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Best Cryptocurrency Bank

Best Cryptocurrency Bank

Cryptocurrency banking has become increasingly popular in recent years. It provides a great alternative to traditional banking, offering low fees, speed, and security. With a crypto bank, users can quickly transfer, store and manage their digital assets.

But how do you choose the best cryptocurrency bank? The answer depends on what your needs are. Before selecting a crypto bank, consider factors like the fees, security measures, and services it offers. Selecting the right crypto bank ensures your digital assets are securely stored and easily managed. In this list, we’ve compiled the best cryptocurrency banks to help you make the right choice.

PlasBit

PlasBit is a game changer in the crypto bank space. It has features such as 2FA and biometric protection. This ensures maximum security for cryptocurrencies. It also offers different crypto cards that load crypto from your PlasBit wallet. The platform offers low fees, instant transfers, and friendly customer service.

PlasBit offers the best cost-to-value ratio of all crypto banks. They are the only crypto bank guaranteeing anonymity as they don’t ask for personal information during signup. Additionally, they offer anonymous crypto cards, allowing you to transact anywhere while keeping your privacy.

PlasBit has different limits for each card tier as follows:

  • PlasBit Virtual:

    $25,000 load per day limit and $5,000 POS purchase per day limit.
  • PlasBit Plastic:

    $5000 load per day limit, $5,000 POS purchase per day limit, and $500 single ATM withdrawal.
  • PlasBit Metal:

    $100,000 load per day limit, $30,000 POS purchase per day limit, and $1,0000 single ATM withdrawal.

Coinbase

Coinbase offers various services for digital asset management, including buying and selling crypto assets, trading with other users, and transferring funds from one account to another. The platform also provides a wallet service, giving users complete control over their digital assets. Additionally, Coinbase offers a range of features and services, such as an excellent customer support team and instant funding options.

Fees

Coinbase has different fee structures for transactions and cashouts.

  • 1% for every transaction.
  • 2% for UK and EU customers on instant cashouts.
  •  1.5% for USA customers on instant cashouts.

Binance

Binance is one of the best cryptocurrency banks in the industry. With Binance, users can buy and sell crypto assets, and P2P transactions, trade with other users, and transfer funds from one account to another. The platform also offers a wallet service, giving users complete control over their digital assets. Additionally, Binance offers a range of features and services, such as an excellent customer support team and instant funding options.

Fees

  • Different withdrawal fees depend on the coin. For example, 0.0002 BTC for BTC withdrawals and 0.0012 for Ethereum withdrawals.
  • No fee is charged on deposits.
  • 0.1% fee when trading using BNB.

Wirex

Wirex is a UK-based cryptocurrency bank offering various features and services. The platform allows users to buy and sell crypto assets, trade with other users, and transfer funds from one account to another. Some of the currencies supported on the platform include BTC, LTC, XRP, and ETH. Additionally, Wirex provides its wallet service and multi-signature authentication for added security.

Fees

Varies depending on the type of transaction. For example:

  • $10.00 for external BTC transfers.
  • OTC rates + commission for crypto exchange services.
  • $1.00 for Stellar external transfers.

Revolut

Revolut is a UK- Lithuania-based financial technology company that provides its customers with a range of banking services through a mobile app. Revolut offers various services, including personal and business accounts, debit cards, foreign exchange, and cryptocurrency trading. Its mobile app allows customers to manage their finances, track their spending, and make payments using their smartphones. Revolut has gained popularity among users due to its low fees, real-time exchange rates, and innovative features, such as creating disposable virtual cards for online purchases.

Fees

  • 2% of the withdrawal above €200.
  • A fee of 0.5% applies for Standard and plans on exchanges above €1000.
  • 2.5% for online payments,
  • 1.5% for offline payments using the Card Reader.

Final Thoughts

Choosing the best cryptocurrency bank can be a difficult task. There are various factors to consider, such as fees, security features, customer service, and supported currencies. Ultimately, choosing the best option for your needs and budget is essential. The five best cryptocurrency banks mentioned above are some of the best in the industry, offering a range of features and services to suit your needs.

If you want to settle for one among the five, we recommend PlasBit. The bank has a low cost of transactions and other services, plus it is secured and has good customer service. PlasBit also provides a wallet service, giving users complete control over their digital assets.