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Author Topic: Advice for a BC noob please  (Read 265 times)
aioc
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August 07, 2020, 08:44:40 AM
 #21

Yes she can move her bitcoin to a bank account but she might be asked from where the money comes and also to be available to provide her identity card to a exchange so her identity can be verified due to anti-fraudulent transactions
Some banks here do not allow direct deposit of Bitcoin and many banks do not allow it because banks consider Cryptocurrency as risky investment and they don't want to have anything to do with Cryptocurrency, it's better to be safe than sorry why not exchange your Bitcoin to fiat then you can deposit it on the bank this is what majority of us here are doing.

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