I've heard enough horror stories about all of those joints to not wish to commit fully to any of them. It's inconceivable for anywhere to have 100% happy customers of course but my main experience is with Wirex and I wouldn't class them as a totally competent organisation.
I dabble with them but I would never run important parts of my life through them.
Topic: The Best Bitcoin Banks of 2020 - page 2. (Read 347 times)
Hey everybody
As Bitcoin has become a household name, more and more financial institutions have begun accepting Bitcoin and other cryptocurrencies to cater to crypto enthusiasts.
While Bitcoin was hard to access before, you can now manage them like normal fiat currencies in different Bitcoin-friendly banks.
Which Bitcoin-friendly banks should you know?
SEBA
WIREX
Bitwala
Fidor
LHV
Learn more & find out advantages of using Bitcoin banks: Top Bitcoin-friendly banks.
What is the best bank for your crypto?
Cheers,
Karl
Bitcasino.io
If the banks in my country had accepted the bitcoin for the transaction,it will be the happiest news for me.Because I can use my holding bitcoin for the money.Now I need to convert my bitcoin to my fiat and then only it will be tradeable.Once the bank accepted the bitcoin and other major cryptocurrency,it will eliminate my transaction fees.
I'm waiting for that moment in our country but as of now, I saw banks have less interest in crypto which makes the crypto users in our country have no choice but only to convert into fiat money. Maybe it needs another decades or two to wait before it encourages bank owners to accept Bitcoin deposits aside from fiat and some assets.
However, I don't think also that it is necessary for us to look at banks that allow us to store our crypto, hence we can still keep it in online and offline wallets, and much more accessible than keeping it in the bank.
However, I don't think also that it is necessary for us to look at banks that allow us to store our crypto, hence we can still keep it in online and offline wallets, and much more accessible than keeping it in the bank.
Honestly, I'm not completely familiar with the word bitcoin friendly bank. I don't know if something like this is happening. However, the purpose of creating Bitcoin was to transact it without a third party. Now if bitcoin is transacted through banks then the main purpose of making bitcoin will be in vain. So one of the best ways to save Bitcoin is through your own wallet.
I've never heard anything about the so called "Bitcoin-friendly banks" in your list.
The whole purpose of Bitcoin was to never use a bank again in your life.Now everyone is just talking about whether or not the banks will accept Bitcoin.Maybe that's why Satoshi left the BTC community-too many centralized third party solutions and services on top of the Bitcoin Core blockchain.
The whole purpose of Bitcoin was to never use a bank again in your life.Now everyone is just talking about whether or not the banks will accept Bitcoin.Maybe that's why Satoshi left the BTC community-too many centralized third party solutions and services on top of the Bitcoin Core blockchain.
The best Bitcoin bank is .....
My own wallet
My own wallet
That's what i'm the most scared about. Banks accepting and storing bitcoin for you... All for the convenience of the end user. Great.
Banks were also storing gold and giving us piece of paper for our convenience (convertible back to gold anytime) Try to get your gold back now Impossible after 1970.
Second step after reaching enough customers? Those banks will implement their old school tricks - fractional reserve system and Bitcoin supply will grow to 200 mln (offchain supply in banks system) - https://bitcointalksearch.org/topic/m.49096584
The only good way of storing bitcoin is your own wallet. Otherwise, you are risking loosing money or harming bitcoin by allowing others to inflate it.
Banks were also storing gold and giving us piece of paper for our convenience (convertible back to gold anytime) Try to get your gold back now
Impossible after 1970.Second step after reaching enough customers? Those banks will implement their old school tricks - fractional reserve system and Bitcoin supply will grow to 200 mln (offchain supply in banks system) - https://bitcointalksearch.org/topic/m.49096584
The only good way of storing bitcoin is your own wallet. Otherwise, you are risking loosing money or harming bitcoin by allowing others to inflate it.
Hey everybody
As Bitcoin has become a household name, more and more financial institutions have begun accepting Bitcoin and other cryptocurrencies to cater to crypto enthusiasts.
While Bitcoin was hard to access before, you can now manage them like normal fiat currencies in different Bitcoin-friendly banks.
Which Bitcoin-friendly banks should you know?
SEBA
WIREX
Bitwala
Fidor
LHV
Learn more & find out advantages of using Bitcoin banks: Top Bitcoin-friendly banks.
What is the best bank for your crypto?
Cheers,
Karl
Bitcasino.io
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