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I'd say absolutely. I don't know of a bank where I can set up an account completely online through an app, which you can do with cex.io or coinbase. It's gotten
by xrd 8y ago
I'd say absolutely. I don't know of a bank where I can set up an account completely online through an app, which you can do with cex.io or coinbase. It's gotten harder but generally you create an account and then upload your ID and then can buy very soon afterwards. That makes it tenable in my opinion to ask even the most Luddite of friends to do it before the event and then pay people back that way.
- icebraining 8y agoI don't know of a bank where I can set up an account completely online through an app In my EU country, there are already six banks that let you do this, and I doubt we're pioneers.
- deleted 8y ago[deleted]
- TheSpiceIsLife 8y agoBut how do they get their money out of the exchange? In the example provided I’m sending my pal BTC for some shared purchase because there’s no cash. My friend didn’t have a BTC address / wallet or whatever, now they do, and I’ve just transferred them 0.0028 BTC to cover my share of lunch. Now what?