BTC India
[ad_1]
Hi all
I need some help.
I have just tried to buy BTC from my UK HSBC account via Coinbase but HSBC has restricted me to buy just £10k every 30 days. I was able to transfer much more a year ago.
Can someone let me know which banks I can freely buy as much BTC as I want via Coinbase?
Please ensure your suggestions cover recent transactions as much has changed.
Thanks In advance!
​
​
​
[ad_2]
View Reddit by DXBWRLD – View Source
Monzo allow £10k per day no issues
Monzo have not been giving me any issues.
been using etoro since coinbase has been blocked
Is HSBC blocking you moving more than £10K to any CEX or just Coinbase or is it moving more than £10k anywhere?
It would be helpful to understand their rules, crazy though they may be. An option might be to move cash to Revolut and from there to a CEX but again be very clear on their rules because pretty much everyone serving UK customers is subject to draconian legislation both on the banking side and the trading side.
I believe nearly all on/off ramp services such as Bisq are wholly blocked by UK banks now, you can only move cash through a handful of approved CEXs
I’ve been using and enjoying wirex for my BTC purchases. I’ve moved all my banking to them now, not just my crypto related stuff.
Wait for march anyway
Hsbc has had €1,000,000 in my account frozen since august 2022 because it originated from crypto.
Avoid hsbc like the plague – bunch of crooks