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Author Topic: Does any bank accept Bitcoin?  (Read 73775 times)
Momoamzad
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March 23, 2018, 05:28:05 PM
 #2101

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.

It is hard to find out any bank that accepting bitcoin yes. There is doubt any bank will accept bitcoin.  May be there are some bank  but I never heard yet about it.

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saeroji92
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March 23, 2018, 05:56:39 PM
 #2102

Not yet in my country. The Central Bank of my Country has not yet issued information on the use of Bitcoin because it is not regulated and there are no studies made by the Government if they will use Bitcoin.
Et Hereum
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March 24, 2018, 05:47:01 PM
 #2103

As far as I know, banks do not accept any form of cryptocurrency or even the most famous bitcoins to their banks because of how much volatile the prices are. I think this is a smart move for banks because it allows them to focus more on investing money, which is more stable than bitcoins.
altysha
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March 24, 2018, 06:07:14 PM
 #2104

I don't think that any bank will accept bicoin and governement don't want to legalize it, because they can't control bitcoin.
ValerKat
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March 24, 2018, 06:32:32 PM
 #2105

There's actually an article that state of few banks expressing their support for bitcoins,  although it only for credit card uses.

Fidor bank - Germany
Change.     - Estonia
Workforce  - Czech republic
Bankers - United kingdom
Goldman Sachs - United States
TDB - Canada
Royal bank - Canada
National bank - Canada
Simple bank - United States

Yeah I know too little,.

Are you sure in this info? I read an article that banks of America  start halting purchases of cryptocurrencies on their credit cards because "Allowing purchases of cryptocurrencies can create big headaches for lenders, which can be left on the hook if a borrower bets wrong and can’t repay." and some other reasons were mentioned.
gvnsrbtc
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March 24, 2018, 07:53:52 PM
 #2106

As far I know no banks doesn't deal with bitcoin because bitcoin is still not considered as legal money in our country so till now no banks accept bitcoin. but banks are making themself ready for future with such own currency.
Hoklik.lel
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March 24, 2018, 07:54:31 PM
 #2107

no bank in my courty.
PrincessChe
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March 24, 2018, 08:10:20 PM
 #2108

In ukraine some bank accept BTC. In main page of web-cite you gen check all rules and prices. Change USD-BTC, do some paiments, deposit
PrincessChe
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March 24, 2018, 08:12:07 PM
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 #2109

By the way, some markets like Ukrainian CITRUS take a payments by BTC. you can buy some electronic, notebook or gudjet and pay by btc
SergeYak
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March 24, 2018, 08:18:09 PM
 #2110

In countries when bitcoin already legal banks probably can accept bitcoin but mostly not. Bitcoin don't need banks and even you need to pay somewhere with fiat you always can exchange your btc.
Nitnit13
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March 24, 2018, 08:24:40 PM
 #2111

Bitcoin exchange is accepted in bank right now in my country like security bank which the only bank I've known for wallet cash out option in my place. The transaction is fast and you dont need any atm card to withdraw your fiat money which was the exchanges of btc convertion. That bank nowadays were developing more facilities for further machines that improving faster services to people specially at the malls in our local cities.
bitcoinbot
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March 25, 2018, 08:46:45 PM
 #2112

For now it is starting to recognize by the Bangko Sentral ng Pilipinas her in Philippines but i don't know if they are already accepting of transaction of Bitcoin,by recognizing is a stepping stone of accepting Bitcoin as a currency and accept transaction direct to bank account.
webosftw
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March 25, 2018, 09:06:23 PM
 #2113

Currently, I see no bank accepting bitcoin. Because there is nothing to guarantee. Banks will not accept bitcoin. Because banks depend on the government. I think when it's really legal worldwide, banks will accept bitcoin
gaurav82
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March 25, 2018, 09:15:45 PM
 #2114

It depends on policy of country. But it will be hard and may be impossible to accept bitcoin by banks. Banks can use only for exchange money for purchase and sale of Bitcoin.
Omosomofa
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March 25, 2018, 09:25:27 PM
 #2115

In my country... Not accepting directly but they are in partner with Bitcoin when funding your luno account. Guaranty Trusted Bank is in partner with Luno company. You can easily send money from you GTB to your Luno without not wasting time and immediately you will see your bitcoin in your wallet. So indirectly some back are accepting Bitcoin.
tiktak89
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March 25, 2018, 11:24:52 PM
 #2116

There are places in the world, but in my city and my region there are no such institutions. But it's absolutely not upsetting me, the whole flourishing of bitcoin is yet to come.

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Djbeats
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March 26, 2018, 01:54:41 AM
 #2117

In my country, many banks can accept bitcoin because bitcoin can help the bank to grow up
Marrionbitcoin
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March 26, 2018, 02:15:29 AM
 #2118

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.

In my country, they are not accepting Bitcoin because it is not yet regulated by our regulators. The Government should need to make a study about it of how secured Bitcoin is because this is also for the protection and safety of investors. Maybe soon if time goes by hopefully Bitcoin can be used in bank. Bitcoin can only be used as mode of payment thru online and other merchants that accepts Bitcoin.
PM.coins
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March 26, 2018, 02:29:12 AM
 #2119

I haven't heard of any banks that accept Bitcoin. Bitcoin is a digital currency and not a physical money. As far as I know, the things they accept in the banks should have physical appearance such as fiat and gold. Aside from that, bitcoin is now a competitor of the banks.
BHX91
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March 26, 2018, 02:36:17 AM
 #2120

At present, my local bank has not accepted the bitcoin deal. But the reality is that banks around the world are adopting bitcoin, and in the future many banks around the world will accept bitcoin trading.
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