Which banks are bitcoin friendly?

[yoseph]

Now many banks prohibit the use of credit money for the purchase of cryptocurrency. Did you buy bitcoin for your personal money or for bank money (credit)? When using personal funds, you should not have any problems. Cancel the ban on double conversion if your national currency is not a dollar or an euro. Also, you did not specify which country you are from, so it's hard for you to give an answer. In all countries, completely different attitudes toward cryptocurrencies and bitcoin.

I wouldn’t even really advocate for the purchase of bitcoins with credit cards considering how much they charge for that transaction, you could purchase a lot of gift cards which you can exchange on paxful an exchange agency.

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[megynacuna]

I don't expect a friendly inter-relationship between bitcoin and the banks because they are in competition for the same customers and since bitcoin is strictly decentralized i doubt if any bank in this world will trust it enough to work with it.

[joymarker]

I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks

Bank Belanda yang Pernah Menyebut Bahwa Bitcoin 'Beresiko Tinggi' Kini ... tentang kriptocurrencies, dan mungkin lebih ramah terhadap teknologi dalam waktu  .

[nikenv2212]

If I am a breaker of a bank that has the authority to lend to clients on the grounds of cryptocurrency or bitcoin, I will openly refuse. There is no guarantee that the customer's trading business in bitcoin will continue to succeed because the bitcoin value is very volatile. Cryptocurrency is very high risk, especially when the current rampant-bad credit, I think the bank will never take that risk for the health of their bank.
Unless you have a real business, you can apply for a business loan to the bank for your business, and you can use some of that money to buy some bitcoin 

[smartboy2ever]

Bitcoin's demand is increasing day by day. There are many banks who are now trading through Bitcoin. There are: Fidor Bank, Change Bank, Worldcore , Bankera,  Monaize.

[jtipt]

I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks

Were you able to purchase BTC even after the letter? If that's the case then you shouldn't have any problem because many banks are discouraging people from buying cryptocurrency, officially they are calling it for safety of people because scams are every easy suing crypto. No bank is truly bitcoin friendly, some of the banks may not send you these letters for now but that won't make them bitcoin friendly, although some banks are embracing blockchin they still hate bitcoin.

[Polipog]

In my country, the union bank is the most friendly banks wants to accept bitcoin transactions, and as what I have seen on the television news that the manager of union banks starts the training procedure of their employee on how to entertain a bitcoin transactions. Hopefully other banks also follows by accepting bitcoin business. We all know that a lots of banking institutions wants to accept bitcoin business but the reason behind are the future risk because bitcoin is not legally endorse by government.

[NORD YGGDRASIL]

Banks can not react positively to bitcoin. The politics of banks and the politics of bitcoin are two absolutely different kinds of philosophy. The banking system has a ripple. This is quite enough for them.

[hutchdavidson]

I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks

Were you able to purchase BTC even after the letter? If that's the case then you shouldn't have any problem because many banks are discouraging people from buying cryptocurrency, officially they are calling it for safety of people because scams are every easy suing crypto. No bank is truly bitcoin friendly, some of the banks may not send you these letters for now but that won't make them bitcoin friendly, although some banks are embracing blockchin they still hate bitcoin.

The letter said my account would be suspended if I kept buying btc so I didnt want to find out so I didnt try to buy anymore btc. I figured they actually meant it or I wouldnt have got the letter in the first place. Banks usually mean it when they threaten to kick you out...

[MINHAJ_VI]

I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks

It really depends on ur location qhere u belongs to.If there the exchange allowed on any bank then it could b exchangeable.

[Evangeline2]

It would be better to create a bank that would connect directly with the cryptocurrency and then undertake the conversion service, which would make the currency more liquid.

[kotajikikox]

I initially bought bitcoin through my credit union linked to an exchange but got a letter from the credit uinion saying its not allowed and to stop etc
Are there any banks that allow this? Thanks

Herein my location have bank accepting bitcoin because if there's no bank accepting bitcoin how to exchange Bitcoin into fiat money, so i beleive  bank and virtual currency have an connection to each other.

[krishnaverma]

In my country, the union bank is the most friendly banks wants to accept bitcoin transactions, and as what I have seen on the television news that the manager of union banks starts the training procedure of their employee on how to entertain a bitcoin transactions. Hopefully other banks also follows by accepting bitcoin business. We all know that a lots of banking institutions wants to accept bitcoin business but the reason behind are the future risk because bitcoin is not legally endorse by government.

I my country all the banks are supporting transactions related to bitcoins. You have to first transfer the money to bitcoin exchange to buy bitcoins and then after selling bitcoins for profit, you can withdraw that money to bank account. These transactions take a maximum of 1 day. Some of the people were spreading news that some banks have seized bank accounts of some exchanges here but it was due ti suspicious behavior of those companies.

[Noelbetty12]

On our locality no banks did ever encourage the customers or coin holder to use or deposit bitcoin. So far there are no laws passed to recognize it but also no laws that regulates the use of it. People are allowed to transact business and we have at least one trading site that can exchange bitcoins. So we are warned to trade bitcoins with caution. Banks do not support bitcoins probably because of its volatility as of now. I don't know if they will support in the future.

[Manchumichael]

In my country, the union bank is the most friendly banks wants to accept bitcoin transactions, and as what I have seen on the television news that the manager of union banks starts the training procedure of their employee on how to entertain a bitcoin transactions. Hopefully other banks also follows by accepting bitcoin business. We all know that a lots of banking institutions wants to accept bitcoin business but the reason behind are the future risk because bitcoin is not legally endorse by government.

I my country all the banks are supporting transactions related to bitcoins. You have to first transfer the money to bitcoin exchange to buy bitcoins and then after selling bitcoins for profit, you can withdraw that money to bank account. These transactions take a maximum of 1 day. Some of the people were spreading news that some banks have seized bank accounts of some exchanges here but it was due ti suspicious behavior of those companies.

Right now i did not receive any official message from my bank which is connected to crypto exchange site, but there is a rumour like all government undertaken banks and some private banks are not supporting. So i think this is fake news.

[STERLING98333]

This of course vary from location to location and most of the banks don't accept crypto but in future this might happen that there will be only crypto currency not traditional currency if the securities become strong to handle any hackers.. but for now no baks will entertain for crypto

[sbjkfl]

Now many banks prohibit the use of credit money for the purchase of cryptocurrency. Did you buy bitcoin for your personal money or for bank money (credit)? When using personal funds, you should not have any problems. Cancel the ban on double conversion if your national currency is not a dollar or an euro. Also, you did not specify which country you are from, so it's hard for you to give an answer. In all countries, completely different attitudes toward cryptocurrencies and bitcoin.

I wouldn’t even really advocate for the purchase of bitcoins with credit cards considering how much they charge for that transaction, you could purchase a lot of gift cards which you can exchange on paxful an exchange agency.

No, this is a very complex issue. Economics often involves a key issue of thinking, ideas and ideas change, can change the economic problems, the wealth of the phrase can be seen in the understanding. Bitcoin circulation is capped, plainly, just an electronic gold on the Internet only.

[karisiak123]

In my opinion, every bank can accept bitcoin except for territory or country that is prohibited to exchange or purchase bitcoin.

[Derfcoin]

In my country, the union bank is the most friendly banks wants to accept bitcoin transactions, and as what I have seen on the television news that the manager of union banks starts the training procedure of their employee on how to entertain a bitcoin transactions. Hopefully other banks also follows by accepting bitcoin business. We all know that a lots of banking institutions wants to accept bitcoin business but the reason behind are the future risk because bitcoin is not legally endorse by government.

I thought the same applies to the us! I have a union bank too, and they never complain about coinbase transfers,

But Maybe the staff is just being nice...

Banks shouldn't be able to decide who you can and can't wire money to...

[Verona25]

Bitcoins differ from conventional currency in that registries are not stored centrally in banks and payment systems, but simultaneously on all computers that are occupied by bitcoins.