Can You Purchase Crypto Currency with Bank?

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Can You Purchase Crypto Currency with Bank?
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• If you search around, you will come across many
  banks that allow Crypto currency transactions. In
  fact, many banks in the United States have
  declared that only credit cards can be used for
  the purchase and sale of crypto currencies. Ever
  since crypto currency emerged, the complaints and
  rumors that the bank does not accept Crypto
  transactions are doing the rounds.
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• Crypto investors are often on the lookout for
  crypto bank accounts. After all, it is safer to
  purchase crypto with banks than credit cards.
  Make sure that opening a crypto currency bank
  account can take days and weeks.
• Lets learn more about Crypto currency Bank
  Accounts.

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• Crypto currency Bank Accounts
• Sure, not all banks accept Crypto transactions.
  Even banks that do allow crypto currencies,
  implement certain restrictions. According to the
  banks, the main reason why they do not support
  crypto currency transactions is the high
  volatility rate. Other than that, the increased
  chances of fraud and threats are the reasons why
  banks ban Bit coin, Ethereum, Altcoin, and other
  such e-currencies. There's no denying that
  financial institutions are put through a great
  risk with crypto transactions especially when
  they are done through credit cards.

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• The current announcement of the US banks
  regarding the crypto currency credit card
  purchase was quite expected. Earlier, many banks
  in the United States modified the merchant
  category code for e-currency transactions. With
  the help of these codes, the banks charged
  advance fees for every crypto purchase, the
  transaction for which was processed through
  credit cards. Apart from this fixed rate of fee,
  the Crypto dealers were also charged a high fee
  by the credit card companies.

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• Why You Must Open Crypto currency Bank Accounts?
• With the changes in the merchant code of crypto
  currencies, people speculated more regulations
  for crypto buyers. Unfortunately, not only banks
  are restricting crypto transactions but it seems
  like the government of the United States is also
  imposing limitations. According to the US
  government, the primary reason for these
  restrictions is to control and tax the e-currency
  transactions.

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• The above conditions clearly suggest that buying
  crypt currency with financial institutions is a
  safer option than credit card companies. Not
  only does the bank allow buyers to purchase a
  significant amount of crypto currencies, but it
  involves lower risk. If you want to ensure the
  safe and secure crypto transactions, you must
  consider opening a crypt currency bank account.
  But before you do that, conduct thorough research
  and pick the best and reputable financial
  institution to open a crypto bank account.
  Whether you are an individual or a corporation,
  it is pretty important to contact the bank.
  Before you create this account, gauge the risk.

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