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Topic: Consider the recent rise it is now more important then ever keep the coin secure - page 2. (Read 535 times)

member
Activity: 459
Merit: 10
In my country, there is no bank that accepts Crypto payments and we must participate in the black market or an intermediary website to convert to fiat money.
I think some Asian countries still do not believe that the emergence of cryptocurrency can change the face of the world. So we need to wait longer to get the best service.
member
Activity: 262
Merit: 12
First of all Congratulations to all the holders!

As you know crypto is not the most stable investment out there, there are a lot of cases of banks refusing to pay or accept crypto payments.

Don't get me wrong since the popularity of cryptocurrencies’ it has become more widespread, there has been a massive shift in the mentality of banks towards cryptocurrencies, however its important to know who you can trust.

So here is a list of all the Crypto "friendly" banks out there, that will keep your life easy!

Good luck



What do you mean bro?  How can use this bank? We can use cold wallet instead of using this bank. Electronic money market is nowhere safe, it is best not to delegate to others.
hero member
Activity: 924
Merit: 502
If that is related to my own coins, I will keep it by myself, and I don't trust others to keep my coins even if it's the banks which can guarantee the safety.
I don't like them to try to use my coins for their own benefits without thinking of their users.
It's happened with the banks now, and they only care about how to offers the business without thinking about what they need to do next for the after sales for their users.

We should always be liable for the safety of our coins, don't ever entrust it with other establishments like banks or a stranger whom you don't even seen personally. This became an old practice relying on banks of physical money to be stored for safety. I heard a lot of concerns that some of scammers way of dealing with any funds is through personal tradings, which merely prone to steal funds from you. The current rising price was because of ongoing market demands as well as the activities kept on trending so high, that's why it's always mandatory to keep our holding more intact and cannot be breached by those fraudsters.
member
Activity: 630
Merit: 20
Be your own bank and never trust those centralized banks because someday they might use it against you. A simple hardware wallet is your best bank that you can access anytime you like without the hassle of going straight to the bank. A paper will keep your private key safe to access the wallet that you needed in times of emergency.

That is why i've lost interest saving and keeping my money in the banks. From the time I've met cryptocurrency, I pulled out my money and transfer it into my wallet instead. There are some adjustments but i am used to it now. Anyway, I am happy with my decisions now. I can think of it as a secured way to keep my money.
sr. member
Activity: 1722
Merit: 309
Leading Crypto Sports Betting & Casino Platform
Better store your coin in your wallet and encash only when you needed it. You don't need middleman to store your crypto coins. You can do it by yourself though.

I agree with this, it is better to secure it on your own put passwords or anything to be more secure instead of putting it in a bank. For me, I felt safer when I just place it in may own wallet because I have full control of the private keys and it's not that I don't really trust banks or others but I just felt like can't secure my coins better than me. Also banks can be troublesome most of the time, they will ask you to do this first and that, it is very inconvenient.

sr. member
Activity: 2506
Merit: 368
Be your own bank and never trust those centralized banks because someday they might use it against you. A simple hardware wallet is your best bank that you can access anytime you like without the hassle of going straight to the bank. A paper will keep your private key safe to access the wallet that you needed in times of emergency.
hero member
Activity: 1232
Merit: 738
Mixing reinvented for your privacy | chipmixer.com
So here is a list of all the Crypto "friendly" banks out there, that will keep your life easy!
I don't see any reason why we need such things called Crypto "friendly" banks to keep our coins secured
bitcoin is a peer-to-peer currency, hence we need no centralized bank to help secure our coins or payment system
and when talking about bitcoin or other cryptocurrencies, always remember this famous phrase...
... "Be your own Bank" ...
hero member
Activity: 2870
Merit: 574
If that is related to my own coins, I will keep it by myself, and I don't trust others to keep my coins even if it's the banks which can guarantee the safety.
I don't like them to try to use my coins for their own benefits without thinking of their users.
It's happened with the banks now, and they only care about how to offers the business without thinking about what they need to do next for the after sales for their users.
member
Activity: 1302
Merit: 25
I wouldn't trust the Bank with my money anyway. Himself secure storage of crypto is to store it in your wallet. I'd feel better about it.

Better store your coin in your wallet and encash only when you needed it. You don't need middleman to store your crypto coins. You can do it by yourself though.

Sure we can secure our coins by keeping our wallet codes and addresses away from third party. And on our part, we should try to write our passwords both old and new, secured. And it is better to keep our coins in the wallet rather than exchange if we are not trading them.
newbie
Activity: 1
Merit: 0
The best way to keep your coins secure is to be your own bank. I see no reason at all to deposit my bitcoins into any so-called banks.
Those banks can close down and then your crypto is lost or they can refuse to let you withdraw your fonds.
Get a good hardware wallet or use a paper wallet, just be sure you control the keys if it's not your keys it's not your coins.
sr. member
Activity: 1988
Merit: 275
I wouldn't trust the Bank with my money anyway. Himself secure storage of crypto is to store it in your wallet. I'd feel better about it.

Better store your coin in your wallet and encash only when you needed it. You don't need middleman to store your crypto coins. You can do it by yourself though.
legendary
Activity: 1484
Merit: 1004
I believe that the bank did not fully accept everything in crypto because of the fluctuating value because the bank was worried about it, but it was not a big problem for me because we only took money from them instead of crypto, there was no bank disruption for me it was very good and not there is a big problem after several years developing cryptocurrency, don't worry you lose a lot of value because this is an investment that requires a lot of time to grow and is extraordinary.
member
Activity: 439
Merit: 10
I wouldn't trust the Bank with my money anyway. Himself secure storage of crypto is to store it in your wallet. I'd feel better about it.
full member
Activity: 407
Merit: 101
It is good to see that some banks have started crypto exchange and payment. This will bring more comfort to crypto holders. It is a nice step but I didn't see some of the well known banks there.
That's right, I think the OP forgot to give it. Good news if a lot of banks have received crypto, but in my country it hasn't happened yet and what is expected is that with more people trusting Crypto and its potential, there will be banks here that will accept it.
member
Activity: 192
Merit: 13
Don't need to trust anyone, especially any financial institution close to the banking sector, as this is built as a trustless environment.
I trust only the tech after carefully examining it. You are safe, without the need for a middle man, with Bitcoin.
member
Activity: 286
Merit: 23
GuerrillaBuzz ICO/STO/IEO Marketing and PR company
First of all Congratulations to all the holders! As you know crypto is not the most stable investment out there, there are a lot of cases of banks refusing to pay or accept crypto payments. Don't get me wrong since the popularity of cryptocurrencies’ it has become more widespread, there has been a massive shift in the mentality of banks towards cryptocurrencies, however it is important to know who you can trust. Good luck

I am aware that generally the banking industry is having a difficult time deciding whether to work with cryptocurrency or to reject it altogether. However, since many of the people in the banking sector is now realizing that there is a huge amount of money they can make if they participate in cryptocurrency, we now have some banks who are open-minded enough to join the frenzy. I am sure these good banks will eventually get benefited by their pioneering moves. But then again, the stability of the cryptocurrency market has nothing to do with what banks are doing as there will always risk involved here and in any type of investment vehicles. We have to remember that banks are likened to sharks they can smell blood (money) miles away. Years from now, we might see the banking industry integrating with the cryptocurrency industry establishing a good and profitable relationship. Money is the great motivation of them all.

Agree.

They are friendly now ONLY because they have no choice
sr. member
Activity: 1008
Merit: 355
First of all Congratulations to all the holders! As you know crypto is not the most stable investment out there, there are a lot of cases of banks refusing to pay or accept crypto payments. Don't get me wrong since the popularity of cryptocurrencies’ it has become more widespread, there has been a massive shift in the mentality of banks towards cryptocurrencies, however it is important to know who you can trust. Good luck

I am aware that generally the banking industry is having a difficult time deciding whether to work with cryptocurrency or to reject it altogether. However, since many of the people in the banking sector is now realizing that there is a huge amount of money they can make if they participate in cryptocurrency, we now have some banks who are open-minded enough to join the frenzy. I am sure these good banks will eventually get benefited by their pioneering moves. But then again, the stability of the cryptocurrency market has nothing to do with what banks are doing as there will always risk involved here and in any type of investment vehicles. We have to remember that banks are likened to sharks they can smell blood (money) miles away. Years from now, we might see the banking industry integrating with the cryptocurrency industry establishing a good and profitable relationship. Money is the great motivation of them all.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
Banks will always be against cryptocurrency. They see it as a threat and their competitor so how is it possible that banks would be crypto friendly? They will accept crypto as payment but they wouldn't accept crypto by any means and for good. We must get rid of banks who are trying to accept crypto funds because we aren't sure about their future intentions.
sr. member
Activity: 882
Merit: 282
It is a sign that you will not lose in bitcoin trading and investment if you are patience enough. Bitcoin has been called all types of names before and some called it a ponzi scheme, other said bitcoin is a scam and it will not last and when it was dumping in 2018 many critics said bitcoin is death and it will not rise again. I am happy that we are seeing great recovering again and like other assets bitcoin has had it up and down.
hero member
Activity: 2968
Merit: 913
First of all Congratulations to all the holders!

As you know crypto is not the most stable investment out there, there are a lot of cases of banks refusing to pay or accept crypto payments.

Don't get me wrong since the popularity of cryptocurrencies’ it has become more widespread, there has been a massive shift in the mentality of banks towards cryptocurrencies, however its important to know who you can trust.

So here is a list of all the Crypto "friendly" banks out there, that will keep your life easy!




Good luck



There's no such thing as "crypto-friendly banks".Some banks might be crypto friendly for a while,but they will eventually ban you for your activities,if they find out that you are trading cryptocurrencies.
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