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Cryptocurrency banks- what do you use?
posted ago by Johnfox13 ago by Johnfox13 +7 / -0

I currently have Uphold for buying wide swath and Celsius for holding long term with high interest, though it is still only 2.5% say for XRP

Any suggestions?

I am looking for a debit card + direct deposit bank that can also do compounding high interest when holding cryptocurrency.

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– Diotima 1 point ago +2 / -1

Are they FDIC insured? If not fuck that...

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– fegeline 2 points ago +2 / -0

You mean so that the government can take your tax money, bail out the bank and then the bank gives you a few bread crumbs to cover your loss?

No, there's no such feature in crypto. It's like cash or gold, if you lose the key it's inaccessible forever.

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