Buttercoin vs Kraken
When comparing Buttercoin vs Kraken, the Slant community recommends Kraken for most people. In the question“What are the best ways to buy/sell bitcoin?” Kraken is ranked 4th while Buttercoin is ranked 8th.
Ranked in these QuestionsQuestion Ranking
Pros
Pro Fast and Easy
The site is very intuitive and depositing dollars was fast and easy. The whole process from on-boarding to buying my first bitcoin with them took about 2 days. When I sold my bitcoin, the withdrawal landed in my bank account on the same day. Also, support is super helpful and very friendly.
Pro US Based Bank
Pro First Wall Street investment in bitcoin
Pro Secure
They are fanatical about security and put a tremendous amount of effort into finding and fixing vulnerabilities before shipping new code. There's even a bug bounty program.
Cons
Con It has been shut down
Buttercoin does not exist anymore.
Con Regular outages
Con Poor customer support
There are many cases of people complaining on Reddit about not getting responses from customer support for weeks at a time.
Con Impossible KYC
It's almost impossible to validate your identity and do the KYC