Cryptocurrency

[northernladuk]

I see it's gone up. Could be hitting a stop soon.

[mattfx]

NLUK are you particularly bored today? It's unusual to see you in this thread!

[Olly550]

My 1200eur has arrived in kraken, sent it at 10am this morning as a sepa transfer from revolut and its already there, surprised its that quick.

Ok, bitcoin is priced heavy at the moment I think im gonna wait for a pullback.

Is it ok to leave the cash in kraken or should I convert it for some other coin then withdraw to a wallet?

Thanks in advance, appreciate it.

[VirtualMonkey]

I didn't have any issues with Kraken and the storage of money.
The only issue I had with it (and this is the reason I moved to Bittrex) is that it very often struggles in periods of high activity and you can miss trades or have to try multiple times to get something through

[Olly550]

I didn't have any issues with Kraken and the storage of money.
The only issue I had with it (and this is the reason I moved to Bittrex) is that it very often struggles in periods of high activity and you can miss trades or have to try multiple times to get something through

Nice one. Just going to leave the euro balance on there at the moment then until Bitcoin comes down a bit. Im itching to have a play with these alt coins but cant until I get this cash changed for bitcoin.....aaaah feel anxious. Guess more time to keep reading and preparing wont do me any harm.

[Agent]

What sort of fees do you pay with buying bitcoin through Kraken? I've been buying through Gdax using Euro SEPA transfer. No fees as such but effectively a fee with the buy price I guess.

[Olly550]

What sort of fees do you pay with buying bitcoin through Kraken? I've been buying through Gdax using Euro SEPA transfer. No fees as such but effectively a fee with the buy price I guess.

No fee to transfer euro in using sepa transfer.
They have a % charge for both maker and taker, so not free like gdax if you do a pending order. But the price against bitcoin is about £100 cheaper last time I looked, so to me it seemed cheaper overall.

[psychocandy]

Just bought a hardware wallet for my BTC (and a few others). £60 or so on amazon.

Only bummer is I guess I have to pay fees to transfer to my current online wallet to this...

[Agent]

Just bought a hardware wallet for my BTC (and a few others). £60 or so on amazon.

Only bummer is I guess I have to pay fees to transfer to my current online wallet to this...

Which wallet did you buy?

[Lance]

Just bought a hardware wallet for my BTC (and a few others). £60 or so on amazon.

Only bummer is I guess I have to pay fees to transfer to my current online wallet to this...

I don’t understand these.
Without a backup it’s a risk.
With a backup you don’t gain any security.