Are you aware that some Banks accept Bitcoin? - page 15.

Menawi12

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Activity: 700

Merit: 10

Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

Its really great news if banks start accepting bitcoin. In my country, we can not deposit on banks with bitcoin because government regulation not allow it. Hopely many more banks accepting bitcoin as deposit because from what i read, Investment banking like Goldman sachs start to opening bitcoin trading desk

Sergio444

newbie

Activity: 174

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Well, I am not really aware of that, but if some banks does accept bitcoin, then I think it is a great news and I hope other banks will follow suit. You know bitcoin will soon be taken over by many banks. Some bankers are really trading bitcoin but due to the fact that some of them are living in countries where bitcoin use is prohibited, they cant really come out of the shadow.

shawn995

full member

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Merit: 100

you ought to give more data brother. like where are these banks? in which nation? do you have a few names? it is astonishing to hear it frankly, I generally realized that some time or another they would do it and I am still certain that they will however never knew there were banks that have effectively done it.
there was one instance obviously which a bank said they would utilize bitcoin for their manages exchanges yet they weren't tolerating it as stores.
with respect to paypal, them tolerating bitcoin or not wouldn't have any kind of effect. we need shippers to acknowledge bitcoin, generally paypal is something that a few people who need to trade their bitcoin to paypal and the other way around need.

TropicalDog

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Activity: 300

Merit: 12

It's really rarely for us to know about a bank that accept Bitcoin for real unless their goverment accepted it first then the bank will continue with it.
Well, sometimes i didn't really know that Bitcoin is bad for banks or not but i do realize how good they can bring back to our life . So accepting Bitcoin is good point for bankers.

visionE2

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if there are so many banks accepted bitcoin, it can be rapid growth for bitcoin and make any investors optimist that bitcoin will be a future currency

MelissaAnderson11

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Swiss bank Swissess announced that besides Bitcoin, the bank would continue to allow customers to trade Ethereum, Bitcoin Cash, Litecoin, and Ripple with EUR and USD in pairs. The massive demand of customers and the liquidity of these four codecs that Swissquote decided to put them into the system.

Sirnero111

newbie

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Yes to some extent I think the following banks are currently allowing cryptocurrency. USAA is one of such bank which support the use if crypto and also, simple bank is a US based bank which with a number of different crypto exchange.

John_Davis

newbie

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Banks will take up anything that they can charge commission on. It wouldn't come as a surprise if there are banks accepting crypto, but I would be cautious about fees. P2P networks tend to be much cheaper. You might even get a better price from your online exchange.

The problem is the countries where regulation prevents banks from using it, like what happened in India recently. Also China, Venezuela, Turkey... there are many countries where the government will step in and try to block the transactions if they somehow think they are losing out on tax

Flor1982

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Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

So where is these Neteller or Skrill could be found? Or do you have links of this news to find out on how this will work by receiving Bitcoin deposit and withdraw in fiat banking business?Here in our country, our banks will not accept Bitcoin deposit but they are all in partner of our local exchanges that we could use their withdrawal facilities like ATM and over the counter services every time we will withdraw our money from converted Bitcoin.

Kwansimaa

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Activity: 238

Merit: 12

send & receive money instantly,with no hidden cost

Oh really...this is the most amazing news i have heard this morning that at long last we have some bitcoin banks being established. I just wish the others can also learn from this initiation so that bitcoin can finally be accepted as a currency for making payment for all transactions in our daily activities.

hamdyinvestments

newbie

Activity: 122

Merit: 0

Quote from: Nakakapagpabagabag on August 01, 2018, 06:48:46 PM

Quote from: centurionlaw on August 01, 2018, 12:28:36 PM

I think this is the good news if banks are accepting bitcoin and peoples can withdraw via Debit/Credit card. I hope In upcoming days all world wide banks will be accept bitcoin and these kind of adaption will be good for cryptocurrency future also peoples can hold bitcoins in their banks bitcoin wallet and directly can do transaction via bank no need to use third party apps.

This is the problem with the newbies, they're easily deceived by the news spreading on the social media. There is no banks that are accepting bitcoin. And remember that banks will never accept bitcoin, because they cant handle it. Bitcoin is decentralized digital currency, it means that it cannot be controlled or manipulated, and also bitcoin is volatile, it means that the price is changing rapidly and its unpredictable to know if its going to increase or decrease. Banks will not accept such that kind of thing, because they cant control it, and the price is not constant.

Are you saying this is not true because there are official bank websites confirming this too.... Its not some myth

Nakakapagpabagabag

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Quote from: centurionlaw on August 01, 2018, 12:28:36 PM

I think this is the good news if banks are accepting bitcoin and peoples can withdraw via Debit/Credit card. I hope In upcoming days all world wide banks will be accept bitcoin and these kind of adaption will be good for cryptocurrency future also peoples can hold bitcoins in their banks bitcoin wallet and directly can do transaction via bank no need to use third party apps.

This is the problem with the newbies, they're easily deceived by the news spreading on the social media. There is no banks that are accepting bitcoin. And remember that banks will never accept bitcoin, because they cant handle it. Bitcoin is decentralized digital currency, it means that it cannot be controlled or manipulated, and also bitcoin is volatile, it means that the price is changing rapidly and its unpredictable to know if its going to increase or decrease. Banks will not accept such that kind of thing, because they cant control it, and the price is not constant.

Nanashev

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Activity: 75

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Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

I never thought of anything like banks accepting cryptocurrencies to happen soon since so many bankers have criticism bitcoins, its authenticity and operations. In fact, i am very surprised too. I believe PAYPAL has no option left than to make provision for cryptocurrencies. Cryptos are getting better and better........ Roll Eyes

babyaia

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Activity: 164

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There is a little doubt for me if it will be implemented in my country because ATM's there are not very secured it is easily hacked my anyone.It is risky because they can take your bitcoin and money immediately.

IamKnowledge

newbie

Activity: 98

Merit: 0

Damnnnnn! That is great news. At long last bitcoin is stealing the heart of banks. In which country has this miracles happened? i trust that the terms and conditions will be favourable. I cannot wait to see this happening in my country too. Bitcoin is surely the future.

Tashi

full member

Activity: 391

Merit: 100

Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

Well I don't really think it's that good. Atms are really not that secured so there could be a possibility that if your bank account got schemed, both your money and bitcoin will be stolen because they're in the same account. Double the loss, double the risk.

vnck25

member

Activity: 392

Merit: 11

I don't think this option is available everywhere! Just only in certain parts of the World. Furthermore, the fees and chargers could be high and these so called financial service providers are centralized and can change the rules any time they like at their own discretion, which is quite alarming to customers. I don't think these will support more people using Bitcoins as a currency.

Baekhyun

newbie

Activity: 105

Merit: 0

Quote from: Aveatrex on July 29, 2018, 06:16:02 PM

Yo guys,
Are you aware that there is some banks that accept Bitcoin like Neteller or Skrill? I just discovered it so I was surprised.You can deposit your Bitcoin and use your Bank/Credit card to withdraw.
Now,it doesn't matter if Paypal adopt Bitcoin or not since it's primary competitors have already done so.*
What do you think?

I honestly am a bit worried if it happens, because there will be no peer to peer system, it will benefit the Bank. But as long as it's good for the country I do not think I can hold it, anyway this is not a big deal for me.

dgreat

jr. member

Activity: 70

Merit: 1

wow! thats good i never knew about it. atleast it is a good one you deposit your bitcoin from your wallet to your bank account and withdraw when ever you want to withdraw. at least it would be safe. bitcoin is taking over.

jcmansah7

member

Activity: 434

Merit: 10

wonderful, at long last we have some banks who are finally accepting cryptocurrencies. This initiation is very good by these banks and i am sure the other banks would also see this and take the bold step of allowing people to start depositing cryptocurrencies into their system

Topic: Are you aware that some Banks accept Bitcoin? - page 15. (Read 2887 times)