This blog is to answer those questions
of How do you get fiat currency into the bitcoin market if banks
decline deposits. Simple, 1. You are the bank, they are not needed.
2. There are a few ways they have no choice.
Let us explore the two I have always
used. First I have not owned a bank account for 20 years because I
knew they were crooked and untrustworthy. I do not agree when a
savings account can charge you an inactivity fee when it is a savings
account. IT IS SUPPOSE TO JUST SIT THERE AND GAIN INTEREST. A savings
account should hardly ever be used.
BTM MACHINES- Bitcoin Telling
Machines (BTM) are one of the best way to get fiat (fake currency)
into the Crypto market. You can use a BTM to buy/ or sell Bitcoins.
In this case we are going to learn how to buy Bitcoins so you can get
the fiat into that market to start. Watch the below video in order to
understand how to use the BTM.
PRE-PAID DEBIT CARDS- One of the
ways that I have used was, when I was working, to use a pre-paid
debit card. This is not really connected to a bank, they only have a
bank that acts like a go between, but even every bank that is
affiliated with the pre-paid debit cards will tell you they have
nothing to do with the actual card. Your money can be placed onto the
card by, direct deposit, or through a retail outlet. In one case the
America Express Serve Card you can walk into any walmart and put
money onto the card at the cashier.
If you use some common sense, you can
see there is no need for a bank, or a frinancial institution, to
accept the payment. The fiat (Fake Currency) can be placed into the
crypto market at any time through one of these two ways. There are
many sites that you can buy bitcoin with a debit card or credit card.
I prefer the BTM it is safe secure, and your coins hit your wallet
almost instantly.
I hope this article helps you.
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