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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
nilbtc4555
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December 04, 2017, 09:28:34 PM
 #1601

Honestly to say that in my country i dont see any bank that will accept any cryto untill now.Becase cryto currency is decentralize and fiat currency is centralize by the goverment.so in turms of bank dosenot match with BTC at all.Thats why it don't accept any crypto currency i think
triettman
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December 04, 2017, 10:35:16 PM
 #1602

The Bank of America has stated that Bitcoin. after that Leading UK Bank Barclay's has denied it will accept Bitcoin.
nethan1btc
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December 05, 2017, 01:39:24 AM
 #1603

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.

I know this is an old post, but im sure that someone else still have the same question like what you're asking for. Base on my research
to get a good idea about which banks are most Bitcoin friendly,  you try to visit Bitcoin News, Blockchain News, Prices, Charts & Analysis - CoinDesk and inquire within the community. I also recommend Paxful and their website is: Buy bitcoin instantly where there are over 300 ways to trade Bitcoin, including cash deposit directly to the seller’s bank account.
Pain Packer
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December 05, 2017, 01:42:27 AM
 #1604

I think there is still no bank that is accepting bitcoin because it will destroy the idea of bitcoin being a "decentralized" system.

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roy12875
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December 05, 2017, 01:45:39 AM
 #1605

i hope bank accepts bitcoin, but no Cry Cry. If bank accepts bitcoin is much inconvenience for us. Easy to sell, buy , and trade. I dont need to open other account to keep my money or bitcoin. Hope one day we can do it.

adamvp
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December 05, 2017, 05:39:11 PM
 #1606

Standard banks will never accept bitcoin because Bitcoin is worst enemy for banker (sometimes called banksters)
 Bitcoin gives people control which banks would like to leave for them.

As I wrote few posts ago, it will be better to build independent  bank on blockchain rather.

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goto5k
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December 05, 2017, 05:44:36 PM
 #1607

Neteller belongs to a bank and Neteller does accept bitcoin, but is it a payment procesorr itself.
Also skrill accept bitcoin(it seems this is one company now). A simple and convenient method of withdrawal and card for ATMs.



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Windyyy00
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December 05, 2017, 05:51:02 PM
 #1608

No bank accepts bitcoin, transactions and payments by bitcoin are free, people will prefer to use bitcoin rather than using the service of the bank. So the bank's benefits are affected so no bank accepts bitcoin.
Yazrielle
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December 06, 2017, 04:55:55 AM
 #1609

Barclays accepting bitcoins but they allowed it for only denations. Digital bank WB12 also accepting funds and will direct to your WB12 account. But for me you dont need some banks to store your bitcoins because if you will hold your bitcoins it will encrease the value.
Akash55
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December 06, 2017, 06:58:06 PM
 #1610

I'm new in this forum so i don't know much more about bitcoin.In my knowledge i think that there's no bank out there who are accepting bitcoin.And yiu you all know that bitcoin is not trackable for a general person.So no bank accept bitcoin
mininglegend1234
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December 06, 2017, 07:07:39 PM
 #1611

There are many banks that accept bitcoin, but in my country, that is not allowed. There are a lot of countries banned bitcoin, so whether the bank accept or not is meaningless
so far i don,t know any bank is accepting bitcoin .and in current time or situation .i think it is  that i takes some time for this. but there are sites who serves as an escrow function to exchange and trade bitcoins to cash then deposit and cash out to your preferred banks, including remittance centers.but there tax value is very high in my opinion.but we don,t have any choice. In other countries there are none that I know but maybe soon banks will accepts bitcoin and loan bitcoins.
Smpdytz
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December 06, 2017, 07:09:33 PM
 #1612

There are many bank thats accept cryptocurrency .but it based on country and government rules,in my country the bank doesnt accept bitcoin yet but in near future they will accept
valentinen39
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December 06, 2017, 07:10:50 PM
 #1613

Maybe in some other country there are banks that will accept bitcoin and set it for time deposit but i think that this is very impossible because the market is volatile. Another thing is that bitcoins might crash the banks because the price is increasing higher rather than placing your money on the bank.
chanchenjhun
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December 06, 2017, 07:21:10 PM
 #1614

the most beautiful fragrance that bitcoin accepts is a security bank. besides you're the only person you care about when you want to get it.
Just verified your wallet you can easily cash out the security bank.
there is one bank can easily claim on cebuana. it does not mean that you finish fillup the form you just wait 1minuet to 2minuet you will get.
Their use for bitcoin is rebit.
Extrago
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December 07, 2017, 12:36:02 PM
 #1615

Yeah, I've heard that some banks are willing to accept it. Especially, in the countries that recognized it officially. I might be wrong though))
karma_project
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December 07, 2017, 12:40:29 PM
 #1616

Yeah, I've heard that some banks are willing to accept it. Especially, in the countries that recognized it officially. I might be wrong though))

No, you are not mistaken. Now banks can work with bitcoin only in those countries where bitcoin is accepted. But this is only the beginning. I think that soon the banking system will be built on a blockchain technology

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378budiman
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December 07, 2017, 12:41:53 PM
 #1617

No bank receives bitcoin, but with the majority of banks you can withdraw money into the stock and buy bitcoins.
when you want to buy bitcoin you only do SEPA injections and voila you can buy bitcoin.
proexcept
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December 07, 2017, 12:43:49 PM
 #1618

In my country (as well as any others I suppose), banks do not work with bitcoin. They still do not believe in crypto currency and say it's a bubble. Probably in a few years everything will change. I hope so

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a4techer
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December 07, 2017, 12:49:08 PM
 #1619

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.

I doubt that bank accepting bitcoin that was impossible because cryptocurrency is one of the competency of any bank that dint want to implement in any country because there business was affected thats why its so impossible that banks accepting bitcoin because here in our country many banks was not accepting cryptocurrency so thats why bitcoin was not legalize here in my country.
EmJay
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December 07, 2017, 12:50:44 PM
 #1620

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.

I don't think there is any bank that accepts bitcoin directly. you can have transaction in the bank but you need to convert it first to cash and transact it from your wallet to a bank like in my country Philippines. we use the coins.ph wallet to send money from bitcoin to the bank but to have a direct deposit of bitcoin, I don't think there is any..maybe in the coming future.
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