Billy "D" Williams
 

What's the D stand for.......

Awaiting your response in this thread. :winkwink:

Me
Do banks accept Cryptocurrency deposits?

ChatGPT
As of my last update in January 2022, traditional banks generally do not directly accept cryptocurrency deposits.


However, some banks may indirectly engage with cryptocurrencies through partnerships with cryptocurrency exchanges or by offering services to cryptocurrency-related businesses. These services might include providing bank accounts to cryptocurrency exchanges or facilitating transactions involving cryptocurrencies.

Additionally, some online banks and financial institutions that specialize in digital assets may offer services specifically tailored to cryptocurrency users, such as cryptocurrency wallets or integration with cryptocurrency exchanges.

It's essential to check with your specific bank or financial institution to see if they offer any services related to cryptocurrencies. However, due to the evolving nature of regulations and the cryptocurrency industry, policies regarding cryptocurrencies may vary widely among different banks and jurisdictions. Always ensure you understand the terms, risks, and regulatory implications associated with any cryptocurrency-related services offered by financial institutions.

:2 cents:

Well, most banks do not accept cryptocurrency deposits. You must exchange crypto for fiat/USD first on your exchange and withdraw that to your bank. And I have never heard of any banks in USA, Europe, South America or Asia that don't allow that. :2 cents:

What @adultinnovation was lying about is when he says "banks don't allow deposits/withdraws to cryptocurrency exchanges". Which of course is a lie.

Coinbase wires directly to my account.

Exactly, as most do, Coinbase, Gemini, Kraken, Binance, all do this, ACH or wire directly to your banks. @adultinnovation is either a.) lying or b.) talking about a single bank he heard about somewhere in Antarctica.

Perhaps the "D" refers to pipe laying activities?