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RE: Poloniex Receives 41,917 in Steem Deposits But No Withdrawals for a Week!
I lost faith in Poloniex. I've moved to Bittrex several weeks ago and have only used Poloniex as a test of wallets to help steem holding friends still stuck there. Bittrex has been very reliable. Easy to open an account. I'm also using Kraken for buying crypto with fiat. The site takes a little while getting used too but beats Coinbase for sure. They answer support queries within hours! Recommended.
I am new in steemit .. i saw your video and come to this social thanks for your valuable coaching support me and bless me thanks
Tarquin thank you for sharing your experience here with us! I am considering on signing up for Kraken and my main concern is the length of the account verification process because my friend @aarellanes said that his application has not been reviewed in two months. How did you find the process of getting your deposit and withdrawal limits raised?
Kraken is basically easy. They have a 4 tier process. The 4th is only needed for very large transfers. The first three tiers took me under 15 mins to complete. Basic verification. The only slight difficulty is that they ask in tier three for a photo holding the ID by your face and date (similar to Steem introduce yourself) which is easy enough it's just the link isn't obvious so easy to miss. They take bank transfer which are easy enough to do. Just don't do what I did and forget the unique reference number! However they moved very fast to sort it all out for me and replied to support queries within a couple of hours max. It did take 10 days to get the transfer allocated (this was my mistake) as they only have a few people enabled to allocate interferences deposits missing a reference tag - a good safety measure. Withdrawing bitcoin is a nice process and you can add names to adresss's for easy repeat withdrawals. Of course the other advantage of Kraken is that you can easily trade/buy EOS for us @Dan fans. So to summarise although the Kraken interface takes a little exploring, its highly verstalie, the set up feels sturdy and the support is superb - and the verification is quick so long as you are careful to upload each item they request inc. the selfie/ID which is an easy to miss link.
Yep tarquinmaine pretty much sums it up. I signed up during the height of customer influx, so i had to wait 3 weeks to even get verified to level 2! But once they caught up, it was instantly upgraded to level 3 as well. Always worth going through the process now, rather than having to do it when Kraken lists a product you can only trade there (unlikely, but can happen in case other exchanges like Poloniex have some of their common issues again)
@jerrybanfield I recently signed up for kraken and the whole process to get verified to tier 2 level only took a few hours. This level does have deposit and withdrawal limits but they are quite generous considering you only need to give your name, address and bank details to get to this tier.
If you need higher limits then you need to upload some form of ID which I haven't done yet so I can't confirm how easy it is to do.
However the fees are much better than the likes of coinbase and I believe the whole signup process was actually better.
I signed up for Kraken about a month ago. I submitted all my documentation and was fully verified within 12 hours. Pretty quick compared to what i have heard.