Post
Topic
Board Exchanges
Re: [ANN] KRAKEN.COM - Exchange with USD EUR GBP JPY CAD BTC LTC XRP NMC XDG STR ETH
by
sampam
on 26/02/2019, 04:32:34 UTC
Going into a year now and EVERY exchange has expanded their offerings and allow for International USD including bitstamp, gemini, coinbase, bitfinex, bittrex, binance and just recently CEX.

What the hell is Kraken doing for almost a year that it is unable to do the same? (offers it for US residents or tier 4 50k US person/business or International business)

Sampam,

As you've mentioned, international USD funding is currently available to Tier 4 clients, however we can understand your frustration as there are transaction minimums to utilize the method.

Though we have no updates at the moment, we are still working on establishing new banking relationships that would re-enable international USD funding to both Tier 3 / 4 clients and remove the required high transaction minimums.

To be specific, it is available to Tier 4 US individuals, US corporations and lastly, International corporations. Stating the obvious here but, US individuals and Corporations are covered by lower Tiers ANYWAY. What is glaringly obvious, is that International individuals are not covered even in Tier 4 UNLESS they change their account type to an International Corporation. So regardless of your tier, international individuals are shit out of luck and have been for a year.

With the world being your oyster and numerous banks in the US it would not take a year to establish such a relationship and that is a fact. All your competitors are also proof of this fact in how quickly they are able to 'establish' these banking relationships all over the planet including within the US.