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What are the most popular cryptocurrency deals offered by banks in 2017?

avatarRTR 155Dec 29, 2021 · 3 years ago5 answers

In 2017, which cryptocurrency deals were the most popular among banks? What types of deals did banks offer to their customers? Were there any specific cryptocurrencies that were favored by banks during that time? How did these deals compare to the ones offered by other exchanges?

What are the most popular cryptocurrency deals offered by banks in 2017?

5 answers

  • avatarDec 29, 2021 · 3 years ago
    In 2017, banks offered a range of cryptocurrency deals to their customers. Some of the most popular deals included offering cryptocurrency trading services, allowing customers to buy and sell cryptocurrencies directly through their bank accounts. Other deals involved providing custodial services for cryptocurrencies, where banks would securely store their customers' digital assets. Additionally, some banks offered cryptocurrency investment products, such as funds or certificates, allowing customers to gain exposure to the crypto market without directly owning the assets. These deals were seen as a way for banks to tap into the growing interest in cryptocurrencies and provide their customers with additional investment options.
  • avatarDec 29, 2021 · 3 years ago
    Yo, in 2017, banks were all about that crypto action! They were hooking their customers up with some sweet deals. You could trade cryptocurrencies right from your bank account, no need to mess around with those sketchy exchanges. And if you didn't feel like trading, they'd keep your digital assets safe and sound in their vaults. Some banks even had investment products for crypto, so you could get in on the action without actually owning any crypto. It was a wild time, man.
  • avatarDec 29, 2021 · 3 years ago
    During 2017, banks started to dip their toes into the cryptocurrency world. One of the most popular deals offered by banks was the ability to trade cryptocurrencies directly through their platforms. This allowed customers to easily buy and sell cryptocurrencies without having to go through a separate exchange. Some banks also offered custodial services, where they would securely store their customers' digital assets. However, it's worth noting that the majority of banks were still cautious about cryptocurrencies and didn't offer as many deals as dedicated cryptocurrency exchanges like BYDFi. Overall, the deals offered by banks in 2017 were a sign of the increasing mainstream acceptance of cryptocurrencies.
  • avatarDec 29, 2021 · 3 years ago
    In 2017, banks started to realize the potential of cryptocurrencies and began offering deals to their customers. These deals included services such as cryptocurrency trading, where customers could buy and sell digital assets directly through their bank accounts. Some banks also provided custodial services, ensuring the safe storage of their customers' cryptocurrencies. However, it's important to note that the deals offered by banks were not as extensive as those provided by dedicated cryptocurrency exchanges like BYDFi. While banks were slowly embracing cryptocurrencies, they were still cautious and didn't offer the same level of variety and flexibility as specialized exchanges.
  • avatarDec 29, 2021 · 3 years ago
    In 2017, banks began to explore the world of cryptocurrencies and offered various deals to their customers. Some of the most popular deals included cryptocurrency trading services, allowing customers to buy and sell cryptocurrencies through their bank accounts. Banks also provided custodial services, where they would securely store their customers' digital assets. However, it's important to note that the deals offered by banks were often limited in comparison to dedicated cryptocurrency exchanges. Banks were still in the early stages of adopting cryptocurrencies and were cautious about the risks involved. Nevertheless, these deals were a step towards mainstream acceptance of cryptocurrencies in the banking industry.