If I don't have a meant to make €/$ to crypto, what would be an argument to consider Coinbase over Kraken?
are you american or european
>>2382980
European, but both seem to support Austria.
I actually also have an ATM for bitcoin phone wallets in Vienna, so cashing in or out isn't an issue either (given I can translate everything to bitcoin)
>>2383102
what coins are you interested in acquiring / trading
>>2383121
Bitcoin / Etherium for now.
I don't want to invest too much time of thinking, I just have some money on my hands. And I'm interested in programming aspects of blockchain, for what it's wroth.
Both have the above two currencies, but Kraken has some more and people on the web complain about the Coinbase people more. I'm not afraid of a more complicated user interface.
>>2383121
>>2383161
coinbase only offers BTC, ETH, LTC
Kraken offers a lot more coins
also look at this image and compare the highlighted volumes. image from cryptowat.ch
if you are trying to trade in euro then you should go to kraken
if you are trying to trade in dollars then you should use coinbase (and by coinbase I mean GDAX)
>>2383181
Stupid question, if I trade in Euros, is this moving around money online? The cryptomoney is on wallets or on the service online, but where can the Euros go?
As I said, I don't plan on trading all too much.
>>2383248
Your Euros go into a bank account owned by the exchange. They credit those Euros to your account.
Then, when you make a buy, they reassign those Euros to whoever sold you your BTC/ETH.
Then when that seller withdraws their money, the exchange sends the Euros from the exchange bank account to the seller's bank account.
>>2383248
lets say you take 2500 euros from your bank and deposit them in your kraken account
then you buy 1 bitcoin with that 2500 EUR
the guy who sold you the bitcoin takes your 2500.
you get 1 bitcoin in your account. you have zero euros in your account at this point.
lets say a month goes by and you want to sell the bitcoin and the price is 3000 EUR. Now you sell the bitcoin to the highest buyer who pays you 3000 EUR. now you have 3000 in your account and zero bitcoins.
get it?
>>2382886
I am trying to make a Coinbase account but I only have an out-of-date passport, can I use an out-of-date passport when verifying my account? I really want to get in on this Ehtereum leap.
I'd honestly suck a dick for £10 in ETH.
>>2383521
calm down
there will be other price movements
this isnt the last time a coin will rocket
just get your shit in order and get your account opened for the next one
>>2383555
*unzips dick*
>>2382886
Who's the goddess?