Bitcoin Forum
May 24, 2024, 03:24:16 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Is Kraken a scam? Yes, nearly.  (Read 1851 times)
parentibule (OP)
Full Member
***
Offline Offline

Activity: 406
Merit: 100


View Profile
September 15, 2017, 01:36:53 PM
 #1

I defended a moment Kraken against attacks, then a little less, then even less.

Now, I opened my eyes and definitively quit this crappy exchange! I've already negotiated some of my losses in Kraken Fee because of their bugs but now it's too big! Whenever there is a strong upward or downward trend, it is impossible to connect.

They liquidated my positions just when it went up, causing me to lose more than 20%. And during that time, I could not connect! EACH time I have to urgently made operations, it's impossible.

I say it's a scam because they had problems for months; they removed everything (some coins, all complex orders) and nothing changes at all.

I do not know which platform offers orders a little less basic than sell/buy limit/market but I quit for sure.
parentibule (OP)
Full Member
***
Offline Offline

Activity: 406
Merit: 100


View Profile
September 15, 2017, 02:53:00 PM
 #2

How it's curious: it's very easy to lose lot of money on Kraken (impossible to sell when you want) but impossible to win (impossible to buy).
jezus
Sr. Member
****
Offline Offline

Activity: 560
Merit: 250



View Profile
September 15, 2017, 04:44:04 PM
 #3

I have only create account in kraken.Never selling or buying.

█████████████████████████████████████████
██                                     ██
██ █████████████▄ ▀███████████████████ ██
██ ██          ▀██▄ ▀██▄            ██ ██
██ ██            ▀██▄ ▀██▄          ██ ██
██ ██              ▀██▄ ▀██▄        ██ ██
██ ██                ▀██▄ ▀██▄  ▄▄████ ██
██ ██                  ▀██▄ ▀████▀▀    ██
██ ██                    ▀██▄ ▀▀ ▄████ ██
██ ██▄                     ▀██  ██  ██ ██
██ █████▄                 ▄▄██  ██  ██ ██
██     ▀███▄        ▄▄██████▀ ▄▄ ▀████ ██
██ ████▄ ▀▀██ ▄▄██████▀▀ ▄▄▄▄████▄▄    ██
██ ██  ██  ▀███▀▀▀ ▄▄▄▄██▀▀▀▀▀  ▀▀████ ██
██ ██  ██ ▄▄▄▄▄▄██▀▀▀▀▀█▄           ██ ██
██ ████▀  ▀▀▀▀▀▀▀ ▄███▄ ▀▄          ██ ██
██   ▄▄▄██▀▀▀▀▀█ ██   ██ █▄         ██ ██
██ ██▄▄▄▄▄▄▄▄▄▄█ ███████ █████████████ ██
██                                     ██
█████████████████████████████████████████
LASER ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
BLOCKCHAIN WITHOUT BORDERS












A BLOCKCHAIN-AGNOSTIC SERVICE LAYER
FOR IMPROVED SPEED, ANONYMITY, AND INTEROPERABILITY
[]
HODL to the moon
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
September 15, 2017, 08:25:25 PM
 #4

I think the real problem is that at time of turmoil the exchange goes offline and pitch black, and blames it on overload. That is when real money is being made..

jeremypwr
Legendary
*
Offline Offline

Activity: 3066
Merit: 5105


🤑 Free Bets have been credited 🤑


View Profile
September 15, 2017, 09:01:23 PM
 #5

I've never had a problem with Kraken.  One of my go-to exchanges as a matter of fact.

.
.BITCASINO.. 
.
#1 VIP CRYPTO CASINO

▄██████████████▄
█▄████████████▄▀▄▄▄
█████████████████▄▄▄
█████▄▄▄▄▄▄██████████████▄
███████████████████████████████
████▀█████████████▄▄██████████
██████▀██████████████████████
████████████████▀██████▌████
███████████████▀▀▄█▄▀▀█████▀
███████████████████▀▀█████▀
 ▀▀▀▀▀▀▀██████████████
          ▀▀▀████████
                ▀▀▀███

.
......PLAY......
PranDoW
Sr. Member
****
Offline Offline

Activity: 420
Merit: 252



View Profile
September 15, 2017, 09:37:17 PM
 #6

I've never had a problem with Kraken. 

Same, for me it`s always works correctly.
limmousine
Sr. Member
****
Offline Offline

Activity: 546
Merit: 251


View Profile
September 16, 2017, 02:14:31 AM
 #7

as long as i use and trade in kraken i never get in trouble. all safe, deposit and withdraw was smooth. just share my experience, not to defend kraken.
h0lybyte
Hero Member
*****
Offline Offline

Activity: 924
Merit: 511


View Profile
September 16, 2017, 03:57:44 AM
 #8

As far as i know about kraken,they have least security. Do you know bittrex is one of the biggest exchanges in crypto market with large number of trade pairs?
You can simply move to bittrex so you let them serve better.
I do have my personal experience with bittrex.Bittrex has no such issues till now as they carry out an SSL protection to kep your funds safe and secure.
DRVX
Hero Member
*****
Offline Offline

Activity: 966
Merit: 500



View Profile
September 16, 2017, 04:11:05 AM
 #9

Kraken is not the worst exchange in cryptoworld. I'm using it from time to time. I can say it is good to buy or exchange some altcoins, so it is not a scam.
For example Poloniex looks more dangareous exchange, they never answer on tickets.
MFahad
Hero Member
*****
Offline Offline

Activity: 2478
Merit: 644


Eloncoin.org - Mars, here we come!


View Profile WWW
September 16, 2017, 05:53:38 AM
 #10

I have only create account in kraken.Never selling or buying.

Only for those to try to abuse the system. We don't use them personally but we've heard nothing that would make him sound like a scam. Other than those two get their accounts bad because they have multiple accounts, Dont use multiple IP addresses, or do other things to break their terms of service.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
.
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
.
 ElonCoin.org 
.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"
▬▬▬▬▬
sonybyc
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
September 16, 2017, 06:14:49 AM
 #11

I have account in kraken ,deposit and withdraw no problem
MisterKT
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
September 16, 2017, 08:54:03 AM
 #12

I don't have any issue with buy coins with Kraken, but I did noticed that the prices are always higher on kraken. For instance if the trend is 60$ per Litecoin, the price will be around 63-65$ on kraken
Hypercube
Member
**
Offline Offline

Activity: 119
Merit: 105


Semantically satiated.


View Profile
September 16, 2017, 09:25:02 AM
 #13

Although they have pretty bad response time and availability with tons of downtimes, stating it's a scam seems like a harsh statement.

I do understand that people who lost money are pissed, but this has been a known issue for a while now. I see Kraken as one of the easiest gateways to crypto for EU bank accounts, but otherwise it's true that if you plan on trading daily and/or putting margin orders, it's definitely bad and you should consider more stable ones.
faceoff97
Full Member
***
Offline Offline

Activity: 644
Merit: 113



View Profile
September 16, 2017, 09:29:25 AM
 #14

I suggest that you have to move with more trusted and secure service. I know one which is known secured in bitcoin market, try bittrex because it is SSL protected. There were no issue attached with bittrex until now, I have tested their service also and found it good. There are other safe and secure service try to move and avoid such kind of spam. What's good about bittrex is its trade pairs. You can try it,


HODL to the moon
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
September 16, 2017, 10:53:45 AM
 #15

I have only create account in kraken.Never selling or buying.

Only for those to try to abuse the system. We don't use them personally but we've heard nothing that would make him sound like a scam. Other than those two get their accounts bad because they have multiple accounts, Dont use multiple IP addresses, or do other things to break their terms of service.


I used Kraken quite often, but we definitely need more decentralised exchanges for the future.

Hypercube
Member
**
Offline Offline

Activity: 119
Merit: 105


Semantically satiated.


View Profile
September 16, 2017, 04:29:58 PM
 #16

I suggest that you have to move with more trusted and secure service. I know one which is known secured in bitcoin market, try bittrex because it is SSL protected. There were no issue attached with bittrex until now, I have tested their service also and found it good. There are other safe and secure service try to move and avoid such kind of spam. What's good about bittrex is its trade pairs. You can try it,

Having a SSL doesn't mean shit and is the new normal, any wordpress website can have it for free now. Kraken has one, Liqui, EtherDelta, NovaExchange.. I'm not aware of any exchange running without a SSL, so I don't really get your point.
PokerBetting
Hero Member
*****
Offline Offline

Activity: 700
Merit: 563



View Profile
September 16, 2017, 11:36:07 PM
 #17

I defended a moment Kraken against attacks, then a little less, then even less.

Now, I opened my eyes and definitively quit this crappy exchange! I've already negotiated some of my losses in Kraken Fee because of their bugs but now it's too big! Whenever there is a strong upward or downward trend, it is impossible to connect.

They liquidated my positions just when it went up, causing me to lose more than 20%. And during that time, I could not connect! EACH time I have to urgently made operations, it's impossible.

I say it's a scam because they had problems for months; they removed everything (some coins, all complex orders) and nothing changes at all.

I do not know which platform offers orders a little less basic than sell/buy limit/market but I quit for sure.

you account liquidated  because you use margin trading system, and youre balance is limit to liquidation
if you not want liqudate in trading, you can use normal trading not margin trading

iam smile and iam not believe you lost in trading and you say exchanger scam

ALWASA
Sr. Member
****
Offline Offline

Activity: 414
Merit: 250


BITDEPOSITARY - Make ICO's , More Secure


View Profile
September 17, 2017, 12:33:56 AM
 #18

I defended a moment Kraken against attacks, then a little less, then even less.

Now, I opened my eyes and definitively quit this crappy exchange! I've already negotiated some of my losses in Kraken Fee because of their bugs but now it's too big! Whenever there is a strong upward or downward trend, it is impossible to connect.

They liquidated my positions just when it went up, causing me to lose more than 20%. And during that time, I could not connect! EACH time I have to urgently made operations, it's impossible.

I say it's a scam because they had problems for months; they removed everything (some coins, all complex orders) and nothing changes at all.

I do not know which platform offers orders a little less basic than sell/buy limit/market but I quit for sure.

You did the right decesion because your just wasting your time in here, imagine you lose the big amount of what you have but the dev just ignore it. That's too bad.


   ▄▄██▄▄
 ▄████████
▄██████████▄
████████████
▀██████████▀
 ▀████████▀
   ▀████▀
   ▄████▄       ▄▄██▄▄
 ▄████████▄   ▄████████▄
▄███████████▄███████████▄
█████████████████████████
▀██████████▀ ▀██████████▀
 ▀████████▀   ▀████████▀
   ▀████▀       ▀████▀
   ▄████▄       ▄████▄
 ▄████████▄   ▄████████▄
▄███████████▄███████████▄
█████████████████████████
▀███████████▀███████████▀
 ▀████████▀   ▀████████▀
   ▀▀██▀▀       ▀▀██▀▀
   
   
         Q-RATIO MARKET FUNDING COMMUNITY
   MAKE ICO'S MORE SECURE,
           STOP SCAMS
WITH BITDEPOSITARY       
/
 

                   ▄▄████
              ▄▄████████▌
         ▄▄█████████▀███
    ▄▄██████████▀▀ ▄███▌
▄████████████▀▀  ▄█████
▀▀▀███████▀   ▄███████▌
      ██    ▄█████████
       █  ▄██████████▌
       █  ███████████
       █ ██▀ ▀██████▌
       ██▀     ▀████
                 ▀█▌
 

    ▄█████
   ████▀▀▀
   ████
   ████
██████████
▀▀▀████▀▀
   ████
   ████
   ████
   ████
   ████
   ▀▀▀▀


             ▄████▄▄   ▄
█▄          ██████████▀▄
███        ███████████▀
▐████▄     ██████████▌
▄▄██████▄▄▄▄█████████▌
▀████████████████████
  ▀█████████████████
  ▄▄███████████████
   ▀█████████████▀
    ▄▄█████████▀
▀▀██████████▀
    ▀▀▀▀▀
 

             █▀▀▀▄▄▄██▄
             █     ▀██▀
            █
         ▄▄▄█▄▄▄
 ████▄▄███████████▄▄████
▐██████▀▀███████▀▀██████▌
 ▀████    █████    ████▀
  ████▄  ▄█████▄  ▄████
  ▀███████████████████▀
   ▀████▄▀█████▀▄████▀
     ▀▀███▄▄▄▄▄███▀▀
         ▀▀▀▀▀▀▀
 

   ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
 ▄█████████████████████████▄
 ███████████████████████████
▐███████████████████████████▌
▐███████████  ▀█████████████▌
▐███████████     ▀██████████▌
▐███████████     ▄██████████▌
▐███████████  ▄█████████████▌
▐███████████████████████████▌
 ███████████████████████████
 ▀█████████████████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
 
in
sepely
Member
**
Offline Offline

Activity: 115
Merit: 100



View Profile
September 17, 2017, 12:50:09 AM
 #19

kraken is one of legit site this cryptoworld. you can say to others as scam but i never heart this is for kraken.
mak2017
Full Member
***
Offline Offline

Activity: 434
Merit: 110


View Profile
September 17, 2017, 07:15:43 AM
 #20

Kraken is not the worst exchange in cryptoworld. I'm using it from time to time. I can say it is good to buy or exchange some altcoins, so it is not a scam.
For example Poloniex looks more dangareous exchange, they never answer on tickets.

Also using Kraken from time to time, only to buy/sell coins without margin trading, and never a problem. Poloniex is having a lack in support or something, some people wait 6 months to get their verification done, this is hilarious. But still we have a wide range of exchangers to work with imho.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!