Does any bank accept Bitcoin?

[PhilPrime]

I have heard of bitcoin ATM machine i think it was in london or france but i think ive seen some articles discussing of having a bitcoin bank.
I guess if bitcoin has a bank it would no longer be decentralized cause you will be charge by taxes aland debt, that's what i think.
Maybe if someday bitcoin becomes well known in the world i guess bitcoin banks would to start to appear but who knows.

Soke countries alrady have bitcoin bank, or ATM but in out country bank were used to cashout btc to our foat ,though numbers of bank who applies it were increasing in numbers now.

[carriebee]

Here in my country I dont heard any that banks accept bitcoin. But I saw one AtM bitcoin, and I dont think banks will accept bitcoin. As bitcoin is for anynonymous and by government rules.

[stompix]

It's almost 4 year that my bank accepts bitcoin as a payment on any their service but not directly. I mean that I have btc on my bank's wallet and they exchange it with 2.5% fee automatically. However same system is on our ATM's, it's not possible to send btc to atm's wallet and withdraw after that.
BTW bitfury's support helped our banks to offer bitcoin services.

What's the name of your bank? I don't know that there is a bank that is accepting bitcoin for the last 4 years.

Can you give the link of that bank so that I can add it to my list as I'm looking for those industries especially in the banking sector.

Those that are into crypto currency and is already adopting it.

He has no clue what he is talking about.
Just think...a bank accepting payments? Payments for what? Groceries?
Not directly but you have btc on your bank wallet... lols , contradiction much?

If at least 1/4 of what he said would be true we would have read about it in all the news and there would be 100 threads about it.
He is most likely mistakenly thinking a webwallet is a bank.

[batang_bitcoin]

Here in my country I dont heard any that banks accept bitcoin. But I saw one AtM bitcoin, and I dont think banks will accept bitcoin. As bitcoin is for anynonymous and by government rules.

The same here in my country, there's no bank that is accepting bitcoin. I have two opinions if the banks will start to use and accept bitcoin here on my country.
1. I don't want bitcoin transactions to be taxable.
2. If banks will adopt, it can make the demand higher = higher price.

[nakisama]

does the ATM bitcoin price is the same as the one online?

how much as fee are they taking on a normal transaction?

[joganuts]

You can always get around the fact that banks don't "accept" bitcoins, if you plan on saving your bitcoins to use way down the line in the future.  You can print off a cold storage paper wallet or get some physical bitcoin wallets and continually keep depositing your funds in there, which you can store in a safety deposit box for high security that no one can steal it from you or have something bad to it.  Could be a good option if you don't own something like a really nice safe.

The fact that people want to have a bank that prefer to accept bitcoin is impossible for now. Because if we are looking to set bank to accept bitcoin on transaction either in savings , exchanging or loan it is quite not tangible for us. Why? because before bitcoin accept bitcoin, bitcoin should be legalize by the government because it should be a government or a specific sector that will manage bitcoin in terms of stock and loaning system. But we do not want government to handle bitcoin or to have power to manipulate it because corruption may exist and transaction issue may also happened. So it is better to think to just focus first on developing bitcoin transaction and security than to think on banking system because on the first place bank does have a differ system compare to bitcoin.

[7788bitcoin]

does the ATM bitcoin price is the same as the one online?

how much as fee are they taking on a normal transaction?

Bitcoin ATM prices are way too high- usually about 10-20% higher. They are only for small amount purchase, with the higher price including the operation cost of the ATM machines. If you are buying larger amount please consider a proper exchange.

As for the fee, I think they pay a rather high fee (similar to Coinbase) in order for the transactions to be confirmed as soon as possible.

[Rufsilf]

Bank will not accept bitcoin because it will be against to them because bitcoin is decentralized and they can't control bitcoin so it will be useless if they will accept bitcoin as a deposit on their bank. Bitcoin doesn't need bank because our wallet is already bank.

[zidanw]

I think banks only accept something legal or already have a permit from the government, it's hard to imagine if the bitcoin have a supported by the government, the possibility of banks accept bitcoin is impossible it's just my opinion.

[PhucS]

In my opinion, I think no bank will accept Bitcoin because Bitcoin seems to be their rival. In my country, I have never heard of a bank that accepts Bitcoin. Bitccoin is electronic money, it is hierarchical, freedom for everyone and not subject to anyone's management. If a bank accepts BItcoin, Bitcoin will be managed and it will likely be taxed. One more thing, the price of BItcoin can fluctuate daily, they fear that it will affect the financial and they can't control it. This is my own opinion

[timecoinprofit]

If you use PayPal you will not need a bank account. just transfer money to you PayPal and then fund any wallet that takes Paypal.


https://t.me/BetRobotbot?start=dfe05f
3%-6% daily with

[jossiel]

It's almost 4 year that my bank accepts bitcoin as a payment on any their service but not directly. I mean that I have btc on my bank's wallet and they exchange it with 2.5% fee automatically. However same system is on our ATM's, it's not possible to send btc to atm's wallet and withdraw after that.
BTW bitfury's support helped our banks to offer bitcoin services.

What's the name of your bank? I don't know that there is a bank that is accepting bitcoin for the last 4 years.

Can you give the link of that bank so that I can add it to my list as I'm looking for those industries especially in the banking sector.

Those that are into crypto currency and is already adopting it.

He has no clue what he is talking about.
Just think...a bank accepting payments? Payments for what? Groceries?
Not directly but you have btc on your bank wallet... lols , contradiction much?

If at least 1/4 of what he said would be true we would have read about it in all the news and there would be 100 threads about it.
He is most likely mistakenly thinking a webwallet is a bank.

That's why I'm curious if there's a bank that do accept bitcoin last 4 years ago. I'm thinking if that is a bank that automatically convert bitcoin to fiat.

Depending on the current exchange of bitcoin. I guess so that he is thinking that his webwallet is a bank and he managed to cash it out through an ATM.

Since most of the web wallets are offering that type of service.

[Vaculin]

As for now i still have not heard a bank accepting bitcoins in our area.But i would be very glad if someday banks will be very willing to accept bitcoins as for us to be convenient in changing our bitcoins and trading with them.

[nuela]

Which banks will receive bitcoin as a means of withdrawing money?

[DoublerHunter]

As for now i still have not heard a bank accepting bitcoins in our area.But i would be very glad if someday banks will be very willing to accept bitcoins as for us to be convenient in changing our bitcoins and trading with them.

Banks will just accept bitcoin as a payment on their deposits or withdrawals if the government of their country will legalize bitcoin and accept it as a money in their country like in japan which they already made bitcoin as a money so the transactions of bitcoin there will be easy and not that hard to find because most of the stores there already accept bitcoin so as well as the banks.

[stompix]

As for now i still have not heard a bank accepting bitcoins in our area.But i would be very glad if someday banks will be very willing to accept bitcoins as for us to be convenient in changing our bitcoins and trading with them.

Banks will just accept bitcoin as a payment on their deposits or withdrawals if the government of their country will legalize bitcoin and accept it as a money in their country like in japan which they already made bitcoin as a money so the transactions of bitcoin there will be easy and not that hard to find because most of the stores there already accept bitcoin so as well as the banks.

False.
Probably you haven't even bother to do a bit of research.
One is the legal process of allowing bitcoin payments one is accepting the conversion of btc or even banking regulations.

No bank has announced yet a true btc only service for its clients.

[Bunsomjelican]

Is there any bank/financial institution somewhere in the world that has embraced Bitcoin? Not that I'd deposit my money there, I'm just curious to know it.

Well at the present time now there's no bank yet accepting bitcoin so far. Because in my knowledge about it bank was a regulated
Industry and while bitcoin is decentralized concepts.

[LegendOF45]

Bank will not accept bitcoin because it will be against to them because bitcoin is decentralized and they can't control bitcoin so it will be useless if they will accept bitcoin as a deposit on their bank. Bitcoin doesn't need bank because our wallet is already bank.

I think this depends of the customer and user, if bitcoin will use more than 50% of world population, of course bank will considering to accept bitcoin. I sure future day bank will accept bitcoin because transaction with bitcoin is bigger than real currency.

[jhannlenr]

Just -Today- saw a post about an european bank offering accounts in BTC for users however it's not with profit/interest... Giving interest on BTC is very difficult since you need to invest the money to give interest, investing BTC wouldn't be easy "in the BTC form not USD" and even funding starting bitcoin sites is risky since they can easily default.

[eann014]

Maybe, but it will already converted into what currency you need. But if they will accept the bitcoin itself I think they will not accept it they don't have any control of a bitcoin to go higher.