FTX vs. Kraken: Which is BEST? Compared Side-by-Side!!


πŸ“² Insider Info in my Socials πŸ‘‰ https://guy.coinbureau.com/socials/
πŸ›’ FTX: 1st $30 in Fees for FREE + 10% Discount πŸ‘‰ https://guy.coinbureau.com/ftx/
πŸ›’ Sign Up To Kraken πŸ‘‰ https://guy.coinbureau.com/r/kraken
πŸ‘• Check Out My Merch πŸ‘‰ https://store.coinbureau.com
πŸ”₯ TOP Crypto TIPS In My Newsletter πŸ‘‰ https://guy.coinbureau.com/signup/

~~~~~

– TIMESTAMPS –

0:00​ Intro
1:40 Who is Kraken & FTX?
7:03 Security
11:10 Country & Asset Support
13:00 Deposit & Withdrawals
15:35 Trading Fees
18:22 Trading Interfaces
19:26 Customer Support
20:06 Other Features
22:13 Final Thoughts

~~~~~

πŸ“Ί Recommended Vids πŸ“Ί

β–Ί Ultimate guide to FTX US: https://www.youtube.com/watch?v=mFTZFdgJrjg
β–Ί All you need to know about Kraken: https://www.youtube.com/watch?v=TwTqG3vDzeg
β–Ί Complete FTX walkthrough: https://www.youtube.com/watch?v=ywJdQxTBF0g
β–Ί The truth behind leverage: https://www.youtube.com/watch?v=z4_8xVYGvks

~~~~~

⛓️ πŸ”— Useful Links πŸ”— ⛓️

β–Ί Kraken licenses: https://support.kraken.com/hc/en-us/articles/360031282351-Is-Kraken-licensed-or-regulated-
β–Ί Kraken accepted countries: https://support.kraken.com/hc/en-us/articles/360001368823-Where-can-I-use-Kraken-#h_01FFFG5WQCXVKG9V0EV4H2NAB9
β–Ί FTX blocked countries: https://help.ftx.com/hc/en-us/articles/360042412652-Location-Restrictions-
β–Ί Kraken supported cryptos: https://support.kraken.com/hc/en-us/articles/360000678446-Cryptocurrencies-available-on-Kraken
β–Ί FTX fees: https://help.ftx.com/hc/en-us/articles/360024479432-Fees
β–Ί Kraken fees: https://www.kraken.com/features/fee-schedule/#kraken-pro

~~~~~

❓ Who is Kraken & FTX? ❓

Kraken opened its doors to traders way back in 2011. To put that into context, Bitcoin had only been around for 2 years back then.

But who heads up Kraken? Well, that would be Jesse Powell – who saw the MTGOX exchange debacle unfold in front of him. That inspired him to start Kraken.

Kraken is based out of San Francisco and has completed 28 funding rounds – I imagine that’s partly due to their stringent regulatory compliance.

But what about FTX? Well, these guys have raised over $1.3 billion in funding in 2021. A bunch of that seems to have been spent on blockbuster sponsorship deals

Now, when it comes to who is behind FTX, that would be Alameda Research – a major crypto VC. Anyhow, these guys incubated FTX exchange.

πŸ”’ Security πŸ”’

Kraken claims to be home to β€˜industry-leading security’. Those claims seem to be well founded, with 95% of all crypto on the exchange being kept offline in cold storage. There also isn’t a giant honeypot of crypto either.

I get into the security precautions made by Kraken in this vid – so check that out!

When it comes to FTX, they have some of the best account security features I have ever seen. That includes things like setting withdrawal passwords

🌍 Country & Asset Support 🌍

Kraken supports a very extensive range of countries. So, unless you live in North Korea, then chances are that you can create an account here.

With FTX, they have instead used a restricted country list. Yes, that mainly includes the usual countries on the international naughty list. However, if you are from the US then you’ll want to check out FTX’s US version of the exchange.

When it comes to supported cryptos, Kraken gives you access to around 100, whilst about 275 are available at FTX.

πŸ’΅ Deposit & Withdrawal Methods πŸ’΅

Now, fiat currency support is particularly important if you live in a country with an exotic currency – if you are not careful you could pay huge foreign exchange fees.

The good news is that both Kraken and FTX support a decent number of fiat currencies. However, FTX does offer a few more.

Both exchanges offer deposits via card, but you’ll be charged a hefty fee if you use that. I’d honestly opt for bank deposits here – use that and you can deposit on both exchanges for free.

πŸ“ˆ Trading Fees πŸ“ˆ

You should pay attention to these – they really add up over time. At Kraken, you’ll likely pay 0.26% in trading fees. Whereas at FTX, most of you will be able to slash that to just over 0.06% – four and a half times cheaper than Kraken.

πŸ–₯️ Trading Interfaces πŸ–₯️

Honestly, I find Kraken’s interface a little cluttered and have to give FTX the edge here.

🎧 Customer Support 🎧

Kraken crushes FTX hands down here. They offer really good live chat support, whereas FTX just offers ticketed email support and the option to reach out to them on a bunch of social platforms.

πŸ€” Other Features πŸ€”

Watch my vid to learn what else these exchanges offer.

πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#FTX #Kraken #Exchange #bitcoin #crypto #altcoins

Forex Megadroid Robot – Understanding How This Software’s System Goes About

The Forex trading is a big sector, it remains to grow and succeed as both old as well as brand-new aspiring traders takes part. To decrease the hassle and also tension in trading, automated trading robotics were created which assisted both the sector and the trader.

Forex Megadroid Review – Pros and Cons of This Newest Forex Robot in the Market

The Foreign exchange Megadroid has some substantial quantities of post evaluations spread out all over the web and also most of them are positive feedback. This article will have both advantages and drawbacks stated by customers that have actually been using this software program for a long time. Allow’s encounter it; there is no software program that can match each as well as every investor’s needs, so advantages and disadvantages of that software program need to be thought about prior to acquiring it.

Forex MegaDroid – It’s Objectives and What to Expect About It

A whole lot of automated trading robotics are being introduced into the world of Fx trade nevertheless the majority of their cases seems also great to be true be it the promotions or declarations on their websites or in various other types of media. A good customer needs to do some research before purchasing among them besides it just requires several of your time which consequently can help you conserve your money.

Will a Purchase of the Forex Megadroid Robot Make Trading a Lot Easier and a Success?

The Forex Trading sector has actually been proliferating throughout the years; same thing goes for the modern technologies that are being made use of by these automated trading robots which expand more and more advancement. Very long time foreign money exchange traders that are used to hand-operated trading will certainly have questions, in which instance they could be considering to switch over to computerized trading especially when they are extra confident when they manage their own money rather than a robotic, for them it could feel a bit like threatening their financial investment.

Forex Megadroid Robot – Understanding Risk Free Automated Forex Trading Claims

You can’t aid it if you are having doubts about buying one these Forex Trading Robots, Foreign Exchange is not a joke particularly if you have invested significant amounts of cash. Automated Foreign exchange trading has been practiced by traders since it was presented; nevertheless like ALL software out there nothing is best.

You May Also Like