[2016-02-06] Bitcoin Services Show How Being Finance-Agnostic Can Be Beneficial

Bitcoin Services Show How Being Finance-Agnostic Can Be Beneficial To Consumers

Bitcoin exchanges will let customers add several bank accounts if they prefer to do so. In return, this gives consumers plenty of ways to cash out their Bitcoin balance, should something ever happen to one of their banks. With the financial crisis looming overhead, it is not unthinkable some banks might go out of business in the years to come.

Let’s assume somebody is using the Kraken Bitcoin exchange, and they have a particular bank account associated with that platform. This account has been used to both fund and withdraw the Kraken balance, and nothing has gone wrong with these transactions. Granted, not all banks are lenient when it comes to buying and selling Bitcoin, but let’s assume his particular bank is.

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Topic: [2016-02-06] Bitcoin Services Show How Being Finance-Agnostic Can Be Beneficial (Read 220 times)