How to Buy Cryptocurrencies with BBVA
The easiest way to buy digital currencies with BBVA Bank is with a regulated multi-currency trading platform like Uphold. They offer instant deposits from BBVA Bank and BBVA Net Cash in Euros (EUR), Argentine Peso (ARS), Peruvian Sol (PEN) and other currencies to buy a wide variety of cryptos and thousands of other assets.
You can follow this simple guide to get started with a trusted platform:
- Sign Up: Create an account on Uphold and complete your verification.
- Connect Account: Connect your BBVA account to Uphold by selecting the fiat currency you want to transfer on your dashboard.
- Deposit Funds: You can then select the 'connect bank' button to link your BBVA account and deposit Euros (EUR).
- Buy Cryptocurrency: Find the cryptocurrency you want to buy and execute your trade.
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Is BBVA Bank Crypto-Friendly?
BBVA Bank is a crypto-friendly financial institution that allows its customers to buy and sell Bitcoin and digital assets with regulated trading platforms. This means that customers in Europe, South America and abroad can safely invest in the asset class without having to worry about their accounts being frozen or funds being held.
What are the Fees?
Investors depositing funds from their BBVA Bank account into Uphold will not incur any fees when using a Bank Transfer (SEPA) as the payment method. This is more cost-effective than many platforms, which may charge up to 1% for depositing EUR and additional fees for converting it to USD.
About BBVA Bank
BBVA is a Spanish bank that has been in operation for over 150 years. In recent years, the bank has embraced digital transformation and has become a major player in the European fintech scene. BBVA is one of the few banks that offer a full range of digital banking services, from online banking to mobile apps and more.
The bank offers a wide range of banking products and services for both individuals and businesses. BBVA's personal banking products include savings and checking accounts, credit cards, loans, and investment products. BBVA's business banking products include loans, lines of credit, merchant services, and international banking products. BBVA is headquartered in Madrid, Spain and has over 4,000 branches throughout the country. The bank also has a strong presence in Europe, Latin America, and the United States.
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Final Thoughts
BBVA Bank does not offer Bitcoin and cryptocurrency investing directly through its online banking platform. However, customers in Europe and Latin America can transfer funds into regulated crypto exchanges to buy digital assets. We recommend Uphold for fast and cheap deposits from BBVA Bank in Euros (EUR), Argentine Peso (ARS), Peruvian Sol (PEN) and other currencies. They offer over 200 cryptocurrencies to trade with low fees and have an audited proof-of-reserves of customer funds.