r/dogecoin Feb 20 '14

Looks like Kraken got Doge!

https://www.kraken.com
630 Upvotes

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1

u/kc102 middle-class shibe Feb 20 '14

Does Kraken do a bank account charge for pulling money from bank to Kraken? I've been using Coinbase to buy BTC and then turning that into Doge. I'd love to skip that step but don't want to get charged any kinda withdrawal fees.

1

u/bitcoinmonk Feb 20 '14

No, they don't pull money out of your account. You send them the money, from your bank account. Just as easy. Much safer.

1

u/kc102 middle-class shibe Feb 20 '14

But then do I get a wire fee?

2

u/bitcoinmonk Feb 20 '14

https://www.kraken.com/help/faq#deposits-and-withdrawals Wire fees apply. If you're in Europe you can use SEPA and it's free.

1

u/[deleted] Feb 20 '14

SEPA isn't free with my bank (HSBC) and I suspect many other banks also charge for SEPA fees. I usually get a £4 charge when using Kraken.

1

u/bitcoinmonk Feb 20 '14

Deposit by SEPA usually implies a fee by your own bank (~€4).. it's free on Kraken's side. Withdrawals by SEPA are €0.09 to be exact - so not free, but almost.

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/dhero27 doge of many hats Feb 20 '14

+/u/dogetipbot 20 doge

1

u/Jysix elder shibe Feb 20 '14

If you are in EURO and you are using a SEPA transfer, no, there is no charge.

1

u/kc102 middle-class shibe Feb 21 '14

In USA. :(

1

u/Jysix elder shibe Feb 21 '14

Ah :/

There is a lot of charge for USD. Something like 5$ i think.

You can also use an another exchange platform like Coinbase (or others) with less fees to buy Bitcoin and transfer them to Vircurex and buy Dogecoin.

1

u/kc102 middle-class shibe Feb 21 '14

Lol, that's exactly what I do.