π₯ TOP Crypto TIPS In My E-newsletter π
π Signal Up To Kraken π
π Signal Up To Coinbase π
π² Coin Bureau Insider Channel π
π» Get The Prime Offers In Crypto π
πΊ Finest Crypto Buying and selling Bots π
βοΈ Lengthy-form Kraken Evaluation π
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β° Time Stamps β°
1:55 Coinbase Professional Overview
2:34 Kraken Overview
3:18 Security Comparability
8:30 Supported Cryptos
9:52 Supported International locations
10:27 Deposit Strategies Comparability
11:20 Change Charges
13:47 Account Opening Ideas
15:06 Coinbase Professional Coaching Performance
16:52 Kraken Buying and selling Performance
18:11 Buyer Assist
19:18 Cell Apps & APIβs
20:04 Ultimate Ideas
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βοΈ π Useful Hyperlinks π βοΈ
βΊ GDAX rebrand:
βΊ Kraken consumer numbers:
βΊ Kraken safety:
βΊ Kraken accepted international locations:
βΊ Coinbase accepted international locations:
βΊ Kraken Supported Cryptos:
βΊ Coinbase Professional Supported Cryptos:
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π Overview π
Getting your arms in your first crypto cash shouldn’t be straightforward and it may be much more complicated to know which trade to make use of. Iβm going to chop by the noise and simply let you know that two prime choices are Coinbase Professional and Kraken. Nonetheless, the massive query is: which one is best for you?
I am going by all the professionals and cons of those two trade titans that will help you choose the precise one.
βAbout Coinbase Professional & Krakenβ
Coinbase has been round since 2013 and is predicated in San Francisco. It boasts over 30 million customers and over $150 billion has been traded on the platform. Coinbase Professional is Coinbaseβs superior buying and selling platform and is touted by many as being top-of-the-line methods to get into crypto.
Kraken has been round even longer and was based in 2011. Like Coinbase, they’re additionally based mostly in San Francisco. Over 4 million energetic merchants name Kraken their house and they’re even elevating funding at a $4 billion valuation – not too shabby.
πChange Securityπ
Coinbase Professional makes use of all the identical safety protocols and procedures as Coinbase. 98% of consumer funds are saved offline and the personal keys are saved in a number of secure deposit bins.
USD accounts have FDIC insurance coverage for USD accounts.
Kraken retains 95% of all deposits offline. Servers are even protected by armed guards. Each exchanges additionally provide 2FA safety to safe their accounts and are trusted by institutional purchasers.
βΏ Supported Cryptos βΏ
Coinbase Professional helps 29 completely different cryptocurrencies to the 34 supported by Kraken.
πΈ Fiat Assist πΈ
Coinbase Professional presents USD, EUR and GBP help. Kraken presents all that, plus CAD, YEN and Swiss Franc buying and selling pairs.
π Accepted International locations π
Kraken accepts prospects from all over the place on the planet besides: Afghanistan, Cuba, Guinea, Iran, Iraq, Japan, North Korea and Tajikistan.
Coinbase, alternatively, accepts customers from 100+ completely different international locations.
π³ Deposit Strategies π³
Krakenβs core deposit methodology is financial institution switch. Coinbase Professional has extra choices and helps PayPal, debit card and bank card for some international locations.
π° Charges π°
Coinbase Professional is signficantly costlier to make use of than Kraken. If you wish to watch these charges, then the selection is evident.
π₯οΈ Account Opening Ideas π₯οΈ
You’ll have to KYC at each exchanges. With Coinbase Professional you’ll want to open and confirm an everyday Coinbase account first. Your login and password can be precisely the identical for Coinbase Professional.
π Buying and selling Performance π
Watch my video to study all about that.
π§ Buyer Assist π§
Coinbase Professional presents e mail and restricted cellphone help. Kraken presents 24/7 stay chat which normally responds in 30 seconds.
π± Cell Apps & APIβs π±
Each exchanges provide cellular apps and APIs to connect with crypto buying and selling bots.
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π Disclaimer π
The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any specific final result.
#coinbase #kraken #bitcoin #btc #buying and selling #exchnage
Source: Coin Bureau
46 Responses
many see forex say a get rich scheme but forex is not like that, it's a gradual process with the right tools and application you can make a living from forex trading….
You didn't even mention that Kraken doesn't accept ACH deposit, which is a huge drawback for most American residents.
Thank you Guy , Kraken takes it
Excellent in-depth comparison! You brought up issues that i hadn't thought about. Thanks!
For a US customer, ACH support from Coinbase Pro over Kraken is the biggest advantage. Kraken has been trying to add ACH bank transfer support back for over a year. They say it will be back soon, I have heard it will be back approximately the end of the year 2021. Until Kraken has ACH support, Coinbase Pro seems to have the clear advantage for US customers.
Kraken customer service is very responsive
Kraken needs to add free ACH deposits. Wire transfers are expensive.
Great effort π
both have yubikeys
amazingly concise. thank you from Aus. Subscribed.
Sounds like phill mi kraken won
Thank you very much Guy
"The FDIC officially insures $250,000 of the deposits"
FYI, it can only do that if 1 or 2 banks fail at the same time, and is useless in case of a systemic failure. They hold in reserve less than 1% of the total deposits itβs supposed insuring (not in cash but $25b in treasuries, which are loans to the government and their quality depends on the credit rating of the government, here the US gov).
Thank you. I bought some bitcoin on Coinbase and tried sending it an outside wallet. It took a week to get there all the while bitcoin dropped in price. Are these delays the same with Coinbase Pro and Kraken. I need to bitcoin to send immediately to my trading platform. I canβt wait a week to trade. Have you noticed this with Coinbase. Also, how do I send bitcoin to Kraken and then cash it out to my bank account? thanks
Do not trust Kraken their site was hacked and I had 22,000USD stolen now they dont give a damn. Do not trust them
Upvote for "Streets ahead"
6 seasons and a MOVIE!
A simple video…..with clear cut information….doesn't give any mixed ideas…..video was informative…….I am happy that I chose Kraken over coinbase.
I chose Kraken because it was founded by a guy naed Powell and sidney Powell said she would release the Kraken on a 17th
I ended up going with Coinbase pro because in order to deposit for kraken you have to call your bank and initiate a wire transfer anytime you want to deposit which is kind of a pain in the ass. Also, the FDIC insurance for Coinbase only covers fiat currency NOT crypto pretty important distinction. I live in Texas otherwise I would have went with binance most likely
Heil Guy ! You need some sun mate.
I donβt like how kraken asks for my full ssn. Coinbase only asks for last 4
Hey Guy, as this video progresses, it's apparent that your face favors 5 o'clock moustaches vs beards. Perhaps that's your sign. Besides, a moustache coupled with an English accent always sounds more authoritative. Cheers dude!
coinbase pro has caused me such a headache. They put holds on orders while trying to trade almost everytime there's significant volume being traded. And the fees are absolutely way to much. Makes it almost pointless to day trade on. Completely gave up on trying with CBP.
6:55 this sounds like an amazing Hitman level
Keep this up! It is interesting to know the particulars.
Coinbase 100 percent sucks when it comes to customer service Iβm still waiting almost a month now for a response. My account was hacked on Coinbase and the issue is still under investigation currently my account is disabled and it certainly doesnβt help when you canβt speak to anyone
Well thats easy kraken doesn't sell you out to the government
Yβall still waiting for a squeeze ? I have a few shares left after a decent gain. It might be diluted in May.. be smart boyz
Kraken is now offer phone customer support just a few weeks ago and I was one of few customer that first called they have an awesome customer support team plus you can listen to the entire conversation via e-mail
Awesome and very insightful updates Well i will also say this here… Even as the world still experience slow recovery in terms of economic meltdown due to the recent Covid-19 outbreak, it is best advised to find another alternative to make good income.
I'm taking your: "Sunny place for shady people" is a nod to Corey Hart's song": "Sunny Place, Shady People"
Ripple is not offered by Kraken..WTH
If I had a bitcoin for everytime I heard a youtuber say "Im not a financel adviser" … π
Kraken doesn't accept ACH so I have to pay a $25 wire fee from my Chase account.
Just a heads Up!
Most of you who would be watching it from US would tends to inclined towards the Kraken beacuse of their low trading fees for maker and taker(nealry half below $ 10k ) in compare to Coinbase Pro. But, Kraken Desposit don't use ACH transfer for FIAT Money like USD. They use Wire Transfer for which there is a flat fee of 30$ for every transaction.
Spent like an hour to research it out!
Do not trust Kraken their site got hacked and I had 22,000USD stolen now Kraken donβt give a damn. Dont trust them!
Nice video!!! Very engaging from the beginning to end.nevertheless business and investment are the easiest way to make money irrespective of which part you came from..
Kraken = Doggy
Noooooo to Kraken
Donβt use Kraken itβs doggy and will leave you short of pocket.
be a way from Coinbase , more than a week I couldn't buy or sell because my account under review without notification or any explications. really is the worst scenario it can imagine to happen. Watching my account down and down…
Kraken is best β€οΈ. Uphold is baddd
This video is streets ahead.
I'm registered on both. How do I transfer my coins from Coinbase pro to Kraken?
You're the best. Well done.
Dude your awesome and funny. I have learned so much on your channel.Your very clear and to the point no bs always giving great sound advice. Incredible voice u could do animae most definitely. Thanks ππ