r/Kraken

▲ 11 r/Kraken

Can buy stocks on Kraken now eg. Nvidia.

I haven't logged onto my Kraken exchange account for ages. But this morning I see that I can buy Nvidia on the platform.

Im based in Thailand and a tax citizen there. But Im from a Western country (non U.S) and did KYC using that passport

Questions:

  1. If buy and hold for ages and make gains and sell.... Do I have to technically pay taxes via Kraken or just do it on my Thai tax return?

  2. If I buy Nvidia, for example, am I actually getting an IOU for the stock via Kraken. Or what am I holding? Im asking bc I recently read about investors buying 'paper' gold rather than physical gold. Is the same thing happening here with buying Nvidia on a crypto exchange as opposed to buying it at Blackrock, for example.

  3. If I have btc in my kraken wallet can I buy directly with this?

thanks

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u/advanceb — 5 days ago
▲ 6 r/Kraken

Kraken Standard or Kraken Pro?

Binance is ceasing to exist in EU.

I only used Binance for depositing/withdrawing money from/to a casino. Need the same for Kraken.

Which one should I get?

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u/These_Athlete1933 — 6 days ago
▲ 1 r/Kraken

Cash funds for trading

Thinking about moving more funds over to Kraken for swing trading futures. For Kraken traders out there, what do you do with your cash waiting to be deployed? Any ways to earn a small yield within Kraken while having funds ready to use when needed?

For context, moving over from Coinbase since Kraken now available. USDC earns yield and moves fluidly between futures and cash/spot account.

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u/ach4n — 9 days ago