Hi Everyone,
Two days ago I created a Kraken account in order to purchase Iconomi and EOS!
I have accounts both in Poloniex and Bittrex and I really like both platforms so far. Lately, I am trading mostly on Bittrex because it has more choices and I trust it more (Personal Opinion). Also I really love the buy-sell limits, the ability to use Fibonacci and so on.
Kraken, has fewer coins than both Poloniex and Bittrex , you will be able to trade only 18 coins! However it has coins that you will only find there, such as Iconomi and EOS! And they are both so amazing coins that you really need to have the option to buy them. (DYOR please)
So Lets Start:
Creating an account on Kraken is really easy, it will take less than 2 minutes to complete. When you complete the main info, you will have no ability to deposit fiat or any cryptocurrency, you need to get to Tier 1 at least in order to transfer BTC. You have the option to fill the information for Tier 2 and Tier 3 but that will take time to be approved (Its been 2 days so far, and no approval).
Once I finished creating the account I transferred bitcoin form Coinbase (35min) and I purchased my two coins (EOS and Iconomi). The first time I tried to navigate in the page I did got confused, it is more complicated than Poloniex and Bittrex (for me at least).
Also the graphs are awful, if you ask me. You do not have the ability to see candles or use tool on them. Just check the image bellow:
It took me about 5-10 min to figure the hall thing out, I was disconnected about 2-3 times and I got an error on my webpage a few more times. My trust to the site is lower than Poloniex and Bittrex but damn those two coins!
Pros:
Cons:
Please share your thoughts on Bittrex and point out staff that I have forget to mention.
