5
submitted 2 weeks ago* (last edited 2 weeks ago) by Vitaly@feddit.uk to c/crypto@lemmy.ml

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

you are viewing a single comment's thread
view the rest of the comments
[-] pythia@lemmy.dbzer0.com 3 points 2 weeks 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.uk 3 points 1 week ago

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

[-] pythia@lemmy.dbzer0.com 1 points 1 week 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...

this post was submitted on 07 Nov 2024
5 points (72.7% liked)

cryptocurrency

2617 readers
3 users here now

The largest cryptocurrency community on the Fediverse!

Lemmy community dedicated to cryptocurrency news, technicals, education, memes and so more!

💬 Chat on Community Improvements and Development

Community Knowledge Base:

Be nice, have fun.

Community rules:

General lemmy.ml instance rules applicable here too.

Ugly brother of this community: bωockchain

For a community devoted to cryptography itself, visit c/cryptography

founded 5 years ago
MODERATORS