Coinbase Support is always flooded with messages of people with accounts frozen.
I honestly feel scared to use them as a possible offramp.
But from what I've researched, most people that had their accounts frozen was because they didn't use those accounts for years and then look suspicious when they do use it!
I think the trick is to keep being active, it's like a high maintenance girlfriend that you got to call every couple of hours or she will be pissed at you when you do call her 😂
Kraken seems like a good alternative, I'm debating changing to Kraken.
What is more likely: the exchange that I've been using for years that has a bunch of issues with accounts frozen for suspicious activity to freeze me, or the exchange that doesn't know me for years to freeze me.
Kraken is a pretty good exchange, have been using it for years.
That being said, I try to keep only assets I'm actively trading on CEXs. Everything else on decentralized wallets.
I also keep it a cold storage, the issue is when offramping, if I want to go to euros or dollars, I need to use a CEX, and most CEXs carry the risk of you depositing and they freezing your account for no reason...
Yeah, never had that problem with Kraken so can recommend that. 👍