Quote from: squatter on January 30, 2018, 08:28:24 AM

Quote from: doncarloo on January 29, 2018, 07:02:56 PM

Yes, so where can I store USD / Euro without being verified?

It depends what you mean by "verified." You can deposit/withdraw cryptocurrency and trade against fiat currencies on Kraken with no documents and limited info (name/DOB/country/phone number). People have been known to use fake names for Tier 1 verification. It's not my favorite exchange, but I've used it to store USD during corrections. Here is the info on verification.

Quote from: pinkflower on January 30, 2018, 04:03:45 AM

Stay out of Bitfinex. That exchange will be collapsing sooner or later. They have been printing USDT without fiat USD backing and they are taking advantage of the fact that the large altcoin exchanges like Poloniex and Bittrex have altcoin/USDT listings.

What they plan to do with all that unbacked USDT, we dont know. But I think the regulators will be giving them a cease and desist order for issuing an unregulated currency.

We don't know for sure that the Tether printing is un-backed, although it's pretty likely. Bitfinex has already lost its Polish bank account, so how exactly is Tether getting $100 million wires on a daily basis? It's obvious what they're doing with the USDT injections. Every Tether grant gets sent directly to Bitfinex and large BTC markets buys usually happen shortly after. I remember 2013, and watching USDT is a bit like watching the Willy bot.

Great, I think I'll put atleast one part on Kraken.
The withdraw limit was quite low though.
It would be optimal if the withdraw limit was atleast around 20 000 USD / day.

Thanks for the tip though!

doncarloo

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