Will banks ever offer bitcoin deposits?

[alvinmtp]

Banks will eventually do the same what Telecommunication companies are doing right now by providing internet services as there is no longer use of call and sms packages because of whatsapp and facebook. same will be the case with banks. if they are not gonna offer bitcoin deposits, they will ultimately do something to provide services related to bitcoins.

[1714563897]

1714563897

[1714563897]

1714563897

[1714563897]

1714563897

[1714563897]

1714563897

[LuckyMan21]

The volatility in the market of crypto currency will decrease with time. The fact is that the market is still young. Over time, deposits in Bitcoins may appear.

[ScroodjMoney]

If they will create Bitcoin deposits, they must make BTC loans? I don’t know how it can work. I think that Bitcoin holders don’t trust banks and they won’t give their coins to financial institutions.

[Rj Manik]

Truly, banks offer advances taken against Fixed Deposits. The Fixed Deposit in such advance is the Collateral. In this manner, it is a secured credit. This makes the Loan against Fixed Deposit less expensive than a Personal Loan.
The advance that can be profited against a Fixed Deposit, shifts from bank to bank. It additionally relies upon the measure of the Fixed Deposit. Higher the estimation of the Fixed Deposit, the higher the sum. You can acquire up to 90% of the FDs sum, just by promising the FD.

[Aztek]

We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

I guess if rue bitcon become the number one cryptocurrency im thinking thr all of the banks have no choice but to embrace and continue to adopt the cryptocurrency and make it somthing as a bank we know that it will eventually come because the cryptocurrency is becoming the new era of currency in Mr opinion so i guess it will become successful as time goes by.

[jovs]

I think bank will surely have the pleasure to accept bitcoin in the future as a form of deposit. Because bitcoin is what so we called the future currency that could be the primary currency people would used in the future in all type of transaction so i think bank system will likely to support the system of bitcoin for them to improve their market and to used the opportunity bitcoin can give to them and in the future of transaction, trading and investments.

[azisdoank]

well i think every country have their different policy against bitcoin but one thing for sure that my government are against with my bitcoin so it won't happen And the banks would never allow something like that to flourish and try to create negative campaigns against it,  Most banks are afraid of bitcoin and never get attached to it due to the volatility of the market price and because it is hard for to hold it. If banks actually are smart enough as you said they can earn from it and get some profit but it really depends on the business

[ethereumhunter]

I think this services could happen in the future and maybe the banks will open bitcoin deposits in someday if their system integrated with blockchain because they need to do this if they want to offer bitcoin deposits. and if the banks want to know about the new technology like bitcoin and they considering that blockchain will give something to them, they will integrate their system and they will try to follow the new digital era because they really concern with the future.

[Market-desi]

since I know bitcoin world until now I have never seen or heard of any Bank in Indonesia offering bitcoin. only they still serve bitcoin exchange rate with rupiah .

[DimensionsOfHell]

The idea is interesting - although the percentage of annuals is some small (in the bank and more can be obtained with greater guarantees). But in general a couple of questions could raise the level of confidence: - what successes of trading (drop the link to the purses - how much has passed / was / has become); - what documents are ready to provide (contracts and other)

[royromales]

I think yes because there is no other source of money but the bank can also be in the cebuana because that is the only possible source of money here in bitcoin propelled in our country where the source of money is using bitcoin because our country is a security bank and cebuana lhuillier

[Melody2]

This is why regulation needs to come in before bitcoin can be fully accepted by most banks. At the moment many institutions still see bitcoin as a bubble and an unserious currency to depend on due to its volatility. If btc is regulated I believe that when regulations come in, many banks will jump at the opportunity that btc brings

[DragonCoinZ]

I think you can wait long time for cryptocurrency deposits in banks. The banks  are actually the one who hate cryptocurrencies at most and also fear they at most. Because they cant controll them, thats why they are so afraid of them. And as long as they are existing, i dont think that they will every accept cryptocurrency as deposit or payment!

[mrben77]

probably, it will be a hybrid of the investment fund and a bank interest deposit, but the payment of dividends is not in fiat and in bitcoins. And the percentage will not be fixed, but floating, depending on the success of the year, but with some minimum bar.

[cabitu]

We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

Cryptocurrencies are more like Securities or Commodities so their value fluctuates following demand and supply.
My answer is banks will not offer BTC deposits. It would be quite enough for me if stock markets offer cryptocurrency  trading.
Banks though can offer a deposit box where you can store your private key on an envelope or nano ledger s

It will be more popular and interesting to put bitcoin as commodity and can be traded in commodity trading like stock trading. Bank will be more suitable to offer service to bitcoin holders for saving/storing theirs key number of their wallet for security reason. In addition, bank also can take function to transfer bitcoin from someone to another via banking channel to improve services to bank customers.

[kingworld]

There is a great possibility that Bitcoin will be used as an investment product. Like stock futures, banks will accept Bitcoin as a risky investment wealth management product and accept bitcoin storage. Of course, they will also accept transactions between users of Bitcoin and the fees may be reduced. This may also be a good news for Bitcoin.

[KID_28]

I think yes, but not too soon. Some of the banks are not that confident when it comes to blockchain topic. Hackers are out there and banks are not ready to face that kind of security breach as of the moment they have to study the technology for them to accept the and allow their corporations to offer bitcoin deposits.

[Genamant]

We all know how risky bitcoin is. Let's imagine the most riskiest money deposit situation.
What do you think guys, will this moment ever come and banks decide to offer us Bitcoin deposits (e.g. fixed profit on 1 year deposit and etc).
This can be very, very profitable for banks if they make correct decisions.
P.S I don't mean freebitco.in's offer of holds on their wallet. I mean if official banks ever offer us this service.

This will be very hard as bitcoin price is very volatile. The banks first priority is making money for themselves. So they need to control what they invest in or what they put out. So that means interest rates and the likes.

[funnynews]

I think that we will get to the point when banks decide that they have to cooperate with the crypto community so they will start offering bitcoin deposits but it will not happen right away, this kind of precess will take a while.

[etin06]

Even if bank offer bitcoin deposits, people won't even deposit their bitcoin in banks because they will be afraid of banks giving them stories.  Bitcoin is actually safer in our Wallet.