Coinbase and Kraken
I am fairly new to crypto investing and have been doing research on various cryptocurrencies and block chains to invest in, decided on my top 5 to allocate funds into. Then i researched into wallet exchanges to deposit USD/Fiat and purchase BTC or Ether, then transferring that money to an exchange (Poloniex, GDAX, or Bittrex) to purchase altcoins.
I browsed through various subs here on reddit to do some due diligence on Coinbase and Kraken and I see nothing but several threads of complaints where people are having issues such as not getting verified for weeks, not being able to link their bank accounts, funds not showing up on the exchage once transferred from a bank account, and several threads where people were not able to withdraw any Fiat currency at all. And Customer Support is basically non-existent,
Given that this space is not well regulated to protect people like me if any of the the above scenarios happen and i have to rely solely on the exchange companies doing the right thing. I am worried about investing 10k or 20k through these channels. Do you guys have any recommendations on reliable platforms that can be used by a new investor like me and thoughts on what is happening with these exchanges?
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