Cryptocurrency Q&A
Is Monzo bank crypto friendly?
Is Monzo bank crypto friendly?
HanRiverVisionary
Sat Mar 30 2024
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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?
6 answers
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
Sun Mar 31 2024
Additionally, we also support transactions with BTCC, a UK-based cryptocurrency exchange.
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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
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
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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