I want to invest in some crypto, I know that this requieres ID verification usually. Is https://www.kraken.com/ a good website for investing? Because I don’t really want to send my ID to some dudes on the internet. Thank you

  • pythia@lemmy.dbzer0.comEnglish
    3·
    1 month ago

    Just a side-note: That ID requirement is because of the “Know-Your-Customer” thing. A helpful user pointed me to this site -> https://kycnot.me/ Helped me to quit Coinbase and own my own keys/coins on Electrum.

    • Vitaly@feddit.ukOP
      3·
      1 month ago

      Thanks, how are the fees in bisq compared to coinbase and other centralized services?

      • pythia@lemmy.dbzer0.comEnglish
        1·
        1 month ago

        can’t tell you about Bisq. That looked complicated af ^^ I’ve used EXCH and for swapping 100 $ ETH to BTC the gas was 0.96 $ a few weeks ago…

  • shaserlark
    2·
    1 month ago

    They are as alright as a centralized exchange can be, getting more and more corporate tho, it’s not the same company it was 5 years ago anymore. But they’re still very close to the community, they aren’t a big fan of KYC themselves but they have to do it. If you want to avoid that better go with decentralized exchanges.