Why I switched from Kraken to Coinbase cryptocurrency exchange

(Last Updated On: August 24, 2019)

Many will be surprised by this move from Kraken to Coinbase. Here are a few benefits and reasons:

  1. Coinbase volume is now nearly double Kraken as it has been dropping for months. This makes them the largest crypto exchange out of the USA
  2. Fewer crypto shows less choppiness than Kraken
  3. Less correlated coins to BTC
  4. They are trying to comply with the US regulators to kiss their butts which means over 50% of the my entire global base can be supported for crypto
  5. They are trying real hard to become the goto exchange for institutional capital.
  6. They will most likely become the place to transact with crypto as they are trying to become the default login for websites and apps.
  7. Just like Binance, they have way more development newsworthy stuff as compared to slow moving Kraken.

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About caustic

Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs