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Is kraken.com legit?

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Vitaly@feddit.uk
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asklemmy@lemmy.ml
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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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Otherbarry@lemmy.zip
9 points

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.

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Im_old@lemmy.world
5 points

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

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asudox@programming.dev
3 points

Yes but they have KYC.

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zagaberoo@beehaw.org
4 points

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

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