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Can I buy Crypto with National Bank of Canada?

Unfortunately the National Bank of Canada does not yet offer any services for their customers to buy Bitcoin and other cryptocurrencies through their online banking platform. This also includes the National Bank of Canada branches, which do not offer Over the Counter desks for cryptocurrency trading.

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How to buy Crypto with National Bank of Canada

The easiest way to invest in cryptocurrencies with a National Bank of Canada account is through a licensed and regulated digital currency exchange in Canada. The best for Canadian Dollar (CAD) deposits is Bitbuy, who are Canada's largest and most trusted crypto exchange.

Their exchange is regulated and licensed by FINTRAC, which means they are safe to deposit CAD and to custody your cryptocurrency. Depositing Canadian Dollars to Bitbuy is easy and can be done via e-Transfer as shown below.

Bitbuy deposit Canadian Dollars via Interac e-Transfer

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National Bank of Canada Crypto Policy

As at time of writing, the National Bank of Canada does not have any adverse internal policies that would prohibit Canadian investors from buying cryptocurrency through Bitbuy. All major Canadian banks have taken a very positive and progressive stance toward crypto, making it easy for customers to get funds in and out.

Visit Bitbuy
Posted 
March 6, 2022
 in 
Crypto Banks
 category

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