Is it possible to add or to withdraw bitcoins with bunq?
Check this: https://bl3p.eu/nl/
It's a Bitonic service and at this moment only available for bunq users: https://bl3p.eu/nl/news/11/BL3P+live+in+Nederland!
They also have a bunq account so a withdraw takes only some minutes
We are not actively working on cryptocurrencies, since we are not only fully focussed on the Euro but also because of compliance and Anti Money Laundering rules.
If we would start working on this project, what would you like to see us implement? What do you think would be a cool feature? 😄
If you Support crypto currencys your Support has a Lot more work to Do... So, better not for now ;)
Tenx style pay card. That would be Great
A cool feature would be a integrated multi wallet, something like coinomi. Not only for bitcoin but lots of altcoins also.
What would be amazing and cool is integrating for example a tool wich simpley imports your ETH adress and then shows the balance of that adress and it's tokens :D this is noting hard and easy to do ... check out: https://etherscan.io or https://ethplorer.io they have amazing API's also if you opensource this part off the app would be happy to hekp with that
If I might vote. I would like to have a Wallet @bunq. I do not mind my name is attached to it. The advantage is, I think, the wallet is save at a trusted place.
Make a SPV multicoin wallet.
Nice. Never heard of them before though. Anyone has experience using their service?
I bought and sold bitcoins using Bitonic.
First transaction takes longer because they need to verify your identiy with help of a iDeal transaction.
After that it's only minutes. Never had any issues
It would be nice to have a bunq coin... With bunqs own cryptocurrency we can choose between euros (ECB money) and the blockchain.
Why yet another coin? There are so many already and the only few that have real value (you can actually spend it) are Bitcoin and Ether.
Yeah support for a wallet is great as crypto is getting popular / paying with the wallet would be even greater.
http://news.revolut.com/post/162894699972/announcing-our-66m-series-b-investment -> Check ‘New product’.
Check out what TenX is doing. They are making making payments possible with a debit card. Maybe team up with them ?
I find it hard to buy bitcoins or to pay with bitcoins. I need a wallet and all kind of things i don't understand and I have to team with other parties and I dont know if they can be trusted.
A bitcoin wallet in Bunq would be very much apreciated.
You don't really have to team with other parties. There are some good explanations on the interwebs about Bitcoin and how to use it (Google it). If you want to buy bitcoins with iDeal, the best options are:
satos.nl (best rates)
You can use an online wallet like blockchain.info or a wallet on your computer like Bitcoin core. Bitcoin core has to download all transaction history to your computer so that will occupy 10's of gigabytes on your hard drive. Another option for on your computer is MultiBit or Electrum. Those are called light wallets and use the blockchain data in the cloud, so that won't take much space on your harddisk.
I hope you will get into Bitcoin!
If you want a bitcoin wallet try mycellum or electrum. You keep your own private keys so don't need to trust anyone.
@Siard “Bitcoin core has to download all transaction history to your computer so that will occupy 10's of gigabytes on your hard drive. “
Try 100’s. I tried this yesterday and I killed that plan at 150GB with a steady stream of 140Mbit/s of inbound messages. Running Bitcoin Core on your own computer is not really an option anymore.
En nu Bitcoin Cash er daadwerkelijk is, gaan jullie daar mogelijk ook iets mee doen als dit een optie wordt?
We're definitely checking it out. 🕵️
I am very disappointed that the Bank of the Free is add licking governments. Free would mean you support Cryptocurrencies. Better yesterday than tomorrow.
I suggest all to look into the Fidor Bank from Germany. There you have Bitcoin wallet integrated.
You can open an fidor Account even if you from NL ;) and is not integegratet, it's on bitcoin.de
Yes there is a bitcoin.de wallet integrated
No is not integegratet... You have to register on bitcoin.de and because it's on the same Bank, you can Reserve Euros for bitcoin tradeing in Realtime ;) i own two fidor Accounts... If it is directly integratet i should see it xd bitcoin uses fidor API
What you think is Revolut it's going to accept bitcoins too
I fully agree and would like to see crypto currency here. But that costs: infrastructure, staff... We can hardly expect from a bank to develop /provide such service when bunqers here complain about little monthly fees of 7.99/month. So we might have to give some support...
Thankfully, being in the SEPA zone you can accept Euros from many exchanges including Bitstamp. You can also send to these exchanges. Of course it would be better to have the Bitcoin exchange actually within the bank. Perhaps BUNQ could partner with an exchange for this so that KYC and AML matches up and bunq doesn't need to actually work with the cryptos.
Be grateful bunq is proactive : I'm here because banks in the UK are using KYC and AML as an excuse to try to slow cryptos down. In doing so they damage themselves, opening up opportunities for the likes of BUNQ :)
I see a lot of requests for a bitcoin wallet, but no-one offers any rationale. What does it add?
bitcoin is an investment vehicle at best and it has nothing to do with the area bunq is active in (managing bank accounts and managing how money is spent). Even when you ignore the focus mismatch and the well-known compliance concerns, bitcoin is a waste of time for bunq to spend any time on now, since you can hardly spend any bitcoins at merchants nowadays.
Only when merchants start accepting bitcoin on a large scale, would it be useful for bunq to allow people to transact using bitcoin. That situation can only be resolved by merchants and payment service providers who currently don't accept bitcoin. One of the reasons for that is that the transaction speed of the bitcoin network puts a break on bitcoin being accepted as a payment method and that means merchants run a higher fraud risk. When you're paying for groceries, it's unacceptable to have to wait for an hour before you know a transaction has successfully completed, so payments will be approved with some fraud risk.
Without these conditions having been met, all bunq would be doing is build a wallet which customers could quickly top up with EUR/convert back to EUR (facilitating investing). That would only slightly speed up the fx process but add nothing new (fundamentally the bitcoin exchanges already offer this service) and at the same time it puts bunq under close scrutiny of the Dutch Central Bank (DNB), since bunq as a bank could potentially be used to anonymize/money-launder huge sums of money with a direct link to DNB and/or ECB payment infrastructure.
So, we go back to the initial question: apart from building something which is hip and sounds revolutionary, but adds nothing new: what does it add?
I agree Dirk 👍
Instead of only focusing on the Bitcoin, there's plenty of others too. And I definitely see some potential in having the option to store my coins at bunq. I trust them, I trust them enough to store most of my money at them. So why not expand that a little more by allowing people to store their coins in wallets of the coins, inside the bunq app?
That would make them stand out from basically any other bank.
Making bunq stand out from other banks is not the business bunq is in.
Why would bunq focus on investing? Why would they place themselves under such close scrutiniy of DNB for something that adds nothing to their core activities?
bunq wants to improve banking. Banking involves actually spending money in exchange for goods or services. bitcoin is terrible at this because no-one accepts them. Other cryptocurrencies are even worse at this because their acceptance rate is even lower.
Integrating cryptocurrencies does not add anything for bunq. The only exception would be using something like ripple, which is not consumer-facing and which would only be useful once bunq becomes active outside the SEPA zone (given that instant payments from 2018 onwards will facilitate near-real time transactions inside the SEPA zone).
I'm pretty sure I never said they should get their own exchange. A wallet isn't investing in anything, it's just holding the coins. Besides, bunq actually is very interested in cryptocurrencies if you didn't know.
"bunq wants to improve banking.. bitcoin is terrible at this because no-one accepts them"
Yeah if we all keep thinking like that, cryptocurrencies will never be accepted and thus will banking never be improved. Again, don't only look at bitcoin. One simply has to start with it, and given that bunq actually is one of the few who loves doing that, I think this is a great chance for them. Want to change banking forever and make and see all the other traditional banks fail? Add crypto wallets and I'm sure they'll start sweating because every bank knows that cryptocoins are going to be huge in the future and even now they're already starting to be accepted more and more. Barely any bank has this because they don't want to lose their standard and tradional core business.
An exchange integrated in bunq is debatable, but a wallet-feature definitely has lots of potential.
Why anyone would want to store crypto in a bank is beyond comprehension
I totally agree! I would rather want multiple service providers, which all specialized on one core feature (banking, bitcoin, currency conversion) than having all features at bunq. Please continue to deliver such a great experience with your core business and don’t implement niche features, for which specialized services already exist :)
That's completely up to personal preference and I can also ask similar questions to you. Why would anyone want to store crypto in an offline wallet? Why would anyone want to store crypto in "untrusted"online wallets, hoping the services will stay online or it won't get hacked. Why would anyone want to have all of their money, investments and coins stored at many different locations?
One thing that's interesting and promising to me is that bunq has a DNB license so it can't be gone all of a sudden, unlike many other online wallets for example.
Bunq has a bank license, that doesn’t mean than a “fictive” pseudo-currency is also protected under this law. Crypto currency is not accepted as an official currency, so it can’t be protected like “real” money.
I am aware of that haha! :) What I meant to say was that unlike other online wallets for example, bunq - and thus the wallet(s) - shouldn't randomly disappear. Online wallets are always a risk (to me and sure many others) because you'll never know if they'll be around forever or if they will be gone out of nowhere. But offline wallets have some cons that I simply don't like.
With bunq you at least know they won't randomly be gone as they're simply pretty trusted; otherwise we wouldn't use it right? Personal preference really, but I really feel many banks will eventually go this way.
I totally agree with Jan. This crypto currency discussion is interesting, but not something that bunq must consider in the near future...
Real money is not protected , if EcB decide they need more money they just print more money that's not protected!
I'd love to see bunq make these really useful currencies easy for everyone, much like you do with everything else.
The more average shmo people have access to these currencies, the more places will accept payments and payouts.
Revolut added cryptocurrencies yesterday and they likely deal with the same laws and regulations?!
I'm also waiting for an all-in-one solution (fiat and crypto). I hope http://www.bankera.com delivers what they promised. If bunq manages to implement this, there's no need for me to switch... :P
Maybe you can launch a secondary app (multi crypto wallet) connected to bunq?
One more time: people who want a bank to handle their crypto have no idea what crypto is and would do better staying away from it altogether
Don't you think we need a good alternative in the transition period? I don't see mass adoption for cryptos happening overnight.
Exactly. If you give crypto to anyone else to 'protect' you just downgraded from holding an uncrackable asset to holding a promise from a third party.
As I see it blockchain has a promising future.
It might be good to differentiate between crypto currencies / blockchain for betting (which has given it the popularity it received lately and might very well be a bubble that is awaiting correction) and it's usefulness as a tool for transactions and payments. I'd love for bunq to think about producing something groundbreaking for the latter (better, faster transactions) instead of jumping on the bandwagon for the former (the Bitcoin investment craze).
Say, something like a Europe-wide, blockchain-based and open payment platform that doesn't lock into Ideal or SOFORT or any one company but can be maintained by a blockchain that is supported by any bank or company that wants to participate. I believe this would have the potential for fast adoption everywhere.
I think it's pretty narrow to just think about exchange between Bitcoin and EUR as value store. That bubble will burst if nobody builds useful transaction application where people use Bitcoin within that ecosystem and not just trades for fiat currency. That entire trading bit seems to go against what bunq stands for - the innovation in making transactions better, faster, cheaper and more open seems the right fit.
Indeed, bunq said earlier that part of their service is to provide a risk free platform. And that is why your balance won’t go below €0, they don’t invest our money except for required by law, they don’t provide loans and insurance products and so on. The current use of crypto currency is gambling and that doesn’t belong with bunq.
At the moment there are -some- stores where you can pay using Bitcoin, but it is usually a conversion to EUR or USD. Worse, game store Steam announced yesterday they no longer accept Bitcoin payments because of the instability and exorbitant fees. I expect others to follow soon. It is a bubble and I expect it to burst after the holiday season when all the ‘investors’ (gamblers) found out you can’t actually use it for anything. I have ‘invested’ a tiny amount myself with money I don’t need. A controlled experiment. But what happens when we all get instant access to bubble directly from our bank accounts? For now it still requires a bit of work to get all set up and start trading. I’m afraid when it becomes easy and quick people are going to take high risks with the money they actually do need and develop serious money problems.
I believe bunq is currently a great help in responsible money management with the budget accounts, limits and policies, access to the bubble can destroy all that.
Komt er (mogelijk) een samenwerking met #Gulden ? 🌀
Dit zou perfect zijn voor mijn projecten 🌈💡💙
Ben zelf ook een grote Gulden fan en gebruiker (geen casino functie maar gebruik het ook echt als betaalmiddel waar mogelijk).
As regular banks are afraid of cryptovaluta and hurting their businesscase I think bunq has the unique opportunity to make a first move towards the cryptovaluta market. The last months the market has more than tripled.
I do not specifically know to what laws you are restricted.
What I would like to see:
1. A multi coin wallet, with a nice UX and UI, and that is where you excel at at bunq. Currently the market has suitable wallet available with a good UI.
As a costumer of bunq I would be willing to pay a monthly fee for the availabillity of all my coins in one app.
2.(when there are wallets) As mentioned in another post, the Proof of Stake option, for your valuta.
3. If option 1 is not a legal option for you as a bank, maybe the service of providing paper wallet generators, with a nice interface to track you account savings.
4. If none of the above options are viable, I would ask for a team bunq brainstorm, put your heads together and look what you can do for this new emerging market, but staying within your position as bank of the free.
We as customers do not have that much insights of laws and technological possibilities.
Thankyou very much!
Whoah, thanks for the excellent feedback and suggestions. It's these kind of suggestions that help bunq to create the features users want!
For now, we have no plans to move towards cryptocurrencies because of several legal and safety issues. The main concern remain anti money laundering laws.
Of course, bunq wouldn't be bunq if we wouldn't listen to the feedback and actually try and come up with something! So, thanks for the help! 🙌
You can use coinomi for free. You don't need a bank to secure crypto-currencies, the protection is already built in. It's the "crypto" part.
Bunq and cryptovaluta
Recently I reacted to a post where there was a discussion about how bunq can make an entrance @ the cryptovaluta.
I received a very positive reaction from the bunq team that they will think about ways that could be possible.
I recently stumbled upon a company that allows everyone to open an UK bank account and offer a credit card. I figured that they are also obligated to certain laws as KYC, Anti money laundring.
They are called Babb, link: getbabb.com ( this is not to promote them!)
Could this model also be used by bunq?
Do you think it's legal and a sustainable Business model?
I'd love to hear your response
A progressive bunq fan!
Nice! I would love to see something like this @bunq. Thanks for the link. Will look in to in and maybe even join the pre-sale.
There’re lots of companies offering that for a long time now, that’s nothing new
As far as I know no, companies that apply to be a bank.
I do not totally trust the Bankera, nor do they have banking licenses, they havn't proven them selves. bunq on the other hand proved to be trustworthy, and capable in tech, team, marketing.
That's why I would love to see them do this. Would totally support them.
Revolut offers that and has applied to an European banking license. TransferWise offers a very flexible banking-like (unique IBAN’s) solution with several currencies, works without a glitch at least for GBP and EUR, the ones I have personally used
Do they support altcoins or only BTC?
Only looked at Revolut, but seems that when you buy cryptovaluta, you cannot transfer it to of from revolut, you essentially own nothing then.
I think that maybe peer to peer currency might be a way forward, in fact as soon as you connect alt currencies to all other currencies ie EUR, GBP etc then the banks have power again. Make a Bunq currency give everyone 100 Bunq free to start yes just like that out of thin air the banks do it. With everyone using this platform and paying each other for sevices etc then it could grow. people power. I know it's not easy and is more complex but people could have power back.
If Bunq could make a crypto wallet I would be more then happy to pay for a bank account. I would feel safer with my crypto currency in a bunq wallet then in a wallet from the app store that I'm not sure of if I can trust that 3rd party
Hello, my opinion about a new cool feature will be the integration with cryptocurrency exchanges + the automatic conversion to crypto from fiat and vice versa.
Does anybody has a invite code from Bl3p.eu for me?
Yes, i have. How can i contact you?
That would be great! You can contact me via firstname.lastname@example.org :)
Can a moderator delete my e-mail address? Before I receive some spam :)
I'd be willing to discuss this with bunq. I represent BTC.com
BABB - Everyone is a bank
Zij zijn het aan het implementeren... Full reserve fiat + crypto's + licentie + onderling lenen + fundraising... blijf aub niet achter, bunq...
Wish: filter everything related to Crypto currencies from together. ;)
I really don't see how a bank should offer a Crypto wallet to their users. The risk is to high for a bank to keep all the Private Keys for us. And if they give the Private Keys to us, it's the same as holding your coins on your computer/ usb stick/ ledger.
I think the combination of holding your cryptocoins on a cold storage ledger like Nano S, and a open minded bank like Bunq is gold.
You should see Crypto Coins more as a store of value , rather then an actual paying method.
One of the reasons I love Bunq is because of their API, which already makes it possible to spend my crypto Gulden with NFC or ATM in real time. I'm already 100% satisfied. No need for BUNQ to do crypto at all. Bunq should keep doing what they are doing and crypto can use their API if they wish to.
How do you do this?
The Gulden wallet uses Nocks.com in the background, which uses the Bunq API. You just put your verified Bunq Iban inside the Gulden wallet and send your Gulden which in less then a second gets transferred into your Bunq account, ready to spend :)
I’d love to be able to transfer cash from my crypto wallet to Bunq is that possible
That entirely depends on the wallet you are sending from obviously. If you are able to send money to an IBAN account than you can also send it to your bunq account
Coinbase has nothing to do with what he is asking, they are just another way to go from Fiat to Crypto
I don't want a Rabobank account but I do want a trustworthy EUR/Crypto wallet.
Please bunq!!! Don't make me go Rabo...
Gulden.com & nocks ™
He asks for a trustworthy account and you are going to recommend him Coinbase? :p
The company that has had multiple instances of obvious insider trading, thousands of users with payments which don't go through for weeks/months and recently tons of their customers received duplicate payments for old transactions.
And on top of all that their fees for both trades and withdrawals are ridiculously high ranging from 1.5% up to 4%
I see a bright future & collaboration with #Gulden 💙♻ Especially for startups 💡🌈
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