Topic: What debit card accepts bitcoin withdrawals? (Read 157 times)

in any case, today no bank is ready to provide such services, because users still use additional resources to exchange or buy Bitcoin. Although if we assume that a bank card can make bitcoin financial transactions with an ATM, then this should mean that Bitcoin can be stored in bank accounts too.

There are some ways to get your money from btc in your hands:
1. Use debit card attached to crypto wallet like wirex and withdraw through ATM.
2. Use localbitcoins or simillar that will exchange your bitcoins to SEPA wire (for EU) or SWIFT (worldwide). You receive money in your bank account that could be like mistertango, weststein, revolut etc. Then you withdraw the money by atm with their card - but these bank see that you receive money from people not from coin wallet.
3. Use Westernunion/Moneygram or such service to exchange

Problems:
1. With the first method, wirex currently offer only 250 EUR/GBP per 24h ATM limit and the fees are giant...
2. When you trade like 5-6 000 eur, they ask the source of funds that you are receiving and ask for documents, statements etc shits. You can try to bully them which is not ok or if you are to be honest you say "I have bitcoin and exchange it - the source of fund is bitcoin investments". First choice doesnt work, second makes your account closed.
3. All money exchangers are charging total over 10-15% to exchange your bitcoins to them, also they leave "tracks" - tax advisors could get these info and you could end up of 30-40% taxes + in some countries prison time for tax avoiding.

So there is no normal way to withdraw your 40-50k bitcoins in flat money in your pocket...

What do you mean by what debit card accept crypto withdrawals, because the last I checked, banks don't accept crypto transactions in any way, banks in some countries of the world have even gone so far to the level that they now block users bank account if anyone make transaction to you with the description bitcoin or crypto in it.

I think you are talking about a crypto debit card and not just a card issued by the banks. If so, you can check out coinsbank, I love their services and I use their debit card for transactions.

Bank account where? Our local bank accounts do not accept any kind of crypto exchanges etc.

I need a bank account with card or prepaid card international that wont bother if you exchange bitcoin to them.

Why prepaid?

Kraken + bank account ? I made it. And worked well (over 30k last year).

I've recently tried some card issuers N26, Bunq, Wirex, Weststein, Revolut - weirdly most are located in the UK.

After some transactions they ask for the source of funds. Whenever you say its bitcoin - they close your account immediately although its not written in their T&C they do not accept this.

Local banks does NOT like such transactions either - maybe its for security reasons...

What is the best option to withdraw 20-30 000 eur btc by using prepaid cards?

Is there anyone who is using a card for exchanging bitcoin to flat currency and withdraw it at ATM and no problems arise?

Maybe this topic has been through lots of times but there arent many recent news about.

Currently cryptopay.me seems a good choice, their support is active in the forum but have not yet tried them. Wirex have giant fees and only 500 eur/daily ATM limit.

It could be a regular (non-crypto) prepaid card account that wont ask shits after some 10k transferred to it.

Share your thoughts pls as im in a deep need of a good service.