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List of crypto-friendly bank accounts

In my opinion, Think long term Do not try to Find the Bank, It may support today but What about tomorrow? Like "DogeFather" Elon Musk's Tesla corp accepting Bitcoin for the car. Suddenly They are not accepting. It is very risky anything related to Crypto.
Find a way to transfer money to a bank account without any Crypto trace.

As I mentioned in the above post

1)Prepaid Card (Pay a premium of Pension policy)
2)Gold
3) IT company Invoices
4)Gift card selling (You can buy a gift card using bitcoin and sell to Paypal Balance)
5)Crypto-> EMI-> Crowdfunding Website -> Real Bank account.
6)Fx Broker Mirror Trading
7) Direct Crowdfunding service that accepts Bitcoin.
8) Buy real estate with Crypto, Earn rental in Fiat or Sell for fiat after some time

You can easily transfer six-figure income to your Real bank account without any Crypto trace.


It is better to play on the safe side.

P.S. I am not an expert or any tax law qaulification. It is just an info. Do it at your own Risk.
 
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maybe you should list a few of the one you have in mind, that would avoid further confusion.


you can do it all on kraken with a business acount, why would your method be better?
I am still researching options because I am not a specialist. I don't know if my method is better. The reason is that I am about to setup an LLC in Wyoming, USA. It is the most affordable option that I could find for me. It is around $400 to open and $300 for anual fees.

I will check Kraken support, but I think It is not possible to open an business account from USA.

If there is an option to forming an offshore (not so tax heaven, because several locations are blacklisted in my country) which able me to open an account in Kraken would be perfect.
 
Sure Why not,


You can also use a forex broker that accepts Bitcoin and perform Mirror trade and transfer (Profit allowed not direct crypto to fiat) to Real Bank claiming Trading Profit.
like


and many you can Google Search.

Using Crowdfunding website like EARN WITH PURPOSE | The Sun Exchange
They accept bitcoin. You can transfer monthly income from this to your bank account without any problem.

There are many EMI account is in the mentor group you can use them for Full proof solution

Crypto-> EMI-> Crowdfunding Website -> Real Bank account.
You can also you p2p lending platform.
Some services also have a liquid Secondary market, You can sell your whole investment (after some time) and Transfer it to a real bank account without any problem.

It is a time-consuming process. But It an ultra-secure and full-proof solution for Asset protection and good Investment Also. So many Crowdfunding websites accept global customers.
You also diversify your asset also.

You can use a Crypto Exchange Visa card to Pay for your Pension Policy premium. Create Multiple Policy with multiple company and Gradually empty your Exchange Balance.
hhmmm... That is very interesting. I'll be busy for some time now...
 
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Thanks for the list. @azb1, when you say crowdfunding site, can you give an example of what you mean please? Thanks. I wouldn't want to crowdfund someone else's business idea with any crypto profits.
It is real estate crow funding. You can also use P2P lending.


This website accept Bitcoin directly.

Thanks
 
I see you listed Mercury among the crypto-friendly ones. I already have a business account with them but I've been too afraid to ask about crypto. Do you have trustworthy references about them being crypto-friendly? Can you please elaborate? Thanks :)
 
I see you listed Mercury...
Their response is this:
"
Thanks for reaching out here. We currently do not have an explicit ban on transfers to/from exchanges for crypto, but our banking partners have historically looked into this further. This means that they may delay these transfers or deny them if they deem them not business-related for your account."
 
Their response is this:
"
Thanks for reaching out here. We currently do not have an explicit ban on transfers to/from exchanges for crypto, but our banking partners have historically looked into this further. This means that they may delay these transfers or deny them if they deem them not business-related for your account."

I think this means that if your business isn't related to crypto in any way and/or you are doing withdrawals from an individual account instead of a business account in the crypto exchange is possible to get it rejected by Mercury's bank partner (Evolve Bank & Trust)
 
In my opinion, Think long term Do not try to Find the Bank, It may support today but What about tomorrow? Like "DogeFather" Elon Musk's Tesla corp accepting Bitcoin for the car. Suddenly They are not accepting. It is very risky anything related to Crypto.
Find a way to transfer money to a bank account without any Crypto trace.

As I mentioned in the above post

1)Prepaid Card (Pay a premium of Pension policy)
2)Gold
3) IT company Invoices
4)Gift card selling (You can buy a gift card using bitcoin and sell to Paypal Balance)
5)Crypto-> EMI-> Crowdfunding Website -> Real Bank account.
6)Fx Broker Mirror Trading
7) Direct Crowdfunding service that accepts Bitcoin.
8) Buy real estate with Crypto, Earn rental in Fiat or Sell for fiat after some time

You can easily transfer six-figure income to your Real bank account without any Crypto trace.


It is better to play on the safe side.

P.S. I am not an expert or any tax law qaulification. It is just an info. Do it at your own Risk.
Haha This is really creative. I'm not tax law qualified too, this why I don`t if it is really the best options, but I loved so much it haha ;)

I have visited the sun crowdfunding there, really interesting. But I don`t understand the 1) Prepaid cards with pension policy? How did work?
 
But I don`t understand the 1) Prepaid cards with pension policy? How did work?
You can pay monthly payment for your insurance policy with card?


“Will Turner: This is either madness... or brilliance.

Jack Sparrow: It's remarkable how often those two traits coincide.”​



Hope this help
 
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