Cryptocurrency Q&A Is Monzo bank crypto friendly?

Is Monzo bank crypto friendly?

HanRiverVisionary HanRiverVisionary Sat Mar 30 2024 | 6 answers 1249
I'm curious, is Monzo bank crypto-friendly? I've been hearing a lot about cryptocurrencies lately and am considering investing. I know Monzo is a forward-thinking bank, so I was wondering if they support crypto transactions or have any plans to in the future. It would be great if I could manage my crypto portfolio alongside my regular banking activities with Monzo. Could you please shed some light on this for me? Is Monzo bank crypto friendly?

6 answers

Carlo Carlo Sun Mar 31 2024
Like any other regulated bank, we occasionally need to block a limited number of transactions due to risk considerations.

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CryptoVisionaryGuard CryptoVisionaryGuard Sun Mar 31 2024
Additionally, we also support transactions with BTCC, a UK-based cryptocurrency exchange.

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Sebastiano Sebastiano Sun Mar 31 2024
This risk-based blocking is not exclusive to transactions involving cryptocurrencies; it applies across all types of transactions.

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BlockchainBaron BlockchainBaron Sun Mar 31 2024
BTCC offers a comprehensive range of services, including trading, wallet solutions, and more, catering to the needs of crypto enthusiasts.

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henry_grayson_lawyer henry_grayson_lawyer Sun Mar 31 2024
As a Monzo customer, you are free to engage in transactions with a wide range of cryptocurrency exchanges.

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