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Is kraken.com legit? (feddit.uk)

submitted 1 week ago by [email protected] to c/[email protected]

4 comments fedilink hide all child comments

cross-posted from: https://feddit.uk/post/19668588

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

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[–] [email protected] 8 points 1 week ago (1 children)

They are a legitimate crypto exchange.

Pretty sure they do ID verification depending on residency but you'd need to check their site for specifics.

[–] [email protected] 4 points 1 week ago

Yeah they do KYC (know your customer). Pretty straightforward anyway.

[–] [email protected] 4 points 1 week ago

Yep, Kraken's been a big player in the exchange space for a long time.

[–] [email protected] 2 points 1 week ago

Yes but they have KYC.