I need some advice and guidance on finding a bitcoin-friendly bank in the US for a business venture
The two that have popped up as top candidates are Mercury and Old Glory
Does anyone have experience with either of these, or have recommendations for others?
Thank you 🧡
#asknostr
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Never heard of those two, but have you looked into Ally Bank?
I've never done business in America, just a bank I've heard of.
Ally is a Cali-based bank that used to pay more % per checking deposits if I recall. Talking 15+ years ago…
I use Mercury for business transfers. I essentially only use it as a pass through from invoice payments to a Bitcoin exchange. But I've never had any issues with them, and the service is good.
Ask the otoco guys. They support mercury and a cpl others. Can register the llc with crypto as well
Been using Mercury since October. No complaints. Just use it as a passthrough. They do have some other features that are interesting like discounts for other services as well as real and virtual credit cards for business expenses. They actually encourage you to create a new virtual card for recurring charge by giving cash back or something like that
We don't condone banking, or shitcoins, but there's a creative approach described in this article that appears to have been somewhat successful
If you have the capital, and an opportunity to buy one (and you can work with a non US bank)
You might look at Cross River Bank. It’s the bank that River and Strike use.
