One advantage state-level authorities still have in their greedy hands is that they can make our banks non-comply with Crypto friendly features (such as blocking withdrawals and deposits. Do not let this happen to you. Get yourself a Crypto-friendly Neobank.

What is a Neobank

Many people and businesses are switching to Neobanks on a day-by-day basis. These tend to be more fitting to the future of the internet and blockchain anyways so you might not be surprised to hear that they have an outstanding track record of being Crypto friendly when traditional commercial banks have sold out to regulations such as banning all deposits to the most used and widely-recognized as safe Crypto exchange, Binance.

It is hardly fair that you should be bullied out of your funds, and investment, in such a manner simply because traditional banks do not want to los eout to the DeFi world.

A Neobank, also referred to by their alternative name "challenger banks", means a "New Bank" breaking away from traditional commercial banks: "In the modern world that we live in today, the word ‘new’ is commonly associated with technology. NeoBanks are no exception to this claim, as they are banks that operate 100% digitally through leveraging technologies such as the internet or cloud computing" (Statrys, 2021).

These banks can meet the standards of everything a traditional bank can do, including the following:

• Opening a checking or savings account
• Loans other money lending services
• Transfers to individuals or companies
• Investing and insurance

What's the best Neobank

For me, when UK traditional banks came to block Binance from deposits and withdrawals, it created a worrisome state for me as I did not know how to best pursue my crypto investments whilst also not locking out those funds from being able to be used in the future.

The solution left me even better than before: this Neobank that changes the game.

'Revolut' is not only one of the most widely used Neobanks today, it is also highly accessible, convenient, and has a depth of useful features:

• The sleekest, most modern UI you can experience on a Banking app
• Expenses automatically being categorised and insight into spending habits being generated
• The ability to buy crypto right from the app (Crypto-friendly!)
• Or you could choose to buy crypto using its traditional debit card that gets sent to you by post
• Or you could start spending immediately using the even more secure virtual debit card
• You can even buy stocks and trade them in app
• You can create a savings vault and earn a return on your savings 
• You can chat to support right from the app (no annoying queues during "banking hours" this time)

How to create your account

Creating your account with Revolut is simple, just follow the steps below:

• Download the app and input your phone number.

• Set the password and an OTP will be sent to your phone to verify the account.

• Enter your name, birth date, address, and email.

• Make an initial deposit by putting in your bank details for a transfer to be initiated.

• Provide a selfie and a picture of your passport for verification. 

• Select either standard, premium, or metal account, and pay the fee (standard is free)

• Don't forget to order your debit card to maximise your priveleges.

Crypto is OUR community and WE get to decide the future of the financial system. 
Spread positivity, knowledge and advice, and good karma will be on it's way.

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