'd be left waiting around for them.to pass my case upto secret service or something
  3. xenxra @ xenxra: not a bad idea, I'm open to anything. problem is I don't really have a direct method of contact with the attacker. they used a VPN with a Google voice number to reach me.bc my number was leaked in a data breach (like 10 times at this point) and then the rest of the ordeal was carried out through a falsified coinbase front-end. atm I'm mostly just concerned with getting any phone numbers I have on hand suspended (done) and as many addresses as possible frozen (in progress)
  4. uncharted @ uncharted: @xenxra It's not the best advice but you could alway's bind a RAT to PDF file and send them an email from a differnt email posing as a lawyer/or some authority figure from a saying someting about sueing/fake affidavit or anything you can think that would make them scared/curious/greedy enough to open it and then drain their crypto or find out who it is and pinpoint their location and file charges. Just brainstorming.
  5. xenxra @ xenxra: appreciate the kind words everyone. I think I'll make it. if I can even just so much as manage to get one of these guys locked up with the trail.i have on them then I can sit well with that. based on a couple addresses I've come across they've taken at least $5mil total from other victims.
  6. T @ timyboy: BTC is soaring woohoo
  7. K @ knofflebon: @xenxra fuuuuuuuck I'm so sorry to hear that, goddamn. Crypto scammers are getting so sophisticated these days. Here's hoping this won't keep you down for too long, painful though it may be.
  8. PHXINC @ PHXINC: i dunno its not up my field. I understand you being over it. im sorry and people suck. shit i was pissed when the snow kids took 1200 from me. You have a good balance. kudos to you. There is another 100k out there.
  9. PHXINC @ PHXINC: i dunno its not up my field. I understand you being over it. im sorry and people suck. shit i was pissed when the snow kids took 1200 from me. Right before that i had a very large amount of things taken from me from a 'friend' through a combined deal to his drop of course. You have a good balance. kudos to you. There is another 100k out there.
  10. RiftChems @ RiftChems: My american heart shines bright tonight
  11. R @ rasetreydir: xenxra wow, 100k? So sorry to hear this but i I admire your patience, and optimism. I cant even pretend I would know what to do if i was in your shoes. Good luck
  12. xenxra @ xenxra: i mean i know how to do bc analytics and such so i figure the only thing a "hacker" on dread would be able to do is counter manipulate the dude but i have no method to contact him anyway besides maybe leaving a spooky note on chain with one of the eth addresses they funneled through
  13. xenxra @ xenxra: im honestly over it already, you live and learn.
  14. xenxra @ xenxra: meh not worth it. i know how to trade so i can bounce back in the end if im not able to recover it. i already spoke to binance and had three accounts frozen and im filing a police report tomorrow.
  15. PHXINC @ PHXINC: Go to the hacker forum on dread, i will say no more. People salivate for jobs like this. they gonna want 25-50% of your coin though if they get it.
  16. xenxra @ xenxra: looks like i lucked out and i might be able to trace this scumlord down
  17. xenxra @ xenxra: @PHXINC it was a pretty complex script they hit me with. I would not be surprised to find out they know how to wash it but I am planning to start tracking it myself tonight. I filed a report with ic3 but I'm not sure how long it'd even take them to look into it.
  18. PHXINC @ PHXINC: Wow. Bitcoin that is easily traceable. Depends how good they are at cleansing it but many are not as good as they think. Go hire up. Shoud not cost too much.
  19. xenxra @ xenxra: it took me like 5 years to save up that bitcoin too
  20. xenxra @ xenxra: @BraveLittleToaster it was yesterday, i'm trying to stay optimistic but that was a pretty big chunk of my savings. no recourse to get any of it back due to where it was taken from.
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