I just started with BTC literally a few days ago. I find the technology very interesting and I definitely see the potential. However securing and buying BTC has been nothing short of infuriating.
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I’ve tried Coinbase, but while it’s been simple to set up and buy, they limit my purchase to $250/week and also charge a very high fee, almost 5% of my purchase.
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I’ve tried Binance, but their portals like Koinal have had reports of scams and missing BTC.
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I’m in the process of getting verified by Kraken. Even with the front/back of my driver's license, a selfie, and a credit card statement confirming my address, STILL their support emailed me this today “to complete your account verification, we must ask you to provide an ID Confirmation Photo. An ID Confirmation Photo is a picture of you, holding your ID and a handwritten note with your signature, the current date, and a message stating “Only for trading digital currency on www.kraken.com.” I feel like I'm gonna be extorted by them in the future or something. What the hell is this? I didn’t even need this to create a TFSA account, now they want a picture of me holding up my ID to my face?
Can anyone provide recommendations on where to securely buy BTC? As soon as I exchange for the BTC, I’m planning to send it to my wallet and keep it off the exchange.
Thanks everyone
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