Quote from: jpoker272727 on August 14, 2017, 07:51:07 PM

Quote from: rremus91 on August 12, 2017, 12:47:15 PM

Quote from: iram1011 on August 12, 2017, 12:44:34 PM

Quote from: rremus91 on August 12, 2017, 12:25:55 PM

Quote from: MadGamer on August 12, 2017, 12:12:41 PM

Why would you transfer them from one trading platform to another in the first place? The only advantage I see is not having to pay more fees, instead of sending them to your desktop wallet then sending them again to KRAKEN, you can send them directly and not having to pay the network fees that your wallet will calculate, its nothing much anyway.

Buying at my local exchange it's much more cheaper (if I subtract the fees) and it's faster. Actually the prices are higher, but if I subtract the fees it's cheaper. But as I said, this service is an exchange, not a trading platform like kraken.

In order to buy from kraken, I need to convert my local currency to USD (1.15% fee), transfer to Kraken's bank address ($16 fee) and it can take 2 - 5 business days and after that buying with 0.26% (market price) or 0.16% (limit price). If I buy on local exchange, it takes only 5 - 15 minutes and aprox 1h to receive the bitcoin in my wallet.

I'm asking if it's safe to add kraken's BTC address instead of my local Desktop's wallet address so this way I can save more money instead of just throwing on fees. Is this safe? Can the transaction be lost?

It is completely safe to send Bitcoin on your Karken Bitcoin address. This is how the trading is done. We all send bitcoin to exchanges for buying altcoins. Buying at local exchanges also give arbitrage opportunity.

Exactly, but I was asking if it's safe enough to send bitcoins directly to kraken's BTC address instead of my Desktop Wallet. When I buy Bitcoins from my local exchange, I need to enter a BTC address. I can't keep BTC on my exchange site. That's the point.

What are you actually trying to hide? I think you dont feel safe giving your BTC address. Are you afraid that you will lose your bitcoins? I dont think it will happen if you will send bitcoins directly to the trading platform. You said you can't keep BTC on your exchange site, why is this so? I think you dont want to keep it in there.

i think he just didn't understand it. I see that the guy answered his question if its okay to send your bitcoin directly to kraken's which is yes right? but then again op agrees and

asks the same question again, this time with a little context but anyway since its answered i don't think theres a reason to do that again. bottomline, this is getting nowhere.

For op, Again its safe to use krakens btc address but make sure that you don't use it as your main wallet and keep your bitcoins there because you don't control your private

keys there.