Post
Topic
Board Bitcoin Discussion
Re: chances of bank closing account if you buy bitcoin
by
mindrust
on 29/04/2021, 20:04:06 UTC
What are the chances of a bank closing your account if you buy bitcoin? i have heard people say they closed down their bank account for buying bitcoin, but this might have been a few years ago. he only said they closed his account, there is no chance of them taking all the money in your account, correct?

Depends on where you live and which bank you are using. No they won't be taking your money unless you live in a dictatorship like China or N. Korea but they may refuse to serve you in the future. In these cases they usually let you withdraw your money and kindly show you the exit door.