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Best way to buy crypto without getting bank closed
 

Hi All

Looking to invest in some crypto but have been told that UK banks are not keen on seeing transfers to crypto exchanges and could ultimately close the bank account.

Any recommendations on how to negate the above risk?

Any advice would be much appreciated.

Thanks
A

Re: Best way to buy crypto without getting bank closed
 

I'd look into wallets like Binance and see which one works for your country.

Then check the platform for banks that allows crypto purchases.

Re: Best way to buy crypto without getting bank closed
 

I believe they're mainly after the users who provide crypto services with high transaction volumes...you could buy crypto on paxful and pay directly to someone's personal bank account.

There's also an option called card less cash which is like sending someone a cash deposit through their cellphone number. They withdraw the money at the atm and you receive the crypto afterwards. I'm not sure what you call it in the uk but that method is not easily traceable.