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Is kraken.com legit? (feddit.uk)

submitted 5 days ago* (last edited 5 days ago) by [email protected] to c/[email protected]

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I want to invest in some crypto, I know that this requieres ID verification usually. Is https://www.kraken.com/ a good website for investing? Because I don't really want to send my ID to some dudes on the internet. Thank you

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[–] [email protected] 1 points 3 days ago

They are as alright as a centralized exchange can be, getting more and more corporate tho, it’s not the same company it was 5 years ago anymore. But they’re still very close to the community, they aren’t a big fan of KYC themselves but they have to do it. If you want to avoid that better go with decentralized exchanges.