If you don't follow about their terms you will get suspended so better read their terms before you do business with revolut or other online banks and honestly, the EU is a very strict country that would one of the reasons why your accounts are always suspended.
I think you will need Bitcoin-friendly banks in the EU if you use the account for Bitcoin exchanges.
Take a look at this Bitcoin-friendly banks from here
Bitcoin Friendly Banks in Europe 2020 (Full List)I don't know how accurate is this but you can check them.
I would also consider opening a business bank account outside of the EU, it just has to be able to withdraw money from Paypal and deposit money on exchanges like Binance. So if you know any, just let me know!
n26 and Revolut won't shut you down simply for trading crypto on exchanges. That's not a concern on their platforms at least. Multiple users of this forum use that bank also.
The more risky ones are the new ones. You should also look if the online bank operates under its own license or a sub-licence. Because big systemic banks often highly dislike it when other baks-like services using their platform are associated with crypto a lot. So in that sense it's important to look into what you're putting your money into. Maltan banks also have a bad history. Not specifically against bitcoin, but mostly to the fact that the banks would close only some time after launching. Ferratum and Nemea bank come to mind.
Well, many other users in here do tell that their N26, Revolut or similar bank accounts got shut down due to those kind of transactions, that's the reason I'm worried about and asking you guys for help. I just wonder whether those users have had personal accounts or does it also happen to business accounts?
Every neo bank is like kind of a new bank, so maybe traditional banks would be a better choice for my buying intentions if that's what you're referring to?
The list shared above mainly comes from a test of a single user, so take it with caution. Some banks/e-wallet mentioned clearly said that they don't support crypto at one point or the other but still managed to got to that list. That being said, exchanges based on EU can offer fiat withdrawal so might worth checking out which bank they use, such as Eterbase.
Exchanges like Binance you mean? Because that's the way I'd exactly do my futural daily deposits. Placing fiat money on Binance, Coinbase (Pro) etc. via bank transfer and exchanging that fiat money to cryptocurrencies afterwards.
So is that a more reliable way to keeping a business account alive these days?