Kraken deposit

[sann111]

Hey guys,

Does anyone have experience wiring USD to kraken? Is it safe to keep money on their exchange? How long do you see the
transfer?

[donaldrobin]

Hey guys,

Does anyone have experience wiring USD to kraken? Is it safe to keep money on their exchange? How long do you see the
transfer?

Never keep your money on an exchange, look around here which wallet people advice or get a hardware wallet, I think if you search you will find a lot of topics on this subject

[silverstar43]

If your new to kraken, you have to go thru the verification process.
That can take much longer now due to high volume of applicants.

Seems you have to be Tier3+ to do a wire transfer.
Like ACH deposits, it can take 5 business days.

Only keep coin on exchange that you plan on trading.
Is safer to use a software wallet or hardware wallet where you control the private key.

[barneystinson]

Hey guys,

Does anyone have experience wiring USD to kraken? Is it safe to keep money on their exchange? How long do you see the
transfer?

My 2 cents for you is that use the money on your exchanges for trading or hodling coins. But if you want to store your coins into a wallet please use a ledger instead.