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My business relies on bitcoin, where can I buy large amounts now with the restrictions in the US?

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After Bittrex shut down, it’s become increasingly difficult to buy large amounts of bitcoin for investing here in the US. I still have Coinbase but they tend to freeze my account for 24 hours if I do anything. Kraken declines every purchase, Paybis does the same. Skrill will only allow me to buy via card, not bank and I can’t send the btc out if I purchase via card. PayPal is an option but it’s a personal account, not business, and their limits are small

What are my options?

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View Reddit by happylittledancer123View Source

Written by BTC India

13 Comments

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  1. Hi u/happylittledancer123 👋

    It sounds like you’re having difficulty purchasing a large amount of BTC for your business. Fortunately at Kraken, you can deposit USD via FedWire, and then trade your cash for BTC.

    Here are your cash deposit options:
    [Cash deposit options (fees, minimums and processing times)](https://support.kraken.com/hc/en-us/articles/360000381846-Cash-deposit-options-fees-minimums-and-processing-times-)

    Additionally, I’d like to mention that you can also setup a business account with Kraken, if you have not done so already.

    Here is some more information on how to setup a business account:
    [Business account with Pro limits](https://support.kraken.com/hc/en-us/articles/115004862007-Business-account-with-Pro-limits)

    If you have any questions, you know where to find us!

    As always, we are available to you 24/7. 💜
    Bill from Kraken Support 🐙

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