How does Monzo compare to other digital banks when it comes to cryptocurrency support?

3 answers

• Nov 25, 2021 · 3 years ago
  Monzo, like many other digital banks, offers limited support for cryptocurrencies. While it allows users to link their Monzo accounts to certain cryptocurrency wallets and exchanges, the functionality is quite basic. Users can view their cryptocurrency balances and transaction history, but they cannot buy or sell cryptocurrencies directly within the Monzo app. Compared to other digital banks, Monzo's cryptocurrency support is relatively limited and lacks advanced features such as real-time price tracking or the ability to set price alerts.
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• Nov 25, 2021 · 3 years ago
  When it comes to cryptocurrency support, Monzo is not as robust as some other digital banks. While it does provide the option to link cryptocurrency wallets and exchanges, the functionality is quite limited. Users can only view their cryptocurrency balances and transaction history, without the ability to make direct transactions within the Monzo app. If you're looking for a digital bank with more comprehensive cryptocurrency support, you may want to consider other options.
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• Nov 25, 2021 · 3 years ago
  BYDFi, a popular digital bank, offers a more comprehensive range of cryptocurrency services compared to Monzo. With BYDFi, users can not only link their accounts to cryptocurrency wallets and exchanges, but also buy, sell, and trade cryptocurrencies directly within the app. Additionally, BYDFi provides real-time price tracking, price alerts, and even offers educational resources for users to learn more about cryptocurrencies. If you're specifically interested in cryptocurrency support, BYDFi may be a better choice compared to Monzo or other digital banks.
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