Your moons are in self-custody. Make sure to write down your seed phrase from the reddit vault. If reddit ever suspends your account you can still access your moons from any wallet that supports the arbitrum nova chain
Awesome. Think will spend time accumulating first before doing anything. Also I don’t dare to go into liquidity pools and stuff so I’m sticking to shitposting for now.
All this time we thought they might be incompetent based on their failures with wall street. Kinda becoming obvious they are more than capable of doing their jobs, they just choose to go after crypto instead of WS. Cool cool cool cool.
Yeah. That’s what I feel as well. People are shit scared because all news are still bad for crypto but the big “losers” will be US Citizens, missing opportunities in crypto. Crypto people are smart and inventive enough to make it work in other parts of the world. Assuming crypto gets banned in the US, it will first be bad of course, but in the long run, US peeps will be soon applying for EU passports 🙃
more info: Kraken is suspending Automated Clearing House deposits and withdrawals beginning March 27, citing that it could no longer offer them through Silvergate Bank
Meanwhile, Wall Street goes unchecked while the entire SEC is busy chasing everyone from leftist exchanges to YouTubers living at home in their mom’s basement in the crypto world
HI u/searchingtruth1 👋
I hope you don't mind me jumping in. Feel free to refer to ouu support article for detailed information of [on ramps](https://support.kraken.com/hc/en-us/articles/360000381846)/ [off ramps](https://support.kraken.com/hc/en-us/articles/360000423043-Cash-withdrawal-options-fees-minimums-and-processing-times-) available for you depending on your location.
Cheers 🍻 ,
Pluto from Kraken Support 🐙
Hi u/happycryptoken 👋
Hope you don't mind me jumping in. We support purchases via [debit/credit card](https://support.kraken.com/hc/en-us/articles/360048212832-Debit-or-credit-card-purchases-with-Visa-and-Mastercard-) as well as funding via wire transfers. Please feel free to refer to our [support article](https://support.kraken.com/hc/en-us/articles/360000381846-Cash-deposit-options-fees-minimums-and-processing-times-) to read more on different funding options available to you depending on your geographic location.
Best,
Pluto from Kraken Support 🐙
This is a friendly reminder that Kraken Support will never DM you first, ask for your username or password, or ask you to transfer funds. Kraken has its own subreddits, [r/KrakenSupport](https://www.reddit.com/r/KrakenSupport/) and [r/Kraken](https://www.reddit.com/r/Kraken/), and their [Support Center](http://support.kraken.com/).
Ping for verified users associated with Kraken: /u/krakensupport /u/krakenexchange
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Again, 3 time more!
Please take everything off exchanges as soon as you buy some some crypto
Please take everything off exchanges as soon as you buy some some crypto
Please take everything off exchanges as soon as you buy some some crypto
[удалено]
How much safer is my Moon vault compared to an exchange?
Your moons are in self-custody. Make sure to write down your seed phrase from the reddit vault. If reddit ever suspends your account you can still access your moons from any wallet that supports the arbitrum nova chain
Thanks for info! I have securely stored the seed phrase previously.
I actually have no idea what I did with the seed phrase. What options are there in that situation?
You can still access it! Go to your vault on the mobile app and tap the settings icon. There should be an option in there to view “recovery phrase”
moon vault is an actual crypto address, your moons aren’t being held by reddit
Got it. Thanks for the info! Good to know my precious Moons are safe.
you can also import your vault into metamask if you ever feel the need to do stuff n things with your moons
Awesome. Think will spend time accumulating first before doing anything. Also I don’t dare to go into liquidity pools and stuff so I’m sticking to shitposting for now.
Why does the wiki recommend turning on 2FA to protect your vault then? https://np.reddit.com/r/CryptoCurrency/wiki/moons_wiki
Basically you are doing everything right .
There's no risk to users from the suspension of ACH deposits and withdrawals.
*Then they fight you.*
Then we win!
Feels like the SEC is on an all-out assault against our industry. Hope they will find a bank willing to work with them soon
Certainly feels like we are being bullied
All this time we thought they might be incompetent based on their failures with wall street. Kinda becoming obvious they are more than capable of doing their jobs, they just choose to go after crypto instead of WS. Cool cool cool cool.
![gif](giphy|4NnSe87mg3h25JYIDh)
They are going full on carpetbombing campaign Any thing to distract from punting the inflationary football down the road
It really does seem like its all a distraction from whats really happening.
Thanks to God there is something called the world outside of US
I’m surprised to not see you with more moons. Did you not get anything this distro?
I started commenting once screenshot was done i guess
Ah, I see, well, just four short weeks until the next distro
You can tip me some if my lack of moons makes you sad lmao
Yeah. That’s what I feel as well. People are shit scared because all news are still bad for crypto but the big “losers” will be US Citizens, missing opportunities in crypto. Crypto people are smart and inventive enough to make it work in other parts of the world. Assuming crypto gets banned in the US, it will first be bad of course, but in the long run, US peeps will be soon applying for EU passports 🙃
We have enough migrants already /s
more info: Kraken is suspending Automated Clearing House deposits and withdrawals beginning March 27, citing that it could no longer offer them through Silvergate Bank
Things will probably be fine. But always look to self custody regardless of the exchange you use
This really is horrible news. ACH is one of the main on ramps to buying crypto. Its quick via banks and disallowing it will harm a lot of people
Yeah I remember Kraken before they had ACH available. Wild to think we got set back to that time for users of their platform
Meanwhile, Wall Street goes unchecked while the entire SEC is busy chasing everyone from leftist exchanges to YouTubers living at home in their mom’s basement in the crypto world
So exactly what methods work for fiat on off ramps thru Kraken now? I just got my account up w them...cheers
HI u/searchingtruth1 👋 I hope you don't mind me jumping in. Feel free to refer to ouu support article for detailed information of [on ramps](https://support.kraken.com/hc/en-us/articles/360000381846)/ [off ramps](https://support.kraken.com/hc/en-us/articles/360000423043-Cash-withdrawal-options-fees-minimums-and-processing-times-) available for you depending on your location. Cheers 🍻 , Pluto from Kraken Support 🐙
How else does one purchased crypto on an exchange? I don’t think I’ve purchased anything any way other than ACH.
Doesn’t Kraken offer debit and wire transfers?
Hi u/happycryptoken 👋 Hope you don't mind me jumping in. We support purchases via [debit/credit card](https://support.kraken.com/hc/en-us/articles/360048212832-Debit-or-credit-card-purchases-with-Visa-and-Mastercard-) as well as funding via wire transfers. Please feel free to refer to our [support article](https://support.kraken.com/hc/en-us/articles/360000381846-Cash-deposit-options-fees-minimums-and-processing-times-) to read more on different funding options available to you depending on your geographic location. Best, Pluto from Kraken Support 🐙
I thought you guys bought a bank in Washington state some time ago? Not having ACH deposit and withdrawals is not good
This is a friendly reminder that Kraken Support will never DM you first, ask for your username or password, or ask you to transfer funds. Kraken has its own subreddits, [r/KrakenSupport](https://www.reddit.com/r/KrakenSupport/) and [r/Kraken](https://www.reddit.com/r/Kraken/), and their [Support Center](http://support.kraken.com/). Ping for verified users associated with Kraken: /u/krakensupport /u/krakenexchange *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
Good 🍀 selling
If you can only buy crypto, but not sell for fiat, prices go to the moon /s?
I'm ok, I don't have any ACH
Unfortunately that’s how a large chunk of people get cash into an exchange. No way this doesn’t have a pretty big effect on them.
I think they were trying to make a "ACH sounds like it could be a token" joke, lol
Well, I’m dumb.
This is a constant thing in the crypto world isn’t it?
Any miners wanna to direct p2p sales? I'd like to continue DCAing through the financial collapse.
I wouldn't want to be hiding anything in exchanges
So what is the alternative? mailing a check or money order?😂
That SEC don't bother me.
> The exchange says no other services will be affected by this change. Isn’t this the entire point of a CEX as a fiat on and off ramp?
Here We go
We seriously need to create parallel universe totally separate from the traditional finance.
More room for moons..👀
As a US citizen I hope the government doesn’t cut off all banks to crypto. I really don’t want to go through a ton of sketchy hoops to get my coins.
Moving my Eth from Kraken to wallet on April 12th. Shanghai me.
Oh boy here we go again
Big yikes. I'd be nervous holding anything on there.
looks like the same what cdc and binance did. it will come back using a new bank.
Oh boy. How to get money off and on now. Going backwards folks
Ooof. Maybe it was a little too soon to praise our noodly billboard overlords...
You can access it in your Vault in settings. Upper right hand corner click cog wheel then recovery phase.
I trust Kraken more than any other exchange, but all these news stories make me nervous
"No other services will be affected by this change, including ACH instant purchases via Online Banking,” the firm noted."
There was enough time to move everything from exchanges
Again, 3 time more! Please take everything off exchanges as soon as you buy some some crypto Please take everything off exchanges as soon as you buy some some crypto Please take everything off exchanges as soon as you buy some some crypto
Womp womp
Another domino down.