a #german friend of mine has been trying for 2 weeks to make a so called "reverification" at #kraken. there are two options: giving away his online banking credentials (no way, lol) or waiting for hours at webID (camera). I know him since old #mtgox days. after the collapse we both opened accounts at bitstamp and kraken. today kraken suspended his account. #fuckKraken #fuckCex #bitcoin
So you lived through Mt Gox and that shit show and still decided to keep sats on an exchange?
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I think everyone uses still centralized exchanges to get crypto for fiat. Afterwards defnitly it is best to store the crypto in a private pocket.
there is no real solution to trade amounts above 100k usd without cex. and no, he dont have any sats at exchanges.
