Consider the recent rise it is now more important then ever keep the coin secure

[jrrsparkles]

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

Third parties are not good too you trust so if you want to save your cryptocurrencies just save in your wallet adjust buy a hardware wallet and save on it.Only used to to convert your cryptocurrencies when you are need Fiat currency for that you may use those banks which is called as crypto friendly banks.

[leowonderful]

Hardware wallets are very simple to use and don't cost very much for the amount of protection that they provide; I have both a Ledger and Trezor and they work just fine for storing the coins I have. Much easier to use than a paper wallet, and I don't have to set up an airgapped computer to use as a wallet.

Note that you should ideally always buy hardware wallets direct from the retailer to ensure the chances of the wallet being tampered with are low, don't load the wallet with a prewritten seed if one is included, and reset the wallet once you get it. There are cases of people getting their coins stolen because of tampered hardware wallets every now and then, and this helps ensure you don't become one of those people.

[Shenzou]

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

I personally against the whole crypto banks system, for multiple reason, the first of which is that the whole concept of using crypto is to shift away from the current financial system imposed by the government which implies that banks hold the power on how the money moves and how and when the transactions are made and who has made them, and sung these banks would defy that whole idea, and by using these banks we just go towards the centralization of the crypto which is not good.

[ricardobs]

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.

Aww, I am not sure that will be a wise idea for now. You should not keep your eggs in one basket, I know we all believe in cryptocurrency and I know it has come to stay, but we still live in a very volatile market and better we watch how we operate during this time.

I think it’s is quite risky to put your savings in a wallet, cryptocurrency is yet to be good for store of value like gold and anything could happen to your coin negatively at any point. For now, crypto is to be used for transaction and also for investment on money you can afford to loose. The devil you know is better than the angel you don’t know man.

Exactly and this is what pays off in the end by which I means that if you diversify and stay curious about your investment in crypto, you would be on a secure position. In addition, a centralized bank has very less to offer and might not be as profitable for you as a decentralized one with the cost of transactions very minimized and reduced.

[CryptoToxicAvenger]

That's great news. This will provide good crypto support and attract many new users. After all, now the security of your crypto assets can be provided by the Bank.

[Reid]

Wow. So there are really banks who accepts it to buy crypto.
I dont get it, supporting something which could bury them in the long run.

Here is the thing.
They cannot stop it and that is why they are going with the flow. Or else they will left with nothing or let us just say bankruptcy.

Soon even banks with big names will start making their own. That is a fact.

[prtty2gal2]

Sure, but why would I need a bank for crypto if I already got my wallet here in my desktop. Is it already good to have your coins secured without having to maintain such balance to just to keep it active? I could utilize banks with crypto if such purchases would be made through that but as far as I know there's no reason to go through bank with that because crypto is being independent by itself, actually.

I still believe that these traditional banks are still the ones promoting these crypto banks just to continue staying in control of people’s funds since it has become impossible for them ever since bitcoin technology was created which did not give permission for them to do so.

I wonder why people who are knowledgeable in cryptocurrency and knowing fully well that we have lots of solid wallets that are available in the industry already to keep people’s fund even more secured than keeping in a crypto bank create a crypto bank again, I am still trying to really see the usefulness of these banks.