Post
Topic
Board Bitcoin Discussion
Re: Small banks are helping cryptocurrencies thrive in Europe
by
alyssa85
on 13/02/2018, 21:39:58 UTC


I believe Kraken uses Fidor bank which has also opened a branch in the UK. Here is some more info about Fidor in the UK:

https://www.moneysavingexpert.com/news/banking/2015/09/challenger-bank-fidor-launches-in-the-uk-today-but-how-good-is-it



That's a really interesting link. Looks like Brits can get a basic online current account with Fidor without a credit check because there is no overdraft facility.

It would be pretty much perfect for cryptoenthusiasts to withdraw money from exchanges to that account without having to risk your main accounts. After that you can simply withdraw the cash via an ATM or transfer the money to another account.