I just wanted to share my positive feedback on the new Krak app!
The Krak app is now much easier to use, as the interface is now less cluttered and easier to navigate.
I have previously used Barclays to transfer larger sums of money to Kraken (several £30-£50k transactions within a one month period). Now I can see that Barclays have a £10k monthly limit for crypto.
What would be legitimate options for me to transfer £50-£100k to an exchange or be able to purchase that amount of BTC? This isn’t a purchase I want or need to make imminently. I’m just thinking about potential future purchases. I also need an account that accept large amounts of money from exchanges.
I have considered opening a Revolut account but have read mixed reviews and would be surprised if they let me transfer larger sums as a new user. Also thought about opening a Llyods account but will probably have to call them first. Any other options?
With these restrictions i wander how large transfers of fiat to exchanges are happening in the UK. Someone must be doing it somehow.