Is Kraken safe to give ID?

On a known and trusted exchange like Coinbase, Gemini, or Kraken — yes, it is safe . They have to gather identification documents to be in compliance with AML/KYC laws in the US, the same as a bank would verify your identity if you were physically present to open an account.

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Is Kraken still safe?

Not only does Kraken offer safe coin storage , with 95% of deposits held offline in cold storage units spread across the world, but it also promises platform security: Its servers are kept in secure cages under 24/7 surveillance by armed guards and video monitors.15 Tem 2021

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What exchange is better than Coinbase?

Comparison Of The Best Alternatives To Coinbase Name of exchangeWhy Better than CoinbaseOur RatingGeminiDebit card and credit card purchases cost lower.4.8/5BinancePeer-to-peer transactions on blockchain. Developers can develop their products on Binance Chain.4.5/5RobinhoodLower trading fees4.3/512 BEST Coinbase Alternatives In 2022 [UPDATED Review] www.softwaretestinghelp.com › coinbase-alternatives

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