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Rant #23: I Don't Recommend Wells Fargo

By zpaul_2020blu | Rant Page | 25 Oct 2020


Was reading an excellent article in the Publish0x news section about how more banks & companies are incorporating crypto. Among those companies was Wells Fargo. I can't emphasize the following enough: Do Not Bank With Wells Fargo. Do NOT STORE YOUR CRYPTO CURRENCY WITH ANY SERVICE OR HOLDING ADMINISTERED BY WELLS FARGO.

Why is this a rant? Look at the news the last couple years ladies and gents. Wells Fargo reps have done everything from opening fake accounts to using pandemic funds for people in need to boost their $. Redlining? Wells Fargo was there. The company's reputation is as sour among the major banks as Crypto.com's rep among various fellow bloggers here on Publish0x! 

Personally, I once had an account there. Yes, it was convenient living in a place as boring as Des Moines. However, they offer nothing unique to other major or online banks. 

Would you trust a company like that with your minor or major crypto holdings once they are able? My opinion here is pretty brief but clear. That answer should be a no.

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zpaul_2020blu
zpaul_2020blu

COVID-19 layoff using free time to blog past experiences, personal stories, advice, and more. Chicagoan that's found a home in Texas trying to make it and keep a positive mindset while finding the comedy in life's situations!


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Rant Page

The initial ranting to focus on crypto in sports, nonprofit, and personal experiences. Some general advice and complaints each sold separately. Careers and life are hard. At least we can commune over it every blue moon (or daily).

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