“If they want to really find the honeypots here, it’s the worst-kept secret in crypto: how much insider trading is going on among the organizations that run the exchanges, and their side pockets that they use to manage liquidity. I mean, this is the biggest thing that’s been happening in crypto.”
Are there any changes after a year? I was talking about FTX, but we all know what happened to it… Binance does not allow you to deposit USD, the only possibility I think is via sepa with advcash (1€ commission). Do you use Kraken or Swissborg? The plan would be to make a PAC on BTC and send them to a cold wallet. So have the lowest possible fees for deposit and withdrawal.
Kraken. Send CHF, buy BTC, transfer out. Cheapest BTC withdrawal fees that I have seen.
Cheapest was FTX - for free! But Kraken’s fee’s are OK.
I also use Kraken and so far I am happy with it, the fees seem fair too. Selling crypto, cashing in CHF then sending it back to my Swiss bank account works fine and is fast.
Now I wonder if it would be possible for Kraken to send money back in CHF to a Revolut account. Does Kraken accept Revolut as bank account? Anyone tried this out?
Revolut CHF account is not your personal one, so no it’s not going to work.
I’ve recently bought a ledger wallet and since before that I was just doing Revolut > Crypto.com and buying it there on a monthly basis, I’m wondering what would be the best option (i.e. lowest fees) to get that monthly new coins into my ledger?
Transfer CHF to kraken, buy BTC, transfer BTC to ledger.