How to Buy Crypto with Bankinter

Can I Buy Bitcoin with Bankinter?

Certainly, Bankinter allows its customers to invest in Bitcoin, along with a diverse portfolio of other cryptocurrencies. You can do this via well-established Spanish cryptocurrency exchanges overseen by the Bank of Spain and hold a Virtual Asset Service Provider (VASP) license. To get started, you can quickly transfer Euros from your Bankinter account to your chosen trading platform. Once the funds are in place, you can convert them into Bitcoin or other digital assets. 

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How to Buy Crypto with Bankinter

If you're interested in buying cryptocurrencies and have a Bankinter account, partnering with a trusted exchange like Uphold streamlines the entire process. Uphold facilitates swift and free EUR deposits from Bankinter through various means, such as bank transfers, SEPA, and credit cards. Moreover, it allows you to trade and invest in an expansive range of over 250 cryptocurrencies without incurring any transaction fees.

Here's a comprehensive guide to assist you in your crypto endeavor via Bankinter:

1. Create an Account: Go to the Uphold website and undergo the sign-up procedure, which also entails identity verification for added security.
2. Integrate Bankinter: After logging into your newly created Uphold dashboard, locate and select the option for integrating a bank account. 
3. Deposit Funds: Navigate to the 'link bank' section within your dashboard and proceed to connect your Bankinter account. Follow the on-screen guidelines to successfully transfer your initial deposit.
4. Invest in Crypto: Utilize Uphold's search feature to identify the particular cryptocurrency you are interested in. Once located, proceed to finalize your investment.

Bankinter Cryptocurrency Policy

Bankinter, a renowned financial institution in the banking sector, adopts a forward-thinking yet cautious approach towards cryptocurrencies. The bank permits its customers to interact with digital currencies through exchanges that are accredited with a VASP (Virtual Asset Service Provider) license and adhere to the guidelines set by the Spanish Securities Market Commission (CNMV).

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What is Bankinter?

Bankinter, S.A. is a commercial bank based in Spain, known for its innovative approach to banking. It was established in June 1965 as a Spanish industrial bank through a joint venture by Banco Santander and Bank of America. In 1972, it became fully independent of its founders and transformed into a commercial bank. The bank offers a comprehensive range of banking and financial services, including retail banking, corporate banking, and investment banking. 

It provides services such as checking and savings accounts, mortgages, personal loans, credit cards, and investment services to individuals. For businesses, Bankinter offers products and services such as business accounts, business loans, merchant services, and asset management. Notably, Bankinter has been a pioneer in digital banking in Spain.

Final Thoughts

To sum up, Bankinter offers a unique blend of traditional and innovative financial services, but it requires customers to look beyond its platform when it comes to cryptocurrency investment. Choosing a compliant and well-regulated exchange like Uphold is highly recommended for those keen on entering the crypto market. Uphold stands out for its seamless integration with Bankinter, offering free EUR deposits and a broad selection of over 250 cryptocurrencies for trading and staking.