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Economy => Trading Discussion => Topic started by: cryptopharma on March 22, 2020, 02:35:54 PM



Title: Crypto to Fiat in US Business Bank Account
Post by: cryptopharma on March 22, 2020, 02:35:54 PM
HI,

Does any one know of a service to exchange Crypto to Fiat USD to US Business Bank Account???

Thnx



Title: Re: Crypto to Fiat in US Business Bank Account
Post by: OmegaStarScream on March 22, 2020, 03:09:18 PM
Yes, Kraken allows you to do that. You'll just have to make a corporate account instead of a personal one. Take a look at their requirements  (https://support.kraken.com/hc/en-us/articles/115004862007-Corporate-and-Institutional-Accounts)before applying (https://support.kraken.com/hc/en-us/requests/new?ticket_form_id=360000412291).

EDIT: I reached out to Gemini to ask them and it appears that they offer  (https://exchange.gemini.com/register/institution)that as well. You can try to check out Coinbase  because from my understanding, any platform should allow transactions to/from business bank accounts as long as you're registered as a corporation/institution.


Title: Re: Crypto to Fiat in US Business Bank Account
Post by: cryptopharma on March 24, 2020, 04:58:57 AM
any other alternative.....


Title: Re: Crypto to Fiat in US Business Bank Account
Post by: OmegaStarScream on March 28, 2020, 04:38:31 PM
Bitstamp offers institutional accounts as well. What's wrong with the exchanges I suggested before though?

If you're looking for a platform that allows you to send funds to a business bank account without the need of providing any details about your business (basically using a personal account in the exchange) then you won't find any.