Cryptocurrency Bank Account

What is Cryptocurrency and What Are the Types Of Accounts Available?

You might be wondering what a cryptocurrency is? Just as we have several currencies like Euro and USD so also, we have cryptocurrency which is used as a means of exchange like the normal ones. However, this currency is created to serves as a mean of exchanging digital information using a mean made possible principles of cryptography. This cryptography is used to ensure a safe transaction and also to take charge of creating new coins. Bitcoin was the first cryptocurrency to come into existence and it was dated back to 2009. But at the time, there are various types of cryptocurrencies in their hundreds.

They can also be called as Altcoins. Or we can say the electronic conversion of code lines with monetary value is called cryptocurrency. Therefore, cryptocurrency is can also be called digital currency.

Unlike a centralized form of banking, just as the federal reserve system, Cryptocurrency is not governed by the Government as its fully decentralized.

Fortunately, at Prominence Bank we have also brought in place our own cryptocurrency account in order to offer you digital banking opportunities.

Therefore, our customers are be able to get their crypto wallet funded and also be able to transfer funds from their own crypto-account to their normal bank account and also used it to process their normal transactions in the bank. Therefore, you can begin to conduct your trade with your cryptocurrency account and with utmost confidence that your account and transaction are secured and your data are confidential.

Now you can start trading with your cryptocurrency with complete security and confidentiality!!

This is what you get:

• Very powerful Tax Havens Banking Secrecy
• A personal or corporate Bank account for Cryptocurrency
• Access to Internet Banking
• You have total control of your account!
• You can transfer and receive cryptocurrency funds
• References are not needed
• Bank references are not needed also
• Personal visit also not necessary
• There is no tax attached
• It’s easy to operate after setting the account simply
• Deposit for account opening is very minimal
• A background check is not necessary
• A reporting requirement is not necessary
• There is no limit the amount that can be deposited
• All your documents and data are secured and confidential
• You can collect and also send a swift wire transfer from your account with Prominence Bank at the instant you send fund to your cryptocurrency account
• You can transfer all cryptocurrency funds from your prominence bank account. Whether the Usd, pound sterling or Euro account. This is because Prominence Bank Multi-currency flex service permits it.
• For personal opening of accounts, passport notarizations are needed
• For a company, only incorporation details, documents and passport notarizations for opening business accounts

What are the Opening Fees Requirements For Opening A Cryptocurrency Bank Account? 

1. Opening fees for an account: €25,000 for each cryptocurrency bank Account
2. Minimum balance: $100 value in cryptocurrency
3. Monthly charge: it’s FREE