What is crypto banking?

in #cryptobanking3 years ago (edited)

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Cryptocurrency banking is sometimes considered an imprecise term because digital currencies are not regulated by a central authority. Crypto banking means it's not a real bank, but crypto exchanges provide banking-like services like deposit, withdrawal, transaction, exchange, investment, debit card, credit card, loan and more for crypto users. Cryptocurrency banks usually allow people to keep their funds in a digital wallet or spend them like traditional money. People can manage their cryptocurrency balances on exchanges.

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