Buy Bitcoin with Bankinter

How to buy Crypto or Bitcoin with Bankinter

As mentioned above, the easiest way to invest in cryptocurrencies with a Bankinter account is through a regulated platform that is licensed by the European Securities and Markets Authority. With this method, Spanish investors can transfer Euros (EUR) and other currencies to a regulated crypto broker to invest in digital assets in the same way that they would invest in stocks.

You can follow the simple guide below with our top pick for Spanish investors, Uphold.

1. Sign Up: Create an account on Uphold and complete your verification (personal or company).
2. Connect Account: Select the currency you want deposit on the Uphold Platform (EUR + 30 more).
3. Deposit Funds: Connect your Bankinter account to quickly deposit your selected fiat currency.‍
4. Buy Crypto: The final step is to find the cryptocurrency you want to buy and execute your trade.

Is Bankinter Bitcoin and Crypto-Friendly?

Bankinter is a digital asset-friendly bank in Spain and Portugal that allows its customers to invest in cryptocurrencies through regulated broker accounts. We have reviewed their banking policies and could not identify any terms or conditions that would prohibit investors from investing in the asset class through exchanges that are regulated in their jurisdiction.

Cryptocurrency Investing Fees

The fees you pay to invest in cryptocurrencies with Bankinter will depend on the platform that you use to buy and sell digital assets. For example, Uphold charges a variable commission fee of 0.9% - 1.2% fee per trade, while some other platforms may charge a fixed percentage fee or a flat-rate fee per transaction. You will also need to factor in the spreads that each platform charges, as this is how they make their money.

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About Bankinter

Bankinter is a Spanish bank that offers its services in Spain and Portugal. The bank was founded in 1965 and is headquartered in Madrid, Spain. Bankinter has a strong online presence and offers a wide range of banking products and services, including loans, credit cards, savings accounts, investment products, and insurance.

In Spain, Bankinter is one of the leading banks in terms of market share. The bank has a wide network of branches and ATMs across the country. In Portugal, Bankinter offers its services through its subsidiary, Banco BPI. The bank has a strong focus on technology and offers a range of digital banking products and services. Bankinter's mobile app is one of the most popular in Spain. Bankinter also offers a wide range of investment products, including mutual funds, ETFs, and bonds. The bank has a good reputation and is known for its competitive rates and fees. However, some customers have complained about the quality of customer service.

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Final Thoughts

In conclusion, while Bankinter does not directly offer cryptocurrency investing services, they do allow customers to transfer funds from Bankinter accounts into licensed crypto brokerage platforms such as Uphold to buy and sell Bitcoin and other crypto assets. Uphold is recommended for Bankinter account holders due to their instant and free Euro deposits, low fees, and a wide variety of trading options. Overall, Bankinter is a digital asset-friendly bank in Spain and Portugal that enables its customers to invest in cryptocurrencies through regulated broker accounts.