Thedukester00 wrote: » Is it not possible to transfer from Gdax to bank account, instead of going through Coinbase?
Thedukester00 wrote: » Thanks for the reply's. Atm only have Gdax and coinbase account. Is it not possible to transfer from Gdax to bank account, instead of going through Coinbase? Also when transferring out from ADA on Binance what would the best currency to transfer to?
Fakent.ie wrote: » Ye i know I assumed he just had a coinbase account cause if he had a kraken account I think hed know the fees are cheaper
JohnnyFlash wrote: » I’d say the Maltese government will want to do more due diligence on Binance, its explosive growth, its previous issues with government regulation, and its generation of their own coin posing as a pseudocurrency. They’ll also need access to banking facilities.
The Malta Gaming Authority (MGA) is testing the introduction of a digital currency in a controlled environment to see what risks, if any, it might expose Malta’s economy to. At the same time, the country is preparing to implement the world’s first #blockchain legislation. With these moves, Maltese authorities are racing to stay ahead of competing countries, such as Gibraltar and Estonia, that are also looking to take advantage of the fact that many governments are rejecting cryptocurrencies and driving them beyond their borders.
smacl wrote: » Why so? Maltese government seem up for it and Binanace are definitely up for it so what is the blocking factor?
Fakent.ie wrote: » Don't think that will happen but what do i know
smacl wrote: » Yep. Be interesting to see when and if Binance fiat pairs become available. Looks increasingly likely; https://thebitcoin.pub/t/binance-to-add-usd-to-crypto-trading-pairs-soon/35862
smacl wrote: » Kraken also do Euros, fees here; https://www.kraken.com/help/fees
Fakent.ie wrote: » well coinbase charges huge fees so you should of never used them in the first place but its probably your only exchange that accepts euros so, yes I think that'd be the least expensive
Thedukester00 wrote: » Holding ADA on Binance. What is the best, least expensive way to cash out back to fiat. Is it too sell for Eth and transfer to Gdax then onto Coinbase?
garrettod wrote: » Verifcation can also be a pain at Binance tbf. However, re: Krakan: We have seen how badly they handled the website crashing for several weeks prior to the upgrade, We have seen how badly they handled the update itself, once they commenced it and things went wrong, We know how poor a level of customer service they provide (no telephone support and responses can take quite a while by email) ... now ask yourself, are these the people you want to trust with your money, or rely on if there's a really big problem and you need urgent assistance ? For me - the answer is a very clear no !
stooge wrote: » kraken is much mcuh betetr since they upgraded. Transfers in and out (SEPA) are relatively quick and straightforward plus their limits are pretty good. Verification is a pain though. Binance has much more coins and huge volumes, I tend to use both mostly but also Bittrex/Poloniex and Coinbase
dodgystats wrote: » Does anyone know exactly how the Binance valuation works? I have been trying to understand it but am struggling. It seems to value coin holdings in bitcoin. For example, if you buy some Ripple, it seems to give you the valuation based on Bitcoin. So if Bitcoins value goes down, does that mean you Ripple holdings go down as well?
smacl wrote: » I've actually found Kraken ok since the upgrade, though not a heavy user. Compared to Binance, a much smaller range of coins. Currently using Kraken, Binance and Kucoin. Don't have GDAX and stopped using Coinbase due to fees.
Fakent.ie wrote: » Only use kraken for Euro> Ltc or eth, send that to Binance then trade that for whatever you want
garrettod wrote: » That statement is not accurate, sorry. They will cost you money, because you cannot rely on them to provide a stable and prompt service. Anyone who has had an account with Kraken over recent months will all tell the same story - website down for days, had been crashing regularly for several weeks, poor customer service which relies on slow response emails etc. I've lost all confidence in Kraken and moved on. Binance are far superior to Kraken. The potential to reduce trade costs on Binance by paying your fees in BNB is a positive feature, while they also provide a decent mobile phone app.
carrotcake wrote: » ....If you're willing to put up with their terrible servers, then Kraken will save you money. .....
Uncle Mclovin wrote: » Is there a cheaper alternative than Coinbase for transferring funds to Binance? What I'm doing is buying Litecoin/Bitcoin and transferring across.
dodgystats wrote: » ...if Bitcoins value goes down, does that mean you Ripple holdings go down as well?