Ethereum: Choosing a Bitcoin Friendly Bank
Regarding financial transactions, the choice of the bank can often do or interrupt your business. For those involved in the world of the cryptomena, such as Ethereum, may be navigation in a banking system that does not understand or supports their unique needs, a daunting task. However, with the increasing popularity of acceptance and use of cryptocurrencies, banks are beginning to notice. In this article we will review some of the bitcoin banks available to you.
What is the Bitcoin Friendly Bank doing?
The bank is considered a bitcoin friendly if:
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3 ** Offer the user interface and transaction processing times: Users should be able to easily send, receive and store bitcoins without incurring excessive fees or waiting too long to go through transactions.
TOP bitcoin banks
Although not an exhausting list, some of the best banks that are explicitly bitcoin are included:
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- N26 : The German digital bank, which offers a range of payment services and supports various cryptocurrencies, including bitcoins.
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SBI worldwide : The largest Japanese bank that presented services based on bitcoins for individuals and high -value businesses.
- PayPal : Although PayPal is known as online payment service, it also offers a range of products and services related to cryptocurrencies.
- Bitfinex : Cryptocurrency exchange leader, which provides its users with a number of financial services.
More remarkable mention
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- Blockfi : Digital bank based in the US, which supports various cryptocurrencies, including bitcoins.
- KHARKEN : Replacement of a cryptocurrency founded in the US, which also offers a number of financial services to its users.
Conclusion
Although not all banks are created equivalent in support of the support of bitcoins and other cryptocurrencies, some of the best options available today include Revolut, N26, SBI Worldwide, PayPal, Bitfinex, Binance, Blockfi and Kraken. When choosing a bank for your business, consider factors such as understanding of cryptomena, robust AML/KYC protocols, user friendly interface and fast transaction processing times.
Final tips
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- Understanding fees
: Be aware of any fees associated with the use of Bitcoin friendly bank, including exchange fees, transaction limits and monthly maintenance fees.
By spending time for research and choosing a bitcoin -friendly bank that meets your specific needs, you can make your financial operations more efficient and enjoy the easier facilitating transactions with cryptomes such as Ethereum.