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Author Topic: Did your Exchange handle yesterdays huge price surge of ETH/BTC ?  (Read 299 times)
zzert1234 (OP)
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July 19, 2017, 04:22:23 PM
 #1

Kraken was dead yesterday during the surge.

I am still collecting recommendations which exchange to move to. Some people mentioned Bitfinex, but I don't who uses that?!?. They currently do not process fiat withdraws (don't know about deposits ), were apparently based in Taiwan for their banking and having problems sending money out of it. How does an exchange fund if it can't receive deposits ? Don't liking it all.

I don't like Poloniex either for their USDT not sure I want to be in that at all.  As far as I know USDT is a coin tied to USD.. but I want pure fiat not another coin.

With Kraken unreliable during yesterday's surge, not sure where to go.
OmegaStarScream
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July 19, 2017, 04:52:45 PM
 #2

If you want to deal with fiat then you have: BTC-E, Bitstamp, GDAX (related to Coinbase.com) and Gemini. You may find hard times to use a few of them If your country is not supported (since you didn't mention where are you from, you will have to check yourself). If we speak about the legitimacy then they are are legit and they handle everything smoothly. You can also check CoinMarketCap to see more BTC/EUR or USD exchanges: https://coinmarketcap.com/currencies/bitcoin/#markets

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Baofeng
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July 20, 2017, 03:45:00 AM
 #3

Kraken was dead yesterday during the surge.

I am still collecting recommendations which exchange to move to. Some people mentioned Bitfinex, but I don't who uses that?!?. They currently do not process fiat withdraws (don't know about deposits ), were apparently based in Taiwan for their banking and having problems sending money out of it. How does an exchange fund if it can't receive deposits ? Don't liking it all.

I don't like Poloniex either for their USDT not sure I want to be in that at all.  As far as I know USDT is a coin tied to USD.. but I want pure fiat not another coin.

With Kraken unreliable during yesterday's surge, not sure where to go.

Kraken was really a pain in the butt lately. And now they are saying that Last Quarter was 10x previous high as per their CEO. Maybe this is one of  the reason why Kraken has so many issues. But they should resolved them ASAP otherwise their customer will just turn away and look for alternatives.

And as per OmegaStarScream BTC-E, Bitstamp, GDAX and Gemini are good choices. I'm more incline to try GDAX an Gemini in the days to come. Right after Aug 1. When everything is settled down.

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zzert1234 (OP)
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July 20, 2017, 01:35:19 PM
 #4

Gdax/Coinbase is regularly offline during volume spikes.
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July 20, 2017, 02:50:50 PM
 #5

If Kraken is earning so much, I don't understand why they don't hire someone to take care of the system scaling during volume spikes. At the end of the day, it's only hurting their business.

There is no way it could be such a difficult issue to solve.

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