To open an account in a local exchange, you have to overcome many obstacles. First, you must have a bank account: check option 1. You should also find a suitable exchange that works in the local currency and jurisdiction. Once you are accepted as a client (after a long period of verification), waiting times and fees are relatively high. Last, but not least, there is a risk of a series of intrusions or lack of Internet connectivity, something that has happened dozens of times in the past.
The common denominators when they try to send your house to your bank account are huge barriers to entry, repeated boring KYC steps, low speed and prohibitive prices. It can not be transferred to someone other than you through the exchange. With a bank, you always have the risk of closing your account at any time or not allowing you to open an account in the first place.Bitcoin To International Bank Account Number Cash Withdraw
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