David E.
What's the point of a "custody service"?
I used to be able to send my USD to Kraken and back with no fuss. It would take about a day. Then Kraken informed me last year that I must use Etana. All it does is add another layer of complexity, and for what? More KYC regulation? More waiting for support calls. This is merely a way for authorities to see where your money is (binance also are forced to use it in my country). I've stopped using kraken because there are better ways of funding your account without sending it to a government department first
Response from Etana CustodyJun 1, 2021
Hello David, As an independent, qualified custodian, Etana offers protection of your fiat and digital assets. When you custody with Etana you have peace of mind that your assets are safe and secure, mitigating the risk of an exchange being hacked or filing for bankruptcy. With unrivaled security, Etana allows you to interface with leading exchanges. We are not a government department; however, we support regulation that addresses risk and fosters innovation in the marketplace. If you have any further questions or concerns, please provide your Ticket # or email associated with your Etana application. Thank you! ^JN




