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I don't see a reason why not but it seems just too complicated and risky. You could probably find a local gold dealer or some local person who's looking to sell gold.

There are some websites selling gold for crypto. Perhaps that could be easier, cheaper and more anonymous than than prepaid card.

I don't use exchanges that much. I trade directly with people which is a big no no from banks. Bank Frick rejected my application as they are only interested in working with bigger exchanges and I'm still working on other banks. Good to know :D I'm currently working on application process with...

Thanks for the info. Do you have any experience with verifo.com ? My friend uses them without any issues by far but they are a bit expensive.

I would like to know that too. I had it happen multiple times that someone tried to "recall" the wire. Request to refund the wire was sent to my bank and bank asked me whether I agree to refund it or not. If I did not agree then bank would freeze funds from the transfer for some time, ask me for...

I'm not that rich unfortunately I haven't heard of Globitex so I'll definitely check that out. I already contacted Clearjunction and we're scheduling a call so we will see how that goes. Do you know what their pricing looks like? I couldn't find it anywhere on their website.

KYC and AML is not choice. You have to comply with KYC/AML regulations in your country otherwise you are risking huge fines and jail time. Following regulations doesn't really help with banks. They still won't approve crypto businesses. Doing it on personal account is a huge no for me as that...

I found out that Dukascopy Bank does not offer business accounts so that wouldn't be an option.

Well it's hard business to start and maintain as there are many obstacles waiting for you on the way. But because of these obstacles there's not that big competition on the market and even small businesses are able to make nice profit.

He hasn't mentioned any specific banks but he said that he has 15 Swiss banks in his portfolio that accept crypto businesses. He sent out my business plan to them and in couple days he will inform me which banks are okay with my business and would open account for me. I've been recommended...

They don't provide SWIFT payments to crypto businesses? On their website they seem to be offering "crypto exchange - Virtual currency businesses (cryptocurrency exchanges, brokerages, mining farms, and more)" accounts for 1000€ minimum monthly commitment and they advertise: SWIFT (outgoing)...

Hello everyone, I've been running crypto trading company in Europe for a short time. Since beginning I only used one bank that recently decided to close my account. I contacted every single bank in my country but sadly they all denied to open bank account for my company. I'm not sure what to...

It is possible but it would be quite expensive. Just depends how many % are you able to let go.

Hello everyone, I'm running European cryptocurrency trading company. I'm looking for a bank that issues credit or debit cards with low currency conversion fees. My current bank charges 2-3% fee and I'm looking for cheaper options. Card should have high daily spending limit at least 5-10k euros...

Yes you will be fine.

You can exchange btc to USDC without KYC on Binance. You can then withdraw 2 bitcoin worth daily without KYC (so around 60k USDC)

How do you message people here? I can't seem to find option to message people

Hello everyone, I'm currently operating European company which trades cryptocurrencies on various P2P markets like Localbitcoins and so on. My business mainly consists of buying bitcoins from people who like to stay anonymous and are looking for painless and fast transaction. I pay them mainly...