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What banks sell Bitcoin?

Best Answers

Bitcoin is not a currency recognized universally by all governments and Federal Reserve equivalent (that control printing of money and monetary policy) . It is still a blockchain implementation that has a perceived value by a community that backs it to the value of $19 Billion as of today. read more

Banks do not sell Bitcoin, because it is not regulated, and it’s undermining their business. Blockchain, will be used though, because it’s a nice transaction settlement tool. read more

Setting the business up in this fashion allows bitcoin sellers to sell their bitcoins for free, and receive cash deposits into their bank account based on current MtGox rates. This saves the seller the costs normally associated with selling bitcoins such as MtGox fees, wire transfer fees, currency exchange. read more

The bank account which the buyer makes a cash deposit into will be the bank account of the bitcoin seller. The buyer pays the seller directly. Bitcoin-Brokers never touches the buyer’s cash. read more

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