(Please forgive the gaps in the wording on this post. The idiotic algorithm thinks i'm trying to sell off-site for some bizarre reason so i've had to break up a few words to get around it.)
Banking institutions and governments will always be opposed to anything financial that they can't (or find hard to) tax. They can't control crypto so they want to make it as hard to trade in as possible.
I've been suggesting people get crypto ban k acc ounts for a while now, i've no idea why they aren't more popular on here. Crypto.com is OK, cryptopay.me is even better (in my opinion). I have both accounts and the debit cards work most places in the UK. You can't do some banking like standing orders etc with them, (although direct debits do work), but the important thing is you can transfer GBP between your high street ban k and the crypto ban k seamlessly because it's only when it appears in your crypto account that you then exchange it for BTC. Until that point it's a standard GBP ban k trans fer.
Seems to be a long term solution to these issues and it's as simple as downloading an app, taking a few pictures of your face and ID etc, link the account to your high street bank account and bingo, no more issues buying crypto.
Just my 2p but it works for me.
Cheers. BB
Banking institutions and governments will always be opposed to anything financial that they can't (or find hard to) tax. They can't control crypto so they want to make it as hard to trade in as possible.
I've been suggesting people get crypto ban k acc ounts for a while now, i've no idea why they aren't more popular on here. Crypto.com is OK, cryptopay.me is even better (in my opinion). I have both accounts and the debit cards work most places in the UK. You can't do some banking like standing orders etc with them, (although direct debits do work), but the important thing is you can transfer GBP between your high street ban k and the crypto ban k seamlessly because it's only when it appears in your crypto account that you then exchange it for BTC. Until that point it's a standard GBP ban k trans fer.
Seems to be a long term solution to these issues and it's as simple as downloading an app, taking a few pictures of your face and ID etc, link the account to your high street bank account and bingo, no more issues buying crypto.
Just my 2p but it works for me.
Cheers. BB
