I received emails from Kraken forcing me to withdraw my funds and close my account without providing any explanation, then they placed my withdraw on hold for manual review. Something is fishy about this company.
This is Operation "chokepoint 2.0" in action.
I originally signed up with Kraken when Ripple (XRP) was worth $0.18. As with all exchanges dealing with USA residents I had to submit my information to be able to trade, so I did. A week later, nothing, I messaged them several times. A month later, nothing, I messaged them more. Two months go by and the "Customer Support" agent asked for my information all a second time. Now I didn't check my email that day, so when I did the following day (only 10 hours after he send the first message) he threatened to close the ticket for lack of response.
These morons do NOT know how to run an exchange. By the time he finally replied ripple was worth $1.20. I lost out on thousands of dollars because of these idiots.
I also followed the Kraken forums and several other users have had currency just disappear. Kraken is nothing more than a slowly failing scam.
DO NOT USE KRAKEN!
Kraken's fees are among the lowest of all the major bitcoin exchanges. Sometime in February, I had my capital stolen from me in the name of investment that needed to be upgraded and trading fees. I eventually recovered it all through fintrack. Org. Basically, the fees you pay on Kraken depends on your last 30 days' trading volume. In general, the fees are based on a maker-taker basis.
WOW! I have to say Karaken experience has been seamlessly amazing. I've had issues before with other cryptocurrency and trading exchange but with this website alone it has saved me from
A lot of hassle. The customer service is also up to the mark. The website has definitely helped me to boost my earnings and become a better crypto
Kraken is a scam platform. I deposited £******* worth of bitcoin but unfortunately I couldn't withdraw a dime from it. I tried to contact the customer service but no one was responding to my mail so I decided to contact ~Trad erep 0rt. 0 r g~ or WhatsAp +(44) 746~7202~305 who took charge and recoup all I lost to this platform. I had to share my experience to help people as well
My advice to newbies in the crypto world is to consider alternative investment options. I speak from personal experience, having been involved with three different investment platforms in the past, all of which turned out to be fraudulent websites. As a result, i lost a significant amount totalling around half a million pounds. When i shared this unfortunate news with my wife, she was understandably upset that i hadn't discussed the investment plan with her earlier, as we have always been open and transparent with each other throughout our marriage. She didn't speak to me for several days, leaving me feeling confused and unsure about what to do next. Desperate for a solution, i sought the help of a private investigator who referred me to an underground hacking group that specialises in assisting people in recovering their funds from similar situations. Through ongoing communication on telegram with the *******@https://t.me/Melissa_Fx_recvrfirm, we worked together to achieve a successful outcome, and i am thrilled to say that i have now received my funds. Moreover, i am grateful to share that my wife and i have mended our relationship and are on speaking terms once again, which brings a smile to my face. If you ever find yourself in a similar situation, you may find the contact details of the hacker helpful. Their email is d re w wa ke • j bt ech at g m1 L • c 0M
I hope withdraw could be fast, and it will spend me few weeks, i don't why it's frozen. Need more feedback.
I came here for 2 months, and it's not so friendly to me. I need more transaction details from this platform.
It's not very good experience for me. I hope to know more trading infomation from them, But no more details, how much is detucted.
This is a great Crypto exchange for those with some level and understanding of Crypto currencies. They believe in personal responsibility and require you use secure 2FA with at least a authentication app but they also suggest using a Yubbi or some hardware 2FA as well. They are one of the few sites that allow and even suggest this even in the crypto world.
They can be stringent on their KYC verification requirements and it's difficult to fund your account even after verification because they use a holding service that wants another more personal KYC I am not willing to do, So I transfer in USDC from other places bypassing Etana custody all together. I am still working to resolve this but it seems deadlocked,
Their customer service is very responsive with a 24 hour chat option which I really appreciate. Just like all crypto exchanges it has it's advantages and disadvantages but it has a solid platform and full API support so I use it. Minus the one star for KYC issues and forcing me to deal with a Central Bank subsidiary.
When youbdeposit fund to your account. They transfer your money to their accounts. They close your account after recognising.
Kraken.com is a scam,they closed my account for security purposes they claim and then only refunded half of the money they owed me, Don't deal with them it is stressful and it messes with your happiness
Since CONSOB never gave it permission, it has operated—and continues to operate—completely without financial authorization on the Austrian market. Word of mouth and specialized webinars are the two ways that customers and consumers communicate with each other. Many of us have been robbed by them, and we were unable to withdraw until we reported the incident to Worcl.to.
I recently had 22,000 USD hacked from my Kraken crypto account and Kraken gave me zero help not care! Their site was hacked yet they offered no help. In fact they were rude and pointed blame. Took them 10 days to reply! I used all the security protocols they advised so how was I to blame? I lost everything yet they turned a blind eye. It could have been them who stole my money!
Do not join Kraken and certainly don't trust them!
Thieves
I use Kraken since 2019, and this past few months I can tell that they have serious problems with bank transfers and deposits. They are not able to track your funds in Euros. Also can reject your deposits with no explanation given.
I highly advise against this platform. Not trustworthy. At least in Europe.
The worst feeling in the world is losing money that you have worked so hard to invest. There was a problem when I went to withdraw my earnings. I was furious when they demanded more after I had already paid for the withdrawal and requested for more. Someone told me about ((M_A_D_A_C_O_ V_ I. C O I am happy that my investment and profit have been restored thanks to the help of M_A_D_A_C_O_ V_ I. C_O
I have been waiting for someone from the support to do something about my BTC withdrawal that has been stuck at the "passed" stage for 8 days. I file a complaint with the help of a organization in CA and within 2 days i got my coin. There is always no one in the customer support chat to talk to. The ticket system has no follow-up and feedback loop. You are forced to write a new ticket every time and the whole process of "going to nowhere" starts all over again. You are sent a feedback form only when an issue (occasionally by some miracle) has been solved. Only then you are given an option of complaint where you can say "My issue was not resolved." We cannot give any feedback on unresolved issues and only given that option when an issue has been addressed? Where is the logic? It's like program is forcing us to provide only positive feedback because it requests feedback only when the outcome is positive. If not for? Grosschargeback?, my btc was far gone.
It was a terrible experience for me, they asked me to invest more because the first payout made it look real, the agent pressured that I put in more money and they locked me out afterward. I lost my mind for two weeks, almost depressed. I reported to REimburse SOlutions and they helped in getting all my money back, they saved me from depression.
Seems they are having cash flow issues. They can not release funds from Etana to the Exchange customers. And off course the support system is totally disfunctional
Many other exchanges with proper customer service
Scam company. I invested $1million into the company, but no withdrawals occurred. I found those who could help me [Coinresecure mal.¢OM] Thank you from the bottom of my heart
Answer: Scam scam scam scam scam scam scam fake scam fake scam fraud
Kraken Bitcoin Exchange has a rating of 1.1 stars from 65 reviews, indicating that most customers are generally dissatisfied with their purchases. Reviewers dissatisfied with Kraken Bitcoin Exchange most frequently mention and customer service. Kraken Bitcoin Exchange ranks 50th among Centralized Exchange sites.