Summary: NBG Bank allows its customers to buy Bitcoin and cryptocurrencies by enabling transfers from their bank accounts to licensed and regulated exchanges in Greece. With this method, investors can safely and easily deposit Euros (EUR) to buy and sell digital assets.
After analysing over 20 exchanges in the region, we found that Binance was the best place to get started. They offer instant and free EUR deposits from NBG Bank to trade over 350 cryptocurrencies with industry-leading fees across their spot, futures, options and other derivatives markets.
- Instant and free Euros (EUR) deposits from NBG Bank.
- Trade 350+ crypto assets with low fees starting at 0.1% per trade.
- Largest and most trusted Cryptocurrency exchange in the world with 100 million users.
Can I Buy Crypto with NBG Bank?
NBG Bank does not currently provide any services allowing clients to buy Bitcoin and other cryptocurrencies directly via their online banking platform. However, NBG Bank maintains a supportive stance toward cryptocurrencies. As a result, customers can register with licensed digital asset exchanges in Greece and deposit Euros (EUR) directly from their NBG Bank account.
How to Buy Bitcoin and Crypto with NBG
As previously noted, the most efficient way to invest or trade Bitcoin and cryptocurrencies using an NBG Bank account is via a regulated platform that accepts Euro (EUR) deposits. Our investigation suggests that Binance is the top option due to their instant and free EUR deposits, enabling users to trade over 350 digital assets with competitive fees.
Follow these steps to start using your NBG Bank account on Binance:
- Sign Up: Register for an account on Binance and complete the identity verification process.
- Deposit Funds: Choose Euro (EUR) as your currency and select the crypto you wish to purchase.
- Transfer Funds: Deposit funds from your bank account using a bank transfer or another appropriate method.
- Purchase Crypto: Click 'Buy', and the tokens will be instantly credited to your account.
Is NBG Bank Crypto-Friendly?
Yes, NBG Bank is crypto-friendly. The National Bank of Greece does not have any internal banking policies that prohibit customers from buying and selling digital assets like Bitcoin and Ethereum. The only provision is that investors must use platforms that are licensed and regulated by the European Securities and Markets Authority (ESMA).
Will NBG Bank offer Cryptocurrencies in the future?
At this time, the National Bank of Greece has not made any public announcements regarding plans to offer cryptocurrency investing services through its i-bank or mobile banking platforms. However, due to the growing popularity of digital assets, it is possible that they will offer these services in the future.
About NBG Bank
NBG Bank, or the National Bank of Greece, is a leading Greek financial institution with a long-standing history dating back to its establishment in 1841. As the oldest and one of the largest banks in Greece, it provides a wide range of financial products and services to individual and corporate clients. These services include retail and corporate banking, investment banking, asset management, brokerage, insurance, and leasing.
Headquartered in Athens, the National Bank of Greece has an extensive branch network throughout the country and also operates subsidiaries in other countries, mainly in Southeastern Europe. The bank's primary objective is to support the Greek economy by financing businesses and facilitating transactions for both domestic and international customers.
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Final Thoughts
In conclusion, NBG Bank supports its customers in buying Bitcoin and cryptocurrencies by allowing transfers from their bank accounts to licensed and regulated exchanges in Greece. While the bank doesn't currently offer direct cryptocurrency purchases through its platform, it maintains a crypto-friendly stance. Binance is recommended as the top exchange for NBG Bank customers, offering instant and free EUR deposits and competitive fees for trading over 350 digital assets. As the popularity of digital assets continues to grow, it is possible that NBG Bank will provide cryptocurrency investing services in the future.
Co-Founder & former Investment Banker (Finance MBA) turned Full-Time analyst and Head of Research at Buy Bitcoin Bank. Left traditional finance to pursue my interest in digital assets and decentralized finance.
