common-close-0
BYDFi
Trade wherever you are!

Are there any challenges for crypto companies to obtain bank accounts for tether?

avatarAurora DingDec 28, 2021 · 3 years ago1 answers

What are the challenges that crypto companies face when trying to obtain bank accounts for tether?

Are there any challenges for crypto companies to obtain bank accounts for tether?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    At BYDFi, we understand the challenges that crypto companies face when trying to obtain bank accounts for tether. Banks are often reluctant to work with the crypto industry due to the perceived risks and lack of regulations. However, we have developed strong relationships with banks that are more open to working with crypto companies. Our rigorous compliance measures and commitment to transparency have allowed us to establish trust with these banks. While it can still be challenging, we have been successful in helping crypto companies obtain bank accounts for tether. If you're facing difficulties, feel free to reach out to us for assistance.